How big is Benefit Providers, LLC's plan?

Benefit Providers, LLC's plan reported $7.4M in assets and 528 participants for 2024.

Original filing (PDF)20250701085026NAL0006923427001

Benefit Providers, LLC

Name: Benefit Providers, LLC — Benefit Providers, LLC, Form 5500 (2024)
Creator: Benefit Providers, LLC
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Benefit Providers, LLC Multiple Employer Retirement Plan Master Plan

401(k) retirement plan · Benefit Providers, LLC's Benefit Providers, LLC Multiple Employer Retirement Plan Master Plan held $7.4M in plan assets for 528 participants in 2024, with John Hancock as recordkeeper.

Signals · 3

No auditor on file37% in single holdingCorrective distributions issued

Active participants

528

Accounts w/ balance

191

Plan assets (EOY)

$7.4M

Net assets (EOY)

$7.4M

People on this filing

Joel Bernstein signed Benefit Providers, LLC's 2024 Form 5500 as plan administrator.

Joel Bernstein — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Benefit Providers, LLC's EIN is 52-2010356.

EIN 52-2010356

Plan number 333

Plan year 2024

ACK ID 20250701085026NAL0006923427001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Benefit Providers, LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Benefit Providers, LLC's plan includes profit-sharing, a 401(k) feature, ERISA 404(c) participant direction, a default investment (QDIA), automatic enrollment.

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for BENEFIT PROVIDERS, LLC.

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How this plan invests

This plan

1 pooled trust

Schedule D

49 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

No independent qualified public accountant (IQPA) named.
Corrective distributions issued (likely failed ADP/ACP testing).
Total administrative cost in the bottom quartile of peers (17th percentile).
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (7th percentile).

Plan sponsor

Name

BENEFIT PROVIDERS, LLC

EIN

all filings

Address

205 S WHITING STREET · SUITE 311 · ALEXANDRIA, VA · 22304

Phone

(703) 370-2226

Industry

Admin Support & Waste Mgmt

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

333

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-07-01

Pension benefit codes

2E · Profit-sharing

2J · 401(k) feature

2K · 401(m) arrangement

2F · ERISA section 404(c)

2G · Total participant-directed accounts

3D · Pre-approved plan (master / prototype / VS)

2T · Default investment account (QDIA)

2S · Automatic enrollment

Service providers (Schedule C)

1 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
JOHN HANCOCK LIFE INSURANCE COMPANY	01-0233346	BUFFALO, NY	RECORDKEEPER	$0	—

Investments

49 direct securities · 1 pooled fund· $14.4M(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.

Pooled Separate Account

$7.4M

1 holding

Other securities

$4.8M

26 holdings

Mutual Funds

$955K

16 holdings

Cash / Money Market

$782K

1 holding

Common Collective Trusts

$582K

6 holdings

					% of plan
JOHN HANCOCK LIFE INSURANCE COMPANY BENEFIT PROVIDERS, LLC · EIN 01-0233346 / PN 333	Pooled Separate Account	—	—	$7.4M	99.9%
John Hancock JHF II Multimanager Balanced Lifestyle Portfolio Mutual Fund	Other securities	—	—	$2.6M	35.4%
John Hancock JHVIT- Money Market Trust Mutual Fund	Cash / Money Market	—	—	$782K	10.6%
John Hancock JHVIT - 500 Index Trust Mutual Fund	Common Collective Trusts	—	—	$307K	4.2%
John Hancock JHF II Multimanager Growth Lifestyle Portfolio Mutual Fund	Other securities	—	—	$278K	3.8%
Jennison John Hancock Funds II - Capital Appreciation Fund Mutual Fund	Other securities	—	—	$205K	2.8%
John Hancock JHF II Multimanager Aggressive Lifestyle Portfolio Mutual Fund	Other securities	—	—	$195K	2.7%
John Hancock JHVIT - Financial Industries Trust Mutual Fund 927 Fidelity Contrafund Mutual Fund	Mutual Funds	—	—	$189K	2.6%
T. Rowe Price John Hancock Funds II - Blue Chip Growth Fund Mutual Fund	Other securities	—	—	$184K	2.5%
American Funds American Funds EuroPacific Growth Fund Mutual Fund	Mutual Funds	—	—	$160K	2.2%
John Hancock JHVIT - Fundamental All Cap Core Trust Mutual Fund	Other securities	—	—	$138K	1.9%
Vanguard Energy Fund Mutual Fund	Mutual Funds	—	—	$121K	1.6%
T. Rowe Price T. Rowe Price Science & Technology Fund Mutual Fund	Other securities	—	—	$120K	1.6%
J.P. Morgan JPMorgan U.S. Equity Mutual Fund	Other securities	—	—	$119K	1.6%
MFS Utilities Fund Mutual Fund	Mutual Funds	—	—	$111K	1.5%
American Century American Century Heritage Fund Mutual Fund	Other securities	—	—	$110K	1.5%
John Hancock JHVIT - Mid Cap Index Trust Mutual Fund	Common Collective Trusts	—	—	$101K	1.4%
T. Rowe Price JHVIT - Science & Technology Trust Mutual Fund	Other securities	—	—	$96K	1.3%
J.P. Morgan JPMorgan Mid Cap Value Fund Mutual Fund	Other securities	—	—	$89K	1.2%
Vanguard Short-Term Federal Fund Mutual Fund	Mutual Funds	—	—	$87K	1.2%
John Hancock JHVIT - Total Stock Market Index Trust Mutual Fund	Common Collective Trusts	—	—	$86K	1.2%
T. Rowe Price T. Rowe Price Small-Cap Value Fund Mutual Fund	Other securities	—	—	$80K	1.1%
John Hancock JHVIT - Fundamental Large Cap Value Trust Mutual Fund	Other securities	—	—	$77K	1.0%
John Hancock JHF II Multimanager Moderate Lifestyle Portfolio Mutual Fund	Other securities	—	—	$76K	1.0%
T. Rowe Price T. Rowe Price Health Sciences Fund Mutual Fund	Other securities	—	—	$68K	0.9%
Invesco Global Fund Mutual Fund	Mutual Funds	—	—	$66K	0.9%
Invesco Small Cap Growth Fund Mutual Fund	Mutual Funds	—	—	$59K	0.8%
Royce Small-Cap Opportunity Fund Mutual Fund	Other securities	—	—	$55K	0.8%
Wellington JHVIT - Small Cap Value Trust Mutual Fund	Other securities	—	—	$51K	0.7%
Wellington John Hancock Funds II -Real Estate Securities Fund Mutual Fund	Other securities	—	—	$45K	0.6%
WAMCO John Hancock Funds II - High Yield Fund Mutual Fund	Other securities	—	—	$41K	0.6%
John Hancock JHF II Multimanager Conservative Lifestyle Port Mutual Fund	Other securities	—	—	$39K	0.5%
Invesco Developing Markets Fund Mutual Fund	Mutual Funds	—	—	$38K	0.5%
Robeco JHF III - John Hancock Disciplined Value Fund Mutual Fund	Other securities	—	—	$38K	0.5%
John Hancock JHVIT - Small Cap Index Trust Mutual Fund	Common Collective Trusts	—	—	$37K	0.5%
SSgA JHVIT - International Equity Index Trust Mutual Fund	Common Collective Trusts	—	—	$37K	0.5%
Franklin Templeton World Mutual Fund	Mutual Funds	—	—	$35K	0.5%
American Funds American Funds The Investment Company of America Mutual Fund	Mutual Funds	—	—	$33K	0.5%
American Funds American Funds The Growth Fund of America Mutual Fund	Mutual Funds	—	—	$26K	0.4%
T. Rowe Price T. Rowe Price Spectrum Income Fund Mutual Fund	Other securities	—	—	$20K	0.3%
Robeco JHF III JH Disciplined Value Intl Fund Mutual Fund	Other securities	—	—	$17K	0.2%
Vanguard Small Cap Growth Index Fund Mutual Fund	Common Collective Trusts	—	—	$14K	0.2%
Franklin Templeton Franklin Small-Mid Cap Growth Mutual Fund	Mutual Funds	—	—	$10K	0.1%
American Funds American Funds American Balanced Fund Mutual Fund	Mutual Funds	—	—	$8K	0.1%
PIMCO Real Return Fund Mutual Fund	Mutual Funds	—	—	$6K	<0.1%
Legg Mason Clearbridge Aggressive Growth Mutual Fund	Other securities	—	—	$3K	<0.1%
Franklin Templeton Franklin Mutual Global Discovery Fund Mutual Fund	Mutual Funds	—	—	$3K	<0.1%
T. Rowe Price T. Rowe Price Equity-Income Fund Mutual Fund	Other securities	—	—	$3K	<0.1%
DFA US Small Cap Fund Mutual Fund	Mutual Funds	—	—	$2K	<0.1%
John Hancock 10-Year Guaranteed Interest Account Mutual Fund 348 John Hancock 5-Year Guaranteed Interest Account Mutual Fund	Other securities	—	—	$1K	<0.1%