Liberty Riverside Healthcare, Inc. d/b/a Meadowlands Hospital Medical Center

Form 5500 Data

Overview

Plan Rating

BrightScope Rating
29
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (22)
Average in Peer Group (57)
Highest in Peer Group (85)

Plan Description

Pension Plan of Meadowlands Hospital Medical Center/Liberty Healthcare System, Inc. is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 29. This plan is in the top 35% of plans for Total Plan Cost. Pension Plan of Meadowlands Hospital Medical Center/Liberty Healthcare System, Inc. currently has over 500 active participants and over $2.9M in plan assets.

Did you know?

For the average 401k participant, the 56 point difference between this plan's BrightScope Rating (29) and the top rated plan (85) could equate to:
25
Additional years of work
386,800
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 379 Campus Drive Suite 102
  • Location
    Somerset , NJ
  • 08873
  • Industry
    Health Care and Social Assistance
  • Administrator
    Algretta Hatcher
  • Net Plan Assets
    $2,880,000
  • Total Participants
    540
  • Avg Account Balance
    $5,300

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Poor

Performance

Participation Rate:
Poor
Salary Deferrals:
Poor
Account Balance:
Poor

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Poor
Salary Deferrals:
Poor
Account Balance:
Poor

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

52

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
MetLife Fixed Rider 28%
N/A
MetLife Guaranteed Investment Contract 24%
N/A
State Street Institutional US Government Money Market 5%
94%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Brighthouse Life Insurance Company
Insurance Carrier
Mutual of Omaha Insurance Company
Insurance Advisor/Broker
Brighthouse LLC
Recordkeeper
MetLife
Auditor
WithumSmith + Brown, PC

Articles and Questions

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