Plan Snapshot
- Plan Sponsor: Presencelearning, INC.
- Sponsor EIN: 274478654
- Sponsor Address: 530 7TH AVENUE, NEW YORK, NY, 10018
- Plan Type: 401(k)
- Total Participants: 169
- Total Assets: $9.6M
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. |
|---|---|---|---|---|
| 2024 | 169 | $9.6M | $288,555 | $1.5M |
| 2023 | 186 | $7.7M | $381,096 | $1.3M |
| 2022 | 199 | $5.4M | $355,650 | $1.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $8,795 | — | $8,795 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $7,707 | — | $7,707 |
| 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
- STRATEGIC ADVISORS, INC. — ADVISOR
- 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: $16,502
- Estimated Expense Ratio: 0.171% 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 | $16,502 | $7,707 | — | — | — |
| 2023 | $8,714 | $5,967 | — | — | — |
| 2022 | $8,467 | $4,268 | — | — | — |