Plan Snapshot
- Plan Sponsor: Oportun, INC.
- Sponsor EIN: 203386325
- Sponsor Address: 2 CIRCLE STAR WAY, SAN CARLOS, CA, 94070
- Plan Type: 401(k)
- Total Participants: 708
- Total Assets: $83.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 708 | $83.4M | $0 | $5.3M |
| 2023 | 897 | $78.2M | $4.6M | $9.0M |
| 2022 | 1,368 | $57.0M | $5.2M | $9.5M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $93,459 | — | $93,459 |
| SAGE ADVISORY GROUP | NONE | $42,759 | — | $42,759 |
| MORNINGSTAR INC | NONE | $5,345 | — | $5,345 |
| FRANK,RIMERMAN + CO.LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- SAGE ADVISORY GROUP — NONE
- MORNINGSTAR INC — NONE
- 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: $141,563
- Estimated Expense Ratio: 0.170% 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 |
|---|---|---|---|---|---|
| 2024 | $141,514 | $56,520 | — | — | — |
| 2023 | $125,396 | $52,787 | — | — | — |
| 2022 | $65,281 | $3,082 | — | — | — |