401(k) · DOL Form 5500 · 2023

Plan Professionals, LLC 401(k) Plan

Data updated 2026-08-11

$600M
Total assets
11,079
Participants
98th
Percentile by assets
$54,129
Avg per participant
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Official DOL plan name: BUILDWISE · Sponsored by Plan Professionals, LLC · New Jersey · Administrative & Support Services

$600M in assets, 11,079 participants

Plan Professionals, LLC's BUILDWISE reported $600M in total assets and 11,079 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #4,337 in Administrative & Support Services (4,372 peers)

Coverage in New Jersey

BUILDWISE covers 11,079 participants in New Jersey, 13x the typical New Jersey plan (state average ~844 per filing). Assets: $600M.

$600M
total plan assets (2023 EOY)
11,079
covered participants
98th
percentile by assets (of 127,072 plans)
$54,129
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • BUILDWISE reported net income rose from -$1M in the plan year 2022 filing to $139M in the plan year 2023 filing.
  • BUILDWISE reported participants rose from 6,435 in the plan year 2022 filing to 11,079 in the plan year 2023 filing.
  • BUILDWISE end-of-year assets rose from $352M in the plan year 2022 filing to $600M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. BUILDWISE reports 11,079 participants - 13x that state average ($600M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$352M
Net Assets (End of Year)$600M
Net Income$139M
Employer EIN853213245
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Plan Professionals, LLC)

$0B$2B$4B$6B 202220232024 $0.72B $4.17B ▲ +479.2%
Total plan assets by year, all Plan Professionals, LLC plans on file
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.

BUILDWISE vs. nearby 401(k) plans in New Jersey, assets vs. participants

BUILDWISE vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 -1001020304050 Total assets ($B) Participants BUILDWISEJPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
BUILDWISE vs. nearby 401(k) plans in New Jersey, assets vs. participants

Scale composition for BUILDWISE

BUILDWISE reports $600M in end-of-year assets across 11,079 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $54,129 per participant (39% of the national average assets-per-participant) . Net income for plan year 2023 was $139M.

This plan identity (EIN 853213245, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $352M to $650M (+84.9%) while covered participants moved from 6,435 to 13,177 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,435 $352M Open filing
2023 11,079 $600M This page
2024 · index core 13,177 $650M Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to BUILDWISE by total assets, not by location.

Frequently Asked Questions

How did BUILDWISE assets move in 2023?
BUILDWISE surged - up 70.5% during 2023, from $352M to $600M. Reported net income was $139M.
How have Plan Professionals, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Plan Professionals, LLC's sponsor-wide assets grew 478.5%, from $722M to $4.2B.
Where does BUILDWISE rank by assets among Form 5500 filers?
BUILDWISE ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to BUILDWISE?
Among 401(k) plans in other states, the closest by assets is Havas North America 401(k) Retirement Plan in NY ($600M, 3,820 participants).

Filing takeaways

Ways to act on BUILDWISE's numbers.