SUCCESSWISE POOLED EMPLOYER PLAN · SHREWSBURY, NJ · plan year 2024
Reported admin expense ratio · 2024
0.54%
Peer grade: D· admin costs + employer contributions vs same-size plans · how grading works
Plan Professionals, LLC reported $5,275,352 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~90% of peers. Employer contributions averaged $746 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 1 year on file its reported administrative ratio rose from 0.30% to 0.54%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other administrative & support services employers. By assets it is the 48th-largest of 2,419 plans among New Jersey employers on file, and the 12th of 2,534 in administrative & support services. In 2024, employees put in $2.37 for every $1.00 the employer contributed.
Plan Professionals, LLC's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
What these fees cost you
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Service providers · 20246
PRINICIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$4,255,022
CREATIVE PLANNING, LLC · Contract administrator · Plan administrator$685,626
NPPG PLAN PROFESSIONALS · Contract administrator · Plan administrator$407,865
NPPG PLAN PROFESSIONALS · Contract administrator · Plan administrator$53,187
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Recordkeeper by year2
2024NPPG PLAN PROFESSIONALS, NPPG PLAN PROFESSIONALS LLC, PINNACLE FINANCIAL SERVICES, INC., PLAN PROFESSIONALS D/B/A NPPG PLAN, PLAN PROFESSIONALS DBA NPPG PLAN PR, PLAN PROFESSIONALS, LLC D/B/A NPPG, Transamerica
2023NPPG PLAN PROFESSIONALS, PLAN PROFESSIONALS, LLC D/B/A NPPG, Transamerica
This plan has changed recordkeepers within these filings. If you left Plan Professionals, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
Source: U.S. Department of Labor, Form 5500 series, EIN 853213245 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.