Open Pep 2 — 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, Open Pep 2 is a benefit plan reported by Plan Professionals LLC under EIN 85-3213245 and plan number 320. The latest loaded filing year is 2023. The filing reports 16 participants and $79,623,133 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
- 320
- Plan type
- 3
- Location
- Shrewsbury, NJ
- Latest filing year
- 2023
- Participants
- 16
- End-of-year plan assets
- $79,623,133
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 16 | H, C | 20250303154528NAL0008943376001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $79,623,133
- Total liabilities (EOY)
- $24,513
- Net assets (EOY)
- $79,598,620
- Net assets (BOY)
- $0
Income & contributions
- Employer contributions
- $485,745
- Participant contributions
- $876,695
- Total contributions
- $1,393,300
- Total income / additions
- $4,882,588
Expenses & distributions
- Benefits paid
- $1,019,592
- Administrative expenses
- $30,946
- Total expenses
- $1,196,867
- Net increase / (decrease)
- $3,685,721
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lincoln National Corporation | SERVICE PROVIDER | $25,087 | $0 | 2023 |
| Nppg Plan Professionals | TPA | $4,152 | not reported in the loaded dataset | 2023 |