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Plan Information

  • Plan Year01/01/2019 — 12/31/2019
  • Date of Plan01/01/1982
  • Net Assets as of 12/31/2019 $8,247,271
  • Plan Number9
  • Plan Type Multi-Employer
  • Is the plan collectively bargained?Yes
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2019

  • Active (Eligible) Participants701
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits0
  • Subtotal701
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total701
  • Total number of participants as of 01/01/2019679
  • Number of participants with account balances701
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested0


  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address48 Stiles Lane, Suite 204
  • CityPine Brook
  • StateNJ
  • Zip07058
  • Telephone(973) 299-6700
  • EIN22-2450938
  • Industry Code445110
  • Named AdministratorDonna Colucci
  • Named Plan SponsorJoan Williams

Plan Administrator Information

  • Administrator NameBenefit Plan Administration of New Jersey Inc.
  • Address48 Stiles Lane Suite 204
  • CityPine Brook
  • StateNJ
  • Zip07058
  • Telephone(973) 299-6700
  • Administrator EIN22-2714749

Audit Information

  • Audit StatusAudited
  • AuditorBaratz & Associates, P.A.
  • Auditor EIN22-2212404
  • Audit OpinionUnqualified
  • Audit Type Full Audit

Benefits Provided Under the Plan

Code Benefit Description
2C Money purchase A pension plan, other than a target benefit plan that requires a fixed percentage of compensation to be contributed to each eligible employee.

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $500,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No


Income and Expense Statement

Income $1,324,702
Contributions $628,731
Cash Contributions $628,731
Cash from Employers $628,731
Cash from Participants $0
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $695,971
Total Interest $118,093
Interest-Bearing Cash $58,425
U.S. Government Securities $0
Corporate Debt Instruments $59,668
Loans (other than to participants) $0
Participant Loans $0
Interest from Other Investments $0
Total Dividends $146,946
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $243
Aggregate Proceeds $904,000
Aggregate Carrying Amount $903,757
Total Unrealized Appreciation (depreciation) of assets $430,689
Real Estate $0
Other $430,689
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $0
Other Income $0
Expenses $582,131
Total Benefit Payments $313,589
Directly to participants or beneficiaries, including direct rollovers $313,589
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $268,542
Professional Fees $143,989
Contract Administrator Fees $85,871
Investment Advisory and management fees $21,643
Other Administrative Fees $17,039
Net Income $742,571
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2019 12/31/2018 Change YOY
Total Assets $8,292,286 $7,538,909 9.99%
Total noninterest-bearing cash $39,678 $223,649 -82.26%
Receivables $67,342 $81,381 -17.25%
Employer Contributions $42,515 $53,023 -19.82%
Participant Contributions $0 $0 0.0%
Other Contributions $24,827 $28,358 -12.45%
General Investments $2,992,906 $3,012,873 -0.66%
Interest-bearing cash $2,992,906 $3,012,873 -0.66%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $1,306,826 $1,950,759 -33.01%
Preferred $0 $0 0.0%
All Other $1,306,826 $1,950,759 -33.01%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $0 $0 0.0%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $3,885,534 $2,270,247 71.15%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $45,015 $34,209 31.59%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $45,015 $34,209 31.59%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $8,247,271 $7,504,700 9.89%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Morgan Lewis & Bockius LLP Legal, Direct payment from the plan NONE $102,980 $0 $102,980
Benefit Plan Administration of Nj Contract Administrator, Direct payment from the plan Sister of Trustee $85,871 $0 $85,871
Baratz & Associates, P.A. Accounting (including auditing), Direct payment from the plan NONE $31,835 $0 $31,835
Merrill Lynch Pierce Fenner & Smith Investment advisory (plan), Investment management, Investment management fees paid directly by plan NONE $21,643 $0 $21,643
Wilentz Goldman & Spitzer Pa Legal, Direct payment from the plan NONE $9,174 $0 $9,174
Total $251,503 $0 $251,503

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.



No investments information available for this plan.

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.