Plan Snapshot
- Plan Sponsor: Convergence Investment Partner
- Sponsor EIN: 263620998
- Sponsor Address: 3801 PGA BLVD STE 1001, PALM BEACH GARDENS, FL, 334102757
- Plan Type: 401(k)
- Total Participants: 5
- Total Assets: $1.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2025 | 5 | $1.2M | $0 | $102,727 |
| 2024 | 10 | $955,812 | $108 | $94,341 |
| 2023 | 10 | $712,915 | $7,362 | $84,947 |
| 2022 | 10 | $352,086 | $2,200 | $55,800 |