Plan Snapshot
- Plan Sponsor: Plan Professionals, LLC
- Sponsor EIN: 853213245
- Sponsor Address: 494 SYCAMORE AVE, SHREWSBURY, NJ, 07702
- Plan Type: 401(k)
- Total Participants: 1,752
- Total Assets: $52.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,752 | $52.3M | $2.1M | $4.6M |
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 |
|---|---|---|---|---|
| ARGENT WEALTH LLC | Investment Advisor | $139,099 | — | $139,099 |
| PINNACLE FINANCIAL SERVICES, INC. | Recordkeeper | $55,320 | $223 | $55,543 |
| 3(16) FIDUCIARY SERVICES CORP | Other Service Provider | $45,823 | — | $45,823 |
| TRANSAMERICA FINANCIAL LIFE INS. CO | Recordkeeper | $36,851 | — | $36,851 |
| SERVANT SPIRIT SERVICES LLC | Other Service Provider | $34,217 | — | $34,217 |
| TEMPLETON & COMPANY, LLP | Auditor | $28,470 | — | $28,470 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ARGENT WEALTH LLC — Investment Advisor
- TRANSAMERICA FINANCIAL LIFE INS. CO — Recordkeeper
- TEMPLETON & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $340,003
- Estimated Expense Ratio: 0.651% 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 | $197,826 | — | -$49,782 | $28,470 | — |