Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF BERGEN VOLUNTEER MEDICAL INITIATIVE, INC.

Name: BERGEN VOLUNTEER MEDICAL INITIATIVE, INC. - 403(B) THRIFT PLAN FOR EMPLOYEES OF BERGEN VOLUNTEER MEDICAL INITIATIVE, INC. (2025) Form 5500
Creator: BERGEN VOLUNTEER MEDICAL INITIATIVE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF BERGEN VOLUNTEER MEDICAL INITIATIVE, INC., BERGEN VOLUNTEER MEDICAL INITIATIVE, INC.

BERGEN VOLUNTEER MEDICAL INITIATIVE, INC.EIN 20-2633437Plan #001PY 2025

75 ESSEX ST STE 100 - HACKENSACK, NJ 076014034201-342-2478

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$541K

+71.7% from 2024

Total participants

+25.0% from 2024

Average account balance

$54,141

+20.2% from 2024

Annual return

43.10%

+22.66 pp from 2024

Benchmarks

See 88,187 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort88,187 peers

Snapshot2025

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$541K

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

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.

111.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$90K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+43.10%

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

0 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

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Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2G3D2J2E2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$50

$6 / participant

Other / not subdivided$50100.0%

% of EOY assets

0.009%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,141

$177,572-69.5%

$154,803-65.0%

$142,382-62.0%

Participation rate

100.0%

82.1%+17.9pp

78.1%+21.9pp

80.1%+19.9pp

Annual return

43.10%

65.07%-22.0pp

58.88%-15.8pp

217.08%-174.0pp

Employer contribution / active EE

$4,810-100.0%

$4,305-100.0%

$4,299-100.0%

Participant deferral / active EE

$10,031

$6,272+59.9%

$5,540+81.0%

$6,507+54.2%

Admin fee / account holder

$16,786-100.0%

$14,329-100.0%

$12,624-100.0%

403(B) THRIFT PLAN FOR EMPLOYEES OF BERGEN VOLUNTEER MEDICAL INITIATIVE, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF BERGEN VOLUNTEER MEDICAL INITIATIVE, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

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