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 |
|---|---|---|---|---|
| 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 | $2,058,810 | — | $2,058,810 | — | — |
| 2023 | $1,770,535 | $1,770,535 | — | — | — |
| 2022 | $911,656 | — | $889,671 | — | — |