Plan Snapshot
- Plan Sponsor: Plan Professionals, LLC
- Sponsor EIN: 853213245
- Sponsor Address: 494 SYCAMORE AVE., SHREWSBURY, NJ, 07702
- Plan Type: 401(k)
- Total Participants: 898
- Total Assets: $39.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 898 | $39.9M | $1.7M | $2.5M |
| 2023 | 93 | $14.6M | $473,083 | $583,114 |
| 2022 | 92 | $12.1M | $237,755 | $430,087 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| TEMPLETON & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TEMPLETON & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $145,772 | — | $145,772 | — | — |
| 2023 | $63,315 | — | — | — | — |
| 2022 | $564,953 | — | $32,600 | — | — |