Plan Snapshot
- Plan Sponsor: Prospect Education LLC
- Sponsor EIN: 731663968
- Sponsor Address: 750 SANDHILL ROAD, SUITE 100, RENO, NV, 89521
- Plan Type: 401(k)
- Total Participants: 259
- Total Assets: $9.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 259 | $9.0M | $495,499 | $530,567 |
| 2023 | 277 | $7.8M | $0 | $540,189 |
| 2022 | 287 | $7.9M | $0 | $613,638 |
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 |
|---|---|---|---|---|
| SYMPHONA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SYMPHONA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $61,875 | — | $61,875 | — | — |
| 2023 | $61,318 | — | $61,318 | — | — |
| 2022 | $55,085 | — | $55,085 | — | — |