Retirement plan

PREMIER 401(K) POOLED EMPLOYER PLAN

Name: PLAN PROFESSIONALS, LLC - PREMIER 401(K) POOLED EMPLOYER PLAN (2022) Form 5500
Creator: PLAN PROFESSIONALS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PREMIER 401(K) POOLED EMPLOYER PLAN, PLAN PROFESSIONALS, LLC

PLAN PROFESSIONALS, LLCEIN 85-3213245Plan #311PY 2022

494 SYCAMORE AVE. - SHREWSBURY, NJ 07702732-758-1577

Other plans on this EIN

10 filings

#333Retirement-$351.7M assets #310Retirement-$162.1M assets #301Retirement-$70.4M assets #334Retirement-$41.4M assets #003Retirement-$38.1M assets #304Retirement-$34.5M assets #306Retirement-$12.1M assets #305Retirement-$9.9M assets #308Retirement-$181K assets #313Retirement--

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.2M

-90.2% from 2023

Total participants

-96.9% from 2023

Average account balance

$22,261

-6.5% from 2023

Annual return

0.00%

-822.90 pp from 2023

Benchmarks

See 4,927 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants25-99

Cohort4,927 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$16.62M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$23K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

712

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

11.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$654

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+25.76%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$247

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2W

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$3K

$43 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.252%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,261

$45,880-51.5%

$77,113-71.1%

$68,494-67.5%

Participation rate

75.0%

55.9%+19.1pp

67.9%+7.1pp

Annual return

0.00%

1.73%-1.7pp

42.37%-42.4pp

-7.86%+7.9pp

Employer contribution / active EE

$568

$1,650-65.6%

$2,815-79.8%

$2,597-78.1%

Participant deferral / active EE

$1,415

$2,963-52.3%

$4,430-68.1%

$4,028-64.9%

Admin fee / account holder

$56

$3,042-98.2%

$5,445-99.0%

$5,403-99.0%

PREMIER 401(K) POOLED EMPLOYER PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PREMIER 401(K) POOLED EMPLOYER PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion