Plan Snapshot
- Plan Sponsor: Procore Technologies, INC.
- Sponsor EIN: 731636261
- Sponsor Address: 6309 CARPINTERIA AVENUE, CARPINTERIA, CA, 93013
- Plan Type: 401(k)
- Total Participants: 3,256
- Total Assets: $345.2M
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 | 3,256 | $345.2M | $13.3M | $41.9M |
| 2023 | 3,164 | $259.0M | $17.4M | $38.3M |
| 2022 | 3,151 | $164.1M | $13.7M | $29.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $80,366 | — | $80,366 |
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,366
- Estimated Expense Ratio: 0.023% 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 | $198,283 | — | $2,100 | — | — |
| 2023 | $196,535 | $112,142 | — | — | — |
| 2022 | $201,550 | — | — | — | — |