401(k) · DOL Form 5500 · 2024
Plan Professionals LLC 401(k) Plan
Data updated 2026-08-11
- $145M
- Total assets
- 2,930
- Participants
- 93rd
- Percentile by assets
- $49,420
- Avg per participant
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.
- 93rd percentile by assets (of 123,622 plans)
- #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.
- $145M
- total plan assets (2024 EOY)
- 2,930
- covered participants
- 93rd
- percentile by assets (of 123,622 plans)
- $49,420
- avg assets per participant
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.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Open Pep 2 reports 2,930 participants - 3.5x that state average ($145M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $80M |
|---|---|
| Net Assets (End of Year) | $145M |
| Net Income | $19M |
| Employer EIN | 853213245 |
| Plan Effective Date | 2023-06-15 |
| 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 2 vs. nearby 401(k) plans in New Jersey, assets vs. participants
- JPMorgan Chase 401(k) Savings Plan $52.9B · 185,532
- Verizon Savings Plan for Management Employees $29.4B · 69,218
- Johnson and Johnson Savings Plan $23.6B · 42,583
- Ernst & Young Retirement Savings Plan $18.3B · 56,714
- Merck US Savings Plan $15.0B · 27,956
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Open Pep 2 by total assets, not by location.
Frequently Asked Questions
How did Open Pep 2 assets move in 2024? ▼
How have Plan Professionals LLC plan assets changed over time? ▼
Where does Open Pep 2 rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Open Pep 2? ▼
Next read for Open Pep 2
Filing takeaways
Ways to act on Open Pep 2's numbers.
- By total assets, Open Pep 2 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