Plan Snapshot
- Plan Sponsor: Springboard Collaborative
- Sponsor EIN: 453719806
- Sponsor Address: 1500 JOHN F. KENNEDY BLVD., SUIT, PHILADELPHIA, PA, 19102
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 208
- Total Assets: $11.0M
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. |
|---|---|---|---|---|
| 2025 | 208 | $11.0M | $0 | $0 |
| 2024 | 662 | $5.7M | $718,744 | $1.1M |
| 2023 | 662 | $5.7M | $718,744 | $1.1M |
| 2022 | 125 | $3.4M | $398,428 | $726,828 |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
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 |
|---|---|---|---|---|---|
| 2025 | $1,327,788 | — | — | — | — |
| 2024 | $10,067 | — | — | — | — |
| 2023 | $10,067 | — | — | — | — |
| 2022 | $72,441 | — | — | — | — |