Plan Snapshot
- Plan Sponsor: North Hudson Community Action Corporation
- Sponsor EIN: 221818699
- Sponsor Address: 800 31ST STREET, UNION CITY, NJ, 07087
- Plan Type: 403(b)
- Total Participants: 724
- Total Assets: $20.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 724 | $20.5M | $0 | $1.2M |
| 2023 | 779 | $18.5M | $308,198 | $1.1M |
| 2022 | 794 | $15.5M | $0 | $889,988 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ROBERT MCNINCH, PARTNER | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $58,507 | — | $58,507 | — | — |
| 2023 | $49,745 | — | $49,745 | — | — |
| 2022 | $50,692 | — | $50,692 | — | — |