Plan Snapshot
- Plan Sponsor: Parker Health Group INC.
- Sponsor EIN: 815241497
- Sponsor Address: 1421 RIVER ROAD, PISCATAWAY, NJ, 08854
- Plan Type: DB
- Total Participants: 704
- Total Assets: $80.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 704 | $80.0M | $4.0M | $0 |
| 2023 | 639 | $70.6M | $4.0M | $0 |
| 2022 | 593 | $57.9M | $3.0M | $0 |
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 |
|---|---|---|---|---|
| COMERICA BANK | NONE | $36,987 | — | $36,987 |
| HARRIS ASSOCIATED LP | NONE | $22,083 | — | $22,083 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- 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: $59,070
- Estimated Expense Ratio: 0.074% 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 | $59,070 | $22,083 | — | — | — |
| 2023 | $41,587 | — | — | — | — |
| 2022 | $34,271 | — | — | — | — |