Plan Snapshot
- Plan Sponsor: Plan Professionals, LLC
- Sponsor EIN: 853213245
- Sponsor Address: 494 SYCAMORE AVE., SHREWSBURY, NJ, 07702
- Plan Type: 401(k)
- Total Participants: 69,288
- Total Assets: $1.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 69,288 | $1.5B | $51.7M | $122.3M |
| 2023 | 13,917 | $475.1M | $17.0M | $37.3M |
| 2022 | 0 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|
| PRINICIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $4,255,022 | — | $4,255,022 |
| NPPG PLAN PROFESSIONALS | CONTRACT ADMINISTRATOR | $407,865 | $333,296 | $741,161 |
| CREATIVE PLANNING, LLC | PLAN ADMINISTATOR | $685,626 | $9,393 | $695,019 |
| NPPG PLAN PROFESSIONALS | CONTRACT ADMINISTRATOR | $53,187 | $519 | $53,706 |
| JONES & ROTH | ACCOUNTANT | $33,916 | — | $33,916 |
| TEMPLETON & COMPANY | Auditor | $27,864 | — | $27,864 |
| CREATIVE PLANNING, LLC | INV ADV, PARTICIPANTS | $19,499 | $22 | $19,521 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING, LLC — PLAN ADMINISTATOR
- JONES & ROTH — ACCOUNTANT
- TEMPLETON & COMPANY — Auditor
- CREATIVE PLANNING, LLC — INV ADV, PARTICIPANTS
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,826,209
- Estimated Expense Ratio: 0.396% of plan assets
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 | $5,275,352 | $127,340 | $3,831,697 | $27,864 | — |
| 2023 | $1,442,742 | $1,442,742 | — | — | — |
| 2022 | — | — | — | — | — |