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 ADVISORY - PLA | $463,064 | — | $463,064 |
| PLAN PROFESSIONALS DBA NPPG PLAN PR | RECORDKEEPER | $407,135 | — | $407,135 |
| SERVANT SPIRIT SERVICES LLC | OTHER | $42,595 | — | $42,595 |
| MMA SECURITIES | INVESTMENT ADVISORY- PLAN | $42,031 | — | $42,031 |
| CREATIVE PLANNING LLC | INVESTMENT ADVISORY - PLA | $37,485 | — | $37,485 |
| 360 PAYROLL INTEGRATION | OTHER SERVICES | $22,805 | — | $22,805 |
| OSAIC WEALTH, INC | INVESTMENT ADVISORY - PLA | $19,870 | — | $19,870 |
| RBC CAPITAL MARKETS LLC | INVESTMENT ADVISORY - PLA | $15,283 | — | $15,283 |
| NFP RETIREMENT INC | INVESTMET ADVISORY - PLAN | $14,442 | — | $14,442 |
| LPL FINANCIAL CORPORATION | INV. ADVISORY - PLAN | $13,124 | — | $13,124 |
| WELLS FARGO ADVISORS LLC | INVESTMENT ADVISORY - PLA | $11,384 | — | $11,384 |
| CYNDEO WEALTH PARTNERS | INVESTMENT ADVISORY-PLAN | $9,121 | — | $9,121 |
| STEWARD PARTNERS INVESTMENT SOLUTIO | CONSULTING | $7,390 | — | $7,390 |
| RUBIN BROWN LLP | AUDIT | $5,026 | — | $5,026 |
| TEMPLETON & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS, — RECORDKEEPER
- CREATIVE PLANNING — INVESTMENT ADVISORY - PLA
- MMA SECURITIES — INVESTMENT ADVISORY- PLAN
- CREATIVE PLANNING LLC — INVESTMENT ADVISORY - PLA
- RBC CAPITAL MARKETS LLC — INVESTMENT ADVISORY - PLA
- NFP RETIREMENT INC — INVESTMET ADVISORY - PLAN
- RUBIN BROWN LLP — AUDIT
- TEMPLETON & COMPANY — 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 | — | — |