# Prysm Systems, INC. 401(k) Plan
Source: https://planprovider.pro/companies/prysm-systems-inc-401k-plan

> Prysm Systems, INC.'s 401(k) plan: 40 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Prysm Systems, INC.

- **Sponsor EIN:** 852763559

- **Sponsor Address:** 513 FAIRVIEW WAY, MILPITAS, MILPITAS, CA, 95035

- **Plan Type:** 401(k)

- **Total Participants:** 40

- **Total Assets:** $10.9M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|40|$10.9M|$0|$378,469|

| 2023|50|$9.6M|$0|$322,683|

| 2022|42|$9.2M|$0|$325,076|

## 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|

| YULISHANA, INC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [YULISHANA, INC](https://planprovider.pro/provider/yulishana-inc) — 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|$504,900|—|$42,876|—|—|

| 2023|$41,171|$18,848|—|—|—|

| 2022|$48,246|—|—|—|—|

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