Successwise Pooled Employer Plan — Form 5500 plan (Plan Professionals, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Successwise Pooled Employer Plan is a benefit plan reported by Plan Professionals, LLC under EIN 85-3213245 and plan number 314. The latest loaded filing year is 2023. The filing reports 10,141 participants and $475,113,446 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Plan Professionals, LLC
EIN
85-3213245
Plan number
314
Plan type
3
Location
Shrewsbury, NJ
Latest filing year
2023
Participants
10,141
End-of-year plan assets
$475,113,446

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202310,141H, C20250501224033NAL0005674272001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$475,113,446
Total liabilities (EOY)
$399,796
Net assets (EOY)
$474,713,650
Net assets (BOY)
$0

Income & contributions

Employer contributions
$16,966,321
Participant contributions
$37,346,216
Total contributions
$98,806,858
Total income / additions
$146,364,992

Expenses & distributions

Benefits paid
$43,503,908
Administrative expenses
$1,442,742
Total expenses
$45,662,047
Net increase / (decrease)
$100,702,945

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$1,131,736$02023
Creative Planning, Inc.CONSULTANT$194,750$5,3412023
Nppg Plan ProfessionalsCONTRACT ADMINISTRATOR$83,771$36,0602023
Pension Profit SharingCONTRACT ADMINISTRATOR$45,076not reported in the loaded dataset2023
Nppg Plan Professionals LLCCONTRACT ADMINISTRATOR$22,327not reported in the loaded dataset2023
Creative Planning, LLCINV ADV, PARTICIPANTS$0$02023

Related Form 5500 pages