Plan Snapshot
- Plan Sponsor: Prominds INC.
- Sponsor EIN: 475025197
- Sponsor Address: 1528 SOUTH EL CAMINO REAL, STE. 407, SAN MATEO, CA, 94402
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 110
- Total Assets: $150,879
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. |
|---|---|---|---|---|
| 2024 | 110 | $150,879 | $1.1M | $339,731 |
| 2023 | 111 | $113,948 | $915,352 | $321,276 |
| 2022 | 0 | $107,020 | $959,791 | $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 |
|---|---|---|---|---|
| INEICH & COMPANY, LLP | Auditor | $25,000 | — | $25,000 |
| FCE BENEFIT ADMINISTRATORS, INC. | Other Service Provider | $18,148 | — | $18,148 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- INEICH & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,148
- Estimated Expense Ratio: 28.598% 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 | $48,322 | — | — | $25,000 | — |
| 2023 | $30,757 | — | — | — | — |
| 2022 | $927,976 | — | — | — | — |