2023 Form 5500 filing — Open Pep
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20250501092226NAL0003005217001) for Open Pep, reported by Plan Professionals, LLC under EIN 85-3213245 and plan number 301. It reports 13,233 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250501092226NAL0003005217001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Plan Professionals, LLC
- EIN
- 85-3213245
- Plan number
- 301
- Location
- Shrewsbury, NJ
- Participants
- 13,233
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $268,704,607
- Total liabilities (EOY)
- $305,554
- Net assets (EOY)
- $268,399,053
- Employer contributions
- $6,735,560
- Participant contributions
- $14,889,494
- Total income / additions
- $55,246,389
- Benefits paid
- $14,880,866
- Administrative expenses
- $1,146,921
- Total expenses
- $16,506,080
- Net increase / (decrease)
- $38,740,309
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lincoln National Corporation | SERVICE PROVIDER | $816,995 | $0 |
| Nppg Plan Professionals | SERVICE PROVIDER | $223,282 | not reported in the loaded dataset |
| Stadion Money Management | SERVICE PROVIDER | $16,427 | not reported in the loaded dataset |
| Cetera Financial Specialists | SERVICE PROVIDER | $13,917 | not reported in the loaded dataset |
| True North Financial | SERVICE PROVIDER | $13,674 | not reported in the loaded dataset |
| Gallagher Fiducuiary Advisors | SERVICE PROVIDER | $11,847 | not reported in the loaded dataset |
| Pensionmark Financial Group | SERVICE PROVIDER | $11,732 | not reported in the loaded dataset |
| Am Portfolios Fin. Serv Inc | SERVICE PROVIDER | $9,553 | not reported in the loaded dataset |
| Commonwealth Financial Network | SERVICE PROVIDER | $8,985 | not reported in the loaded dataset |
| Nppg Investment Services LLC | SERVICE PROVIDER | $7,262 | not reported in the loaded dataset |
| Wells Fargo Advisors | SERVICE PROVIDER | $7,154 | not reported in the loaded dataset |
| Equitable Advisors LLC | SERVICE PROVIDER | $6,686 | not reported in the loaded dataset |
| Vance Gray Wealth Management Inc | SERVICE PROVIDER | $6,264 | not reported in the loaded dataset |
| Hallowell Assurance LLC | SERVICE PROVIDER | $6,000 | not reported in the loaded dataset |
| Element Wealth LLC | SERVICE PROVIDER | $5,027 | not reported in the loaded dataset |
| Azalea Administration | SERVICE PROVIDER | $2,880 | not reported in the loaded dataset |
| Pfg Advisors | SERVICE PROVIDER | $695 | not reported in the loaded dataset |
| Lpl Financial LLC | SERVICE PROVIDER | $630 | not reported in the loaded dataset |
| Lpl | SERVICE PROVIDER | $84 | not reported in the loaded dataset |
| Nppg Plan Professionals | SERVICE PROVIDER | $18 | not reported in the loaded dataset |