Plan Snapshot
- Plan Sponsor: Woodbridge Police Department Mutual Death & Severance Veba, INC.
- Sponsor EIN: 223163247
- Sponsor Address: ONE MAIN STREET, WOODBRIDGE, NJ, 070950553
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 217
- Total Assets: $682,853
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 | 217 | $682,853 | $0 | $65,600 |
| 2023 | 208 | $624,067 | $0 | $61,375 |
| 2022 | 197 | $555,272 | $0 | $59,950 |
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 |
|---|---|---|---|---|
| MICHAEL T. REMUS, CPA | Auditor | — | — | $0 |
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 | $20,054 | — | $20,054 | — | — |
| 2023 | $22,222 | — | $22,222 | — | — |
| 2022 | $17,768 | — | — | — | $17,768 |