Plan Snapshot
- Plan Sponsor: Generate Capital, Pbc
- Sponsor EIN: 471343093
- Sponsor Address: 560 DAVIS STREET, SUITE 250, SAN FRANCISCO, CA, 94111
- Plan Type: 401(k)
- Total Participants: 250
- Total Assets: $25.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 250 | $25.4M | $1.9M | $4.3M |
| 2023 | 213 | $17.2M | $1.6M | $3.6M |
| 2022 | 175 | $9.5M | $1.3M | $2.6M |
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 |
|---|---|---|---|---|
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 |
|---|---|---|---|---|---|
| 2024 | $82,095 | $57,126 | — | — | — |
| 2023 | $58,043 | $45,348 | — | — | — |
| 2022 | $34,559 | $27,523 | — | — | $7,036 |