Prophet Brand Strategy 401(K) Plan — Form 5500 plan (Prophet Brand Strategy)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Prophet Brand Strategy 401(K) Plan is a benefit plan reported by Prophet Brand Strategy under EIN 94-3188022 and plan number 001. The latest loaded filing year is 2023. The filing reports 688 participants and $65,113,002 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Prophet Brand Strategy
EIN
94-3188022
Plan number
001
Plan type
2
Location
San Francisco, CA
Latest filing year
2023
Participants
688
End-of-year plan assets
$65,113,002

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023688H, C20241009150250NAL0038223346001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$65,113,002
Total liabilities (EOY)
$0
Net assets (EOY)
$65,113,002
Net assets (BOY)
$56,230,651

Income & contributions

Employer contributions
$2,185,170
Participant contributions
$5,764,889
Total contributions
$8,339,535
Total income / additions
$17,865,249

Expenses & distributions

Benefits paid
$8,794,236
Administrative expenses
$171,933
Total expenses
$8,982,898
Net increase / (decrease)
$8,882,351

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John HancockRETAINED BY PLAN SPONSOR$103,933$02023
Global RetirementRETAINED BY PLAN SPONSOR$68,000not reported in the loaded dataset2023

Related Form 5500 pages