Attachment 5 All Incumbent Vendor Data File Demographics ABP-ACTS 5.23.25.xlsx

This file is a comprehensive demographic and financial data spreadsheet for the State of New Jersey's Alternative Benefit Program Additional Contributions Tax-Sheltered Program, covering multiple retirement plan vendors including Corebridge Financial, Empower, and Prudential. The document provides a detailed snapshot of the state's retirement plan as of March 31, 2024, encompassing participant counts, plan assets, transaction activities, and investment fund allocations across different plan types including 403(b) and 457(b) plans.

The data reveals significant plan assets totaling approximately $353,760,730 for Corebridge and $476,111,855 for Empower-Plan, with a diverse investment portfolio spanning asset allocation, bond, large cap, small/mid cap, and international funds. The plan has 7,935 active participants with account balances for Corebridge and 7,615 for Empower, with annual transaction activities including new enrollments, loan originations, and distributions. The plan features multiple payroll frequencies, covers various employee locations, and offers managed account options through providers like Morningstar. The plan does not currently utilize 360 payroll administration and receives daily files from a common remitter.