Plan Snapshot
- Plan Sponsor: Proloan Bond Fund, LLC
- Sponsor EIN: 263436991
- Sponsor Address: 1509A BELLEVILLE STREET, RICHMOND, VA, 23230
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $1.6B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 0 | $1.6B | $0 | $0 |
| 2024 | 0 | $1.3B | $0 | $0 |
| 2023 | 0 | $1.2B | $0 | $0 |
| 2022 | 0 | $790.1M | $0 | $0 |
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 |
|---|---|---|---|---|
| RICHMOND CAPITAL MANAGEMENT, INC. | Other Service Provider | $4,240,657 | — | $4,240,657 |
| U.S. BANK GLOBAL FUND SERVICES | Other Service Provider | $479,963 | — | $479,963 |
| U.S BANK NATIONAL ASSOCIATION | Custodian / Trustee | $71,840 | — | $71,840 |
| UHY, LLP | Auditor | $47,750 | — | $47,750 |
| REED SMITH LLP | ERISA Attorney | $14,739 | — | $14,739 |
| MARTELL & ASSOCIATES | ERISA Attorney | $14,130 | — | $14,130 |
| UHY ADVISORS MIDWEST, INC. | Other Service Provider | $12,770 | — | $12,770 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,881,849
- Estimated Expense Ratio: 0.302% 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 |
|---|---|---|---|---|---|
| 2025 | $5,192,560 | $4,240,657 | $458,261 | $47,750 | — |
| 2024 | $4,615,653 | $3,616,519 | $620,906 | $44,550 | — |
| 2023 | $3,528,949 | $2,737,408 | $414,180 | $41,362 | — |
| 2022 | $2,641,267 | $2,136,664 | $327,165 | — | $177,438 |