Plan Snapshot
- Plan Sponsor: Figure Technologies, INC.
- Sponsor EIN: 823999124
- Sponsor Address: 650 CALIFORNIA ST, SAN FRANCISCO, CA, 94108
- Plan Type: 401(k)
- Total Participants: 439
- Total Assets: $19.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2023 | 439 | $19.6M | $0 | $4.8M |
| 2022 | 521 | $13.2M | $0 | $4.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRECEPT ADVISORY GROUP | ADVISOR | $43,844 | — | $43,844 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $40,740 | — | $40,740 |
| FRANK, RIMERMAN & CO., LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- FRANK, RIMERMAN & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,584
- Estimated Expense Ratio: 0.432% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2023 | $46,195 | $25,825 | — | — | — |
| 2022 | $35,306 | $1,411 | — | — | — |