Plan Snapshot
- Plan Sponsor: Plan Professionals, LLC
- Sponsor EIN: 853213245
- Sponsor Address: 494 SYCAMORE AVE, SHREWSBURY, NJ, 07702
- Plan Type: 401(k)
- Total Participants: 13,824
- Total Assets: $650.2M
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 | 13,824 | $650.2M | $29.7M | $60.0M |
| 2023 | 12,022 | $599.7M | $31.3M | $59.5M |
| 2022 | 8,466 | $351.7M | $18.0M | $31.4M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS, | Recordkeeper | $1,004,213 | — | $1,004,213 |
| CREATIVE PLANNING | Investment Advisor | $463,064 | — | $463,064 |
| PLAN PROFESSIONALS DBA NPPG PLAN PR | Recordkeeper | $407,135 | — | $407,135 |
| SERVANT SPIRIT SERVICES LLC | Other Service Provider | $42,595 | — | $42,595 |
| MMA SECURITIES | Investment Advisor | $42,031 | — | $42,031 |
| CREATIVE PLANNING LLC | Investment Advisor | $37,485 | — | $37,485 |
| 360 PAYROLL INTEGRATION | Other Service Provider | $22,805 | — | $22,805 |
| OSAIC WEALTH, INC | Investment Advisor | $19,870 | — | $19,870 |
| RBC CAPITAL MARKETS LLC | Investment Advisor | $15,283 | — | $15,283 |
| NFP RETIREMENT INC | Investment Advisor | $14,442 | — | $14,442 |
| LPL FINANCIAL CORPORATION | Investment Advisor | $13,124 | — | $13,124 |
| WELLS FARGO ADVISORS LLC | Investment Advisor | $11,384 | — | $11,384 |
| CYNDEO WEALTH PARTNERS | Investment Advisor | $9,121 | — | $9,121 |
| STEWARD PARTNERS INVESTMENT SOLUTIO | Other Service Provider | $7,390 | — | $7,390 |
| RUBIN BROWN LLP | Auditor | $5,026 | — | $5,026 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS, — Recordkeeper
- CREATIVE PLANNING — Investment Advisor
- MMA SECURITIES — Investment Advisor
- CREATIVE PLANNING LLC — Investment Advisor
- RBC CAPITAL MARKETS LLC — Investment Advisor
- NFP RETIREMENT INC — Investment Advisor
- RUBIN BROWN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,114,968
- Estimated Expense Ratio: 0.325% 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 | $2,058,810 | — | $2,058,810 | — | — |
| 2023 | $1,770,535 | $1,770,535 | — | — | — |
| 2022 | $911,656 | — | $889,671 | — | — |