# Shore Medical Center DB Plan
Source: https://planprovider.pro/companies/shore-medical-center-plan

> Shore Medical Center&#39;s DB plan: 233 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Shore Medical Center

- **Sponsor EIN:** 210660835

- **Sponsor Address:** 100 MEDICAL CENTER WAY, SOMERS POINT, NJ, 082442340

- **Plan Type:** DB

- **Total Participants:** 233

- **Total Assets:** $168.5M

## 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|233|$168.5M|$4.5M|$0|

| 2023|269|$169.4M|$6.0M|$0|

| 2022|288|$151.8M|$10.0M|$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|

| CBIZ|NONE|$199,139|—|$199,139|

| PNC|NONE|$157,955|—|$157,955|

| PRUDENTIAL INSURANCE COMPANY|NONE|$23,448|—|$23,448|

| CAPTRUST|NONE|$12,500|—|$12,500|

| GRANT THORNTON, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [PRUDENTIAL INSURANCE COMPANY](https://planprovider.pro/provider/empower) — NONE

- [CAPTRUST](https://planprovider.pro/provider/captrust) — NONE

- [GRANT THORNTON, LLP](https://planprovider.pro/provider/grant-thornton-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $393,042

- **Estimated Expense Ratio:** 0.233% 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|$491,516|$193,902|—|—|—|

| 2023|$1,728,264|$891,889|—|—|—|

| 2022|$1,994,465|$787,898|—|—|$410,807|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/shore-medical-center-plan)

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