401(k) · DOL Form 5500 · 2024

Plan Professionals LLC 401(k) Plan

Data updated 2026-08-25

$145M
Total assets Near avg plan size
2,930
Participants Above avg headcount
93rd
Percentile by assets National rank
$49,420
Avg per participant Low balance/head
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Official DOL plan name: Open Pep 2 · Sponsored by Plan Professionals LLC · New Jersey · Administrative & Support Services

$145M in assets, 2,930 participants

Plan Professionals LLC's Open Pep 2 reported $145M in total assets and 2,930 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #4,206 in Administrative & Support Services (4,368 peers)

Coverage in New Jersey

Open Pep 2 covers 2,930 participants in New Jersey, 3.5x the typical New Jersey plan (state average ~844 per filing). Assets: $145M.

#4,206
in Administrative & Support Services (4,368 peers)
+81.9%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Open Pep 2's outsized position by total assets

Open Pep 2 vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$144,799,461 Top 7% higher than 93% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Open Pep 2's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Open Pep 2 lands in the large band (2,930 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Open Pep 2 reported participants rose from 16 in the plan year 2023 filing to 2,930 in the plan year 2024 filing.
  • Open Pep 2 reported net income rose from $4M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Open Pep 2 end-of-year assets rose from $80M in the plan year 2023 filing to $145M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 853213245 · Plan Professionals LLC PY 2024 · 401(k)

Open Pep 2 · $145M · 2,930 · 93rd

  • PCT $145M
  • PCT 2,930
  • PCT 93rd
  • PCT 401(k)
  • PCT near Nibco Inc. Profit Sharing & 401(k) Savings Plan
  • PCT ind #4206

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Administrative & Support Services retirement plans → · Plans in New Jersey →

Open Pep 2 in the asset neighbourhood

Cambria Holdings 401(k) Profit Sharing PlanCambria Holdings 401(k) Prof…$145MIpr Pharmaceuticals, Inc. Profit Sharing, Retirement and Savings PlanIpr Pharmaceuticals, Inc. Pr…$145MOpen Pep 2$145MNibco Inc. Profit Sharing & 401(k) Savings PlanNibco Inc. Profit Sharing & …$145MConsulting Radiologists, Ltd. 401(k) Profit Sharing PlanConsulting Radiologists, Ltd…$145M
End-of-year total assets ($M) among Open Pep 2 and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$80M
Net Assets (End of Year)$145M
Net Income$19M
Employer EIN853213245
Plan Effective Date2023-06-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Plan Professionals LLC)

Sponsor-wide plan assets over time

All Plan Professionals LLC plans reported in each filing year

Latest sponsor-wide plan assets
$4.2B 478.47575364915957% vs 2022
2024 filing year
$0B$2B$4B$6B 202220232024 $0.72B $4.17B ▲ +479.2%
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 2 vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Open Pep 2, Total assets ($B): 0.144799461 · Participants: 2930Open Pep 2JPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Open Pep 2 vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Open Pep 2 side-by-side with 3 peers →

Open Pep 2's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Nibco Inc. Profit Sharing & 401(k) Savings Plan in IN ($145M); by covered participants it is Avalonbay Communities, Inc. Associates Savings Plan in VA (2,931 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,930 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Open Pep 2 assets move in 2024? ▼
Open Pep 2 surged - up 81.9% during 2024, from $80M to $145M. Reported net income was $19M.
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 Open Pep 2 rank by assets among Form 5500 filers? ▼
Open Pep 2 ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Open Pep 2? ▼
Among 401(k) plans in other states, the closest by assets is Nibco Inc. Profit Sharing & 401(k) Savings Plan in IN ($145M, 877 participants).
Which 401(k) plans cover a similar participant headcount to Open Pep 2? ▼
Among 401(k) plans in other states, the closest by covered participants is Avalonbay Communities, Inc. Associates Savings Plan in VA (2,931 participants, $385M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 853213245.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.