Retirement plan

DEFINED BENEFIT PLAN OF THE MID-JERSEY TRUCKING INDUSTRY AND TEAMSTERS LOCAL 701 PENSION AND ANNUITY FUND

Name: DEFINED BENEFIT PLAN OF THE MID-JERSEY TRUCKING INDUSTRY AND TEAMSTERS - DEFINED BENEFIT PLAN OF THE MID-JERSEY TRUCKING INDUSTRY AND TEAMSTERS LOCAL 701 PENSION AND ANNUITY FUND (2025) Form 5500
Creator: DEFINED BENEFIT PLAN OF THE MID-JERSEY TRUCKING INDUSTRY AND TEAMSTERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEFINED BENEFIT PLAN OF THE MID-JERSEY TRUCKING INDUSTRY AND TEAMSTERS LOCAL 701 PENSION AND ANNUITY FUND, DEFINED BENEFIT PLAN OF THE MID-JERSEY TRUCKING INDUSTRY AND TEAMSTERS

DEFINED BENEFIT PLAN OF THE MID-JERSEY TRUCKING INDUSTRY AND TEAMSTERSdba 701 PENSION AND ANNUITY FUNDEIN 13-6043977Plan #001PY 2025

2003 US ROUTE 130, SUITE A - NORTH BRUNSWICK, NJ 08902732-297-3900

Other plans on this EIN

1 filing

#002Retirement-$15.4M assets

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$331.4M

+4.3% from 2017

Total participants

1,354

+6.9% from 2017

Average account balance

No prior year

Annual return

5.86%

-12.29 pp from 2017

Benchmarks

See 423 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants25-99

Cohort423 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$331.43M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$245K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,292

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$40K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+5.86%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 10 of 18 by compensation

Provider	Service type	Compensation
GREAT LAKES ADVISORS, LLC5 years Service code 28 · EIN 80-0292839	Investment Management	$307,275
LOOMIS SAYLES6 years Filed as: LOOMIS SAYLES TRUST COMPANY Service code 28 · EIN 20-8080381	Investment Management	$207,681
GROOM LAW GROUP2 years Filed as: GROOM LAW GROUP, CHARTERED Service code 29 · EIN 52-1219029	Legal	$178,409
KENNETH RYAN7 years Filed as: KENNETH CARR Service code 30 · EIN 13-6043977	Employee (plan); Direct payment from ...	$100,479
FIDELITY INVESTMENTS INSTITUTIONAL8 years Filed as: FIDELITY INSTITUTIONAL ASSET MGMT. Service code 28 · EIN 04-3532603	Investment Management	$99,869
GIANCARLO PREZIOSO10+ years Service code 30 · EIN 13-6043977	Direct payment from the plan; Employe...	$93,095
AMALGAMATED BANK4 years Service code 19 · EIN 13-4920330	Securities Custodian	$90,111
FIRST ACTUARIAL CONSULTING, INC.10+ years Service code 11 · EIN 26-3842522	Actuarial	$87,769
JP MORGAN INVESTMENT MANAGEMENT INC2 years Filed as: VILLANOVA INVESTMENT MANAGEMENT COM Service code 28 · EIN 81-2973809	Investment Management	$87,574
NEPC, LLC9 years Service code 27 · EIN 26-1429809	Advisory (Plan)	$85,356

Enrolled actuary

1 attachment

Free accounts unlock saves, downloads, and 3-year history.

Plan features & details

Pension benefit codes1B

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

Opportunity flags

1 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$2.4M

$38322 / participant

Recordkeeping$10K0.4%
Trustee / custodial$90K3.8%
Investment mgmt$812K34.2%
Legal$310K13.1%
Actuarial$88K3.7%
Salaries / allowances$252K10.6%
Other / not subdivided$814K34.3%

% of EOY assets

0.717%

all-in expense ratio

Categories reported

6 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MSPC CERTIFIED PUBLIC ACCOUNTANTS &
Auditor EIN: 222951202
Audit fees: $29,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,265-100.0%

Participation rate

0.0%

11.2%-11.2pp

0.0%0pp

11.2%-11.2pp

Annual return

5.86%

9.01%-3.1pp

31.38%-25.5pp

9.01%-3.1pp

Employer contribution / active EE

$39,659

$12,866+208.2%

$24,632+61.0%

$12,866+208.2%

Participant deferral / active EE

$260-100.0%

$181-100.0%

$260-100.0%

Admin fee / account holder

$4,785-100.0%

Provider

Service type

Compensation

GREAT LAKES ADVISORS, LLC5 years

Service code 28 · EIN 80-0292839

Investment Management

$307,275

LOOMIS SAYLES6 years

Filed as: LOOMIS SAYLES TRUST COMPANY

Service code 28 · EIN 20-8080381

Investment Management

$207,681

GROOM LAW GROUP2 years

Filed as: GROOM LAW GROUP, CHARTERED

Service code 29 · EIN 52-1219029

Legal

$178,409

KENNETH RYAN7 years

Filed as: KENNETH CARR

Service code 30 · EIN 13-6043977

Employee (plan); Direct payment from ...

$100,479

FIDELITY INVESTMENTS INSTITUTIONAL8 years

Filed as: FIDELITY INSTITUTIONAL ASSET MGMT.

Service code 28 · EIN 04-3532603

Investment Management

$99,869

GIANCARLO PREZIOSO10+ years

Service code 30 · EIN 13-6043977

Direct payment from the plan; Employe...

$93,095

AMALGAMATED BANK4 years

Service code 19 · EIN 13-4920330

Securities Custodian

$90,111

FIRST ACTUARIAL CONSULTING, INC.10+ years

Service code 11 · EIN 26-3842522

Actuarial

$87,769

JP MORGAN INVESTMENT MANAGEMENT INC2 years

Filed as: VILLANOVA INVESTMENT MANAGEMENT COM

Service code 28 · EIN 81-2973809

Investment Management

$87,574

NEPC, LLC9 years

Service code 27 · EIN 26-1429809

Advisory (Plan)

$85,356

DEFINED BENEFIT PLAN OF THE MID-JERSEY TRUCKING INDUSTRY AND TEAMSTERS LOCAL 701 PENSION AND ANNUITY FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEFINED BENEFIT PLAN OF THE MID-JERSEY TRUCKING INDUSTRY AND TEAMSTERS LOCAL 701 PENSION AND ANNUITY FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion