401(k) · DOL Form 5500 · 2024

Plan Professionals, LLC 401(k) Plan

Data updated 2026-07-24

$650M
Total assets
13,177
Participants
98th
Percentile by assets
$49,342
Avg per participant
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Official DOL plan name: BUILDWISE · Sponsored by Plan Professionals, LLC · New Jersey · Administrative & Support Services

$650M in assets, 13,177 participants

Plan Professionals, LLC's BUILDWISE reported $650M in total assets and 13,177 participants in its 2024 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 116,472 plans)

Coverage in New Jersey

BUILDWISE covers 13,177 participants in New Jersey, 15x the typical New Jersey plan (state average ~865 per filing). Assets: $650M.

$650M
total plan assets (2024 EOY)
13,177
covered participants
98th
percentile by assets (of 116,472 plans)
$49,342
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • BUILDWISE reported net income fell from $139M in the plan year 2023 filing to $101M in the plan year 2024 filing.
  • BUILDWISE reported participants rose from 11,079 in the plan year 2023 filing to 13,177 in the plan year 2024 filing.
  • BUILDWISE end-of-year assets rose from $600M in the plan year 2023 filing to $650M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs New Jersey filers

In New Jersey, the average filing covers about 865 participants across 3,927 plans. BUILDWISE reports 13,177 participants - 15x that state average ($650M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$600M
Net Assets (End of Year)$650M
Net Income$101M
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 -200204060 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

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 2024?
BUILDWISE grew at a solid clip - up 8.4% during 2024, from $600M to $650M. Reported net income was $101M.
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 116,472 plans that reported assets for plan year 2024 (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 Griffon Corporation Retirement Plan in NY ($650M, 3,907 participants).

Filing takeaways

Ways to act on BUILDWISE's numbers.

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.

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