Plan Ledger DOL Form 5500 · updated monthly

Prophet Brand Strategy401(k)

PROPHET BRAND STRATEGY 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Prophet Brand Strategy reported $151,631 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $4,131 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.12% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,287th-largest of 9,483 plans among California employers on file, and the 1,990th of 11,654 in professional & technical services. In 2024, employees put in $3.68 for every $1.00 the employer contributed; active participation has shrunk from 479 to 318 since 2022.

Plan summary
Net assets, end of year$72,910,114
Participants with balances562
Active participants318
Employer contributions$1,313,533
Employee contributions$4,836,135
Employer contribution per active participant$4,131
Average account balance$129,733
Benefits paid to participants$7,300,783
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72.9M · 562 accts · $1.3M emplr
2023$65.1M · 586 accts · $2.2M emplr
2022$56.2M · 688 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,631
Investment management$68,000
Total administrative$151,631
The Prophet Brand Strategy 401(k) match · 2024
Employer contribution per active participant$4,131
Median for plans this size$3,635
2024$4,131 per active participant
2023$6,427 per active participant
2022$2,723 per active participant

Prophet Brand Strategy's 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
JOHN HANCOCK · Loan processing$76,870
GLOBAL RETIREMENT · Investment advisory (plan)$51,000
CAMBRIDGE INVT RESEARCH ADV INC · Investment advisory (plan)$17,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$151,631 · 0.22%
2023$171,933 · 0.28%
2022$74,201 · 0.12%
Same employer
Similar plansProfessional & Technical Services · California
Travere Therapeutics, Inc. CA$73.5M · 0.03%
Maxlinear, Inc. CA$73.5M · 0.10%
Mannkind Corporation CA$73.3M · 0.23%
Symphonyai, LLC CA$72.5M · 0.58%
Seti Institute CA$72.5M · 0.09%
Tri Holdco, Inc. CA$72.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943188022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.