401(k) · DOL Form 5500 · 2024

Plan Professionals, LLC 401(k) Plan

Data updated 2026-08-25

$355M
Total assets Above avg plan size
16,838
Participants Very large workforce
96th
Percentile by assets National rank
$21,081
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Open Pep · Sponsored by Plan Professionals, LLC · New Jersey · Administrative & Support Services

$355M in assets, 16,838 participants

Plan Professionals, LLC's Open Pep reported $355M in total assets and 16,838 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #4,286 in Administrative & Support Services (4,368 peers)

Coverage in New Jersey

Open Pep covers 16,838 participants in New Jersey, 20x the typical New Jersey plan (state average ~844 per filing). Assets: $355M.

#4,286
in Administrative & Support Services (4,368 peers)
+32.1%
assets growth YoY
3.6×
vs typical plan assets (national mean)

Open Pep's outsized position by total assets

Open Pep vs every filed plan by assets

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

$354,955,853 Top 4% higher than 96% 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's mega-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 is a mega filing (16,838 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Open Pep reported participants rose from 12,600 in the plan year 2023 filing to 16,838 in the plan year 2024 filing.
  • Open Pep end-of-year assets rose from $269M in the plan year 2023 filing to $355M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

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

Open Pep · $355M · 16,838 · 96th

  • ASSETS $355M
  • PCT 16,838
  • EIN 96th
  • RANK 401(k)
  • PHOTO near Evercore Partners Services East, LLC Retirement Plan
  • IND ind #4286

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 in the asset neighbourhood

Bass, Berry & Sims Retirement & Savings PlanBass, Berry & Sims Retiremen…$355MLong Island Electric Utility Servco LLC Incentive Thrift Plan ILong Island Electric Utility…$355MAccentcare 401(k) Retirement Savings PlanAccentcare 401(k) Retirement…$355MEvercore Partners Services East, LLC Retirement PlanEvercore Partners Services E…$355MOpen Pep$355M
End-of-year total assets ($M) among Open Pep and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$269M
Net Assets (End of Year)$354M
Net Income$39M
Employer EIN853213245
Plan Effective Date2022-01-01
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 vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 -200204060 Total assets ($B) Participants Open Pep, Total assets ($B): 0.354955853 · Participants: 16838Open PepJPMorgan 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 vs. nearby 401(k) plans in New Jersey, assets vs. participants

Scale composition for Open Pep

Open Pep reports $355M in end-of-year assets across 16,838 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.018% of 93,925,755 covered participants) - about $21,081 per participant (15% of the national average assets-per-participant) . Net income for plan year 2024 was $39M.

This plan identity (EIN 853213245, plan #301) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $70M to $355M (+403.9%) while covered participants moved from 813 to 16,838 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 813 $70M Open filing
2023 12,600 $269M Open filing
2024 · index core 16,838 $355M This page

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

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

Outside New Jersey, the nearest 401(k) by assets is Evercore Partners Services East, LLC Retirement Plan in NY ($355M); by covered participants it is Community Health Network 401(k) Retirement Plan in IN (16,817 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (16,838 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 assets move in 2024?
Open Pep surged - up 32.1% during 2024, from $269M to $355M. Reported net income was $39M.
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 rank by assets among Form 5500 filers?
Open Pep ranks in the 96th percentile by end-of-year assets among 123,622 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 Open Pep?
Among 401(k) plans in other states, the closest by assets is Evercore Partners Services East, LLC Retirement Plan in NY ($355M, 1,641 participants).
Which 401(k) plans cover a similar participant headcount to Open Pep?
Among 401(k) plans in other states, the closest by covered participants is Community Health Network 401(k) Retirement Plan in IN (16,817 participants, $1.6B in assets).