Plan Snapshot
- Plan Sponsor: Shore Memorial Hospital Dba Shore Medical Center
- Sponsor EIN: 210660835
- Sponsor Address: 100 MEDICAL CENTER WAY, SOMERS POINT, NJ, 08244
- Plan Type: 401(k)
- Total Participants: 1,310
- Total Assets: $57.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,310 | $57.9M | $1.6M | $4.3M |
| 2023 | 1,285 | $49.9M | $1.7M | $3.8M |
| 2022 | 1,279 | $41.0M | $1.5M | $3.3M |
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 |
|---|---|---|---|---|
| GRANT THORNTON | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON — Auditor
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 | $186,553 | $69,273 | — | — | — |
| 2023 | $175,959 | $53,901 | — | — | — |
| 2022 | $205,607 | $154,196 | $33,559 | — | $17,366 |