Plan Snapshot
- Plan Sponsor: Parker Health Group, INC.
- Sponsor EIN: 815241497
- Sponsor Address: 1421 RIVER ROAD, PISCATAWAY, NJ, 088545800
- Plan Type: 403(b)
- Total Participants: 726
- Total Assets: $25.0M
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 | 726 | $25.0M | $0 | $2.8M |
| 2023 | 679 | $20.9M | $0 | $2.4M |
| 2022 | 659 | $16.4M | $0 | $2.2M |
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 |
|---|---|---|---|---|
| TEACHERS INSURANCE & ANNUITY ASSOC | TRUSTEE | $60,288 | — | $60,288 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TEACHERS INSURANCE & ANNUITY ASSOC — TRUSTEE
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,288
- Estimated Expense Ratio: 0.241% of plan assets
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 | $55,186 | — | $55,186 | — | — |
| 2023 | $44,190 | — | $44,190 | — | — |
| 2022 | $36,224 | — | $36,224 | — | — |