Plan Snapshot
- Plan Sponsor: Rutgers Casualty Insurance Company
- Sponsor EIN: 222384969
- Sponsor Address: 2250 CHAPEL AVENUE, CHERRY HILL, NJ, 08002
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 43
- Total Assets: $204,002
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 | 43 | $204,002 | $751,128 | $233,145 |
| 2023 | 56 | $4,004 | $30,043 | $894,693 |
| 2022 | 58 | $2,923 | $514,683 | $226,925 |
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 |
|---|---|---|---|---|
| BROWN & BROWN OF PA | Investment Advisor | $31,200 | — | $31,200 |
| THE BENECON GROUP, LLC | Investment Advisor | $15,039 | — | $15,039 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $13,009 | — | $13,009 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,248
- Estimated Expense Ratio: 29.043% 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 | $523,095 | — | — | — | — |
| 2023 | $1,104,713 | — | — | — | — |
| 2022 | $736,367 | — | — | — | — |