401(k) · DOL Form 5500 · 2022
Plan Professionals, LLC 401(k) Plan
Data updated 2026-08-11
- $70M
- Total assets
- 813
- Participants
- 91st
- Percentile by assets
- $86,652
- Avg per participant
Official DOL plan name: Open Pep · Sponsored by Plan Professionals, LLC · New Jersey · Administrative & Support Services
$70M in assets, 813 participants
Plan Professionals, LLC's Open Pep reported $70M in total assets and 813 participants in its 2022 DOL Form 5500 filing, ranking in the 91st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 91st percentile by assets (of 139,126 plans)
- #4,725 in Administrative & Support Services (4,927 peers)
Where Open Pep sits by assets
Open Pep sits in the top 10% of all filed plans by assets, $70M for 813 participants (~$86,652/participant).
- $70M
- total plan assets (2022 EOY)
- 813
- covered participants
- 91st
- percentile by assets (of 139,126 plans)
- $86,652
- avg assets per participant
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Open Pep vs the 2022 asset distribution
By assets, Open Pep outranks 91% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | N/A |
|---|---|
| Net Assets (End of Year) | $70M |
| Net Income | -$2M |
| Employer EIN | 853213245 |
| Plan Effective Date | 2022-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Plan Professionals, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 12 | 28,330 | $722M |
| 2023 | 15 | 65,533 | $2.4B |
| 2024 | 19 | 177,859 | $4.2B |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Open Pep vs. nearby 401(k) plans in New Jersey, assets vs. participants
- JPMorgan Chase 401(k) Savings Plan $36.8B · 168,280
- Verizon Savings Plan for Management Employees $25.2B · 76,788
- Johnson and Johnson Savings Plan $21.2B · 43,271
- Pfizer Savings Plan $17.8B · 27,796
- Ernst & Young Retirement Savings Plan $12.4B · 52,975
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Open Pep by total assets, not by location.
- Dunn Investment Company 401(k) Plan (AL) $70M · 1,736
- Southwest Energy Profit Sharing Plan (AZ) $70M · 225
- One Workplace L. Ferrari 401(k) Plan (CA) $70M · 1,004
- Wyrick Robbins Yates & Ponton LLP 401(k) Profit Sharing Plan (NC) $70M · 156
Frequently Asked Questions
How have Plan Professionals, LLC plan assets changed over time? ▼
Where does Open Pep rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Open Pep? ▼
Next read for Open Pep
Scale reading
Ways to act on Open Pep's numbers.
- By total assets, Open Pep ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
- Plan Professionals, LLC's sponsor-wide assets have grown 478.5% since 2022 across 3 plan years on file. More Administrative & Support Services plans