Plan Snapshot
- Plan Sponsor: Plan Professionals, LLC
- Sponsor EIN: 853213245
- Sponsor Address: 494 SYCAMORE AVE., SHREWSBURY, NJ, 07702
- Plan Type: DC
- Total Participants: 5,120
- Total Assets: $129.1M
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 | 5,120 | $129.1M | $14.9M | $44.1M |
| 2023 | 6,543 | $566.7M | $21.1M | $61.3M |
| 2022 | 668 | $41.4M | $3.0M | $3.9M |
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 | $316,662 | — | $316,662 |
| CREATIVE PLANNING | INVESTMENT ADVISORY - PLA | $191,626 | — | $191,626 |
| PLAN PROFESSIONALS, LLC D/B/A NPPG | RECORDKEEPERS | $102,861 | — | $102,861 |
| KRAFT CPAS PLLC | AUDIT | $32,538 | — | $32,538 |
| PSK LLP | AUDIT | $13,500 | — | $13,500 |
| SERVANT SPIRIT SERVICES LLC | OTHER | $11,442 | — | $11,442 |
| 360 PAYROLL INTEGRATION | OTHER SERVICES | $8,936 | — | $8,936 |
| 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
- PSK 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: $677,565
- Estimated Expense Ratio: 0.525% 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 | $601,482 | — | $601,482 | — | — |
| 2023 | $596,901 | — | $596,901 | — | — |
| 2022 | $124,771 | $124,771 | — | — | — |