Plan Snapshot
- Plan Sponsor: South Jersey Industries, INC.
- Sponsor EIN: 221901645
- Sponsor Address: 1 SOUTH JERSEY PLAZA, RT. 54, FOLSOM, NJ, 080379109
- Plan Type: DB
- Total Participants: 188
- Total Assets: $74.6M
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 | 188 | $74.6M | $0 | $0 |
| 2023 | 196 | $73.9M | $0 | $0 |
| 2022 | 208 | $73.4M | $0 | $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 |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | $39,632 | — | $39,632 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,632
- Estimated Expense Ratio: 0.053% 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 | $557,135 | $194,837 | — | $39,632 | — |
| 2023 | $829,012 | $185,019 | — | $39,368 | — |
| 2022 | $630,378 | $214,292 | — | — | $359,883 |