Plan Snapshot
- Plan Sponsor: Pride Capital Partners, LLC
- Sponsor EIN: 542131570
- Sponsor Address: 420 LEXINGTON AVENUE, NEW YORK, NY, 10170
- Plan Type: 401(k)
- Total Participants: 4,743
- Total Assets: $40.9M
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 | 4,743 | $40.9M | $916,744 | $8.7M |
| 2023 | 3,564 | $32.7M | $943,007 | $9.3M |
| 2022 | 3,464 | $28.1M | $619,533 | $9.8M |
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 |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE CO | RECORDKEEPER | $134,626 | — | $134,626 |
| APEXIUM FINANCIAL LP | INVESTMENT ADVISOR | $91,224 | — | $91,224 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $31,935 | — | $31,935 |
| GALLEROS ROBINSON CPAS, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $257,785
- Estimated Expense Ratio: 0.630% 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 | $257,785 | $123,159 | — | — | — |
| 2023 | $219,688 | $87,890 | — | — | — |
| 2022 | $229,217 | $48,756 | $180,461 | — | — |