Plan Ledger DOL Form 5500 · updated monthly

Visiting Nurse Association of Northern New Jersey, Inc.Profit-sharing plan

VISITING NURSE ASSOCIATION RETIREMENT PLAN · MORRISTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.18%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Visiting Nurse Association of Northern New Jersey, Inc. reported $20,681 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $4,356 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.17% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,393rd of 2,419), and the 5,111th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$12,155,038
Participants with balances187
Active participants98
Employer contributions$426,912
Employee contributions$0
Employer contribution per active participant$4,356
Average account balance$65,000
Benefits paid to participants$900,335
Plan auditUnmodified (clean) audit opinion
AuditorBOWMAN & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 187 accts · $427K emplr
2023$11.0M · 191 accts · $442K emplr
2022$9.1M · 186 accts · $412K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,681
Total administrative$20,681
Employer contributions to the Visiting Nurse Association of Northern New Jersey, Inc. plan · 2024
Employer contribution per active participant$4,356
Median for plans this size$2,416
2024$4,356 per active participant
2023$4,292 per active participant
2022$3,850 per active participant

Visiting Nurse Association of Northern New Jersey, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
METLIFE LIFE INSURANCE COMPANY$20,681

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$20,681 · 0.18%
2023$19,925 · 0.20%
2022$17,024 · 0.17%
All plans at this employer2
VISITING NURSE ASSOCIATION RETIREMENT PLANProfit-sharing plan
TAX DEFERRED ANNUITY PLAN OF VISITING NURSE ASSOCIATION OF NORTHERN NEW JERSEY403(b)
Same employer
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Kayal Medical Group LLC NJ$12.3M · 0.62%
Accurate Monitoring, LLC NJ$12.3M · 0.30%
Juniper Communities LLC NJ$11.9M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221487368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.