The United Methodist Homes Of New Jersey 403(B) Savings And Retirement — Form 5500 plan (United Methodist Homes Of New Jersey)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, The United Methodist Homes Of New Jersey 403(B) Savings And Retirement is a benefit plan reported by United Methodist Homes Of New Jersey under EIN 21-0634464 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,150 participants and $21,282,483 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$21.3MPlan net assets, end of year$21,282,483
Participants1.1KCovered participants reported1,150
Assets / participant$18.5KComputed: assets ÷ participants$18,507 (computed)
Provider compensation$160.7K4 Schedule C provider row(s)$160,749
Plan sponsor
United Methodist Homes Of New Jersey
EIN
21-0634464
Plan number
002
Plan type
2
Location
Neptune, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,150H, C20240917073130NAL0003599984001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$21.3M total assets
Net assets$21.3MLiabilities$0
Money in vs. money out
Total income / additions$5.5M
Total expenses$3.2M
Benefits paid / distributions$3.1M
Contributions
Employer$729.4K
Participant$1.9M
Full reported line items

Net assets

Total assets (EOY)
$21,282,483
Total liabilities (EOY)
$0
Net assets (EOY)
$21,282,483
Net assets (BOY)
$18,996,586

Income & contributions

Employer contributions
$729,374
Participant contributions
$1,872,734
Total contributions
$2,709,778
Total income / additions
$5,518,975

Expenses & distributions

Benefits paid
$3,097,523
Administrative expenses
$122,457
Total expenses
$3,233,078
Net increase / (decrease)
$2,285,897
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 28%Participant 72%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income56%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$122,457$02023
Commonwealth Financial NetworkINVESTMENT ADVISORY$0$38,2922023
Morningstar Investment Management LINV ADV, PARTICIPANTS$0$02023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages