Plan Snapshot
- Plan Sponsor: Plan Professionals, LLC
- Sponsor EIN: 853213245
- Sponsor Address: 494 SYCAMORE AVE., SHREWSBURY, NJ, 07702
- Plan Type: DC
- Total Participants: 5,269
- Total Assets: $16.6M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 5,269 | $16.6M | $975,572 | $2.5M |
| 2023 | 2,144 | $11.8M | $485,042 | $1.2M |
| 2022 | 68 | $1.2M | $38,597 | $96,200 |
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 RETIREMT SOLUTIONS, LL | RECORDKEEPER | $77,144 | — | $77,144 |
| PLAN PROFESSIONALS, LLC D/B/A NPPG | RECORDKEEPER | $76,390 | — | $76,390 |
| NPPG PLAN PROFESSIONALS | INVESTMENT ADVISORY - PLA | $13,879 | — | $13,879 |
| ONEDIGITAL INVESTMENT ADVISORS | INVESTMENT ADVISORY -PLAN | $6,990 | — | $6,990 |
| TEMPLETON & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMT SOLUTIONS, LL — RECORDKEEPER
- ONEDIGITAL INVESTMENT ADVISORS — INVESTMENT ADVISORY -PLAN
- TEMPLETON & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $174,403
- Estimated Expense Ratio: 1.049% 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 | $175,728 | $175,728 | — | — | — |
| 2023 | $663,492 | — | $71,982 | — | — |
| 2022 | $2,912 | — | $2,912 | — | — |