Plan Snapshot
- Plan Sponsor: Teamsters Local No. 35 Health Plans
- Sponsor EIN: 221804923
- Sponsor Address: 620 US HIGHWAY 130, TRENTON, NJ, 08691
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 400
- Total Assets: $34.2M
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. |
|---|---|---|---|---|
| 2025 | 400 | $34.2M | $0 | $0 |
| 2024 | 419 | $32.1M | $7.3M | $893,105 |
| 2023 | 457 | $29.2M | $6.6M | $947,382 |
| 2022 | 419 | $26.5M | $6.3M | $828,298 |
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 |
|---|---|---|---|---|
| HORIZON HEALTHCARE SERVICE, INC. | Other Service Provider | $231,472 | — | $231,472 |
| PHILOMENA LUCIDI | Other Service Provider | $147,255 | — | $147,255 |
| PAYDHEALTH LLC | Other Service Provider | $108,992 | — | $108,992 |
| CHRISTINE PERSICHETTI | Other Service Provider | $85,810 | — | $85,810 |
| FABIAN & BRYN, LLC | Other Service Provider | $85,120 | — | $85,120 |
| HAEFELE FLANAGAN & CO., PC | Other Service Provider | $64,300 | — | $64,300 |
| DEANNA WOOD | Other Service Provider | $54,603 | — | $54,603 |
| STACY MARIE VONSCHMIDT | Other Service Provider | $52,448 | — | $52,448 |
| ATTILIO BOUCHER | Other Service Provider | $51,519 | — | $51,519 |
| ELECT RX | Other Service Provider | $50,007 | — | $50,007 |
| AMERICAN CORE REALTY FUND, INC. | Other Service Provider | $33,494 | — | $33,494 |
| PBIRX, INC. | Other Service Provider | $30,521 | — | $30,521 |
| RAE GROUP LLC | Other Service Provider | $29,000 | — | $29,000 |
| FISCHER DORWART, P.C. | Other Service Provider | $24,138 | — | $24,138 |
| EAST POINT DATA | Other Service Provider | $23,310 | — | $23,310 |
| MAXOR PLUS | Other Service Provider | $22,873 | — | $22,873 |
| THOMAS MARINO | Other Service Provider | $22,050 | — | $22,050 |
| DAHAB ASSOCIATES | Other Service Provider | $19,537 | — | $19,537 |
| CANARX | Other Service Provider | $18,700 | — | $18,700 |
| ZAZZALI, FAGELLA, NOWAK, KLEINBAUM | Other Service Provider | $17,678 | — | $17,678 |
| NJ ELITE COMMERCIAL CLEANING | Other Service Provider | $11,089 | — | $11,089 |
| ANCERO | Other Service Provider | $10,721 | — | $10,721 |
| VALVERDE & EXPRESS GARDEN | Other Service Provider | $10,183 | — | $10,183 |
| CHE MECHANICAL SERVICES | Other Service Provider | $10,036 | — | $10,036 |
| PESTGUARD, INC. | Other Service Provider | $7,050 | — | $7,050 |
| U.S. BANK | Other Service Provider | $6,693 | — | $6,693 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,228,599
- Estimated Expense Ratio: 3.596% 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 |
|---|---|---|---|---|---|
| 2025 | $9,582,501 | $53,031 | — | $19,400 | — |
| 2024 | $1,067,641 | $67,242 | — | $17,850 | — |
| 2023 | $1,096,353 | $73,280 | — | $22,617 | — |
| 2022 | $1,029,533 | $86,461 | — | — | $196,680 |