Plan Ledger DOL Form 5500 · updated monthly

PrototypesProfit-sharing plan

PROTOTYPES DEFINED CONTRIBUTION RETIREMENT PLAN · LOS ANGELES, CA · plan year 2023

Employer contribution per participant · 2023
-$78

Prototypes's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,043,880 across 174 participant accounts, with employer contributions averaging -$78 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,826th of 9,483), and 9,228th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$3,043,880
Participants with balances174
Active participants62
Employer contributions-$4,864
Employee contributions—
Employer contribution per active participant-$78
Average account balance$17,494
Benefits paid to participants$165,914
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.0M · 174 accts
2022$2.9M · 186 accts
Employer contributions to the Prototypes plan · 2023
Employer contribution per active participant-$78
Median for plans this size$1,308

Prototypes's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. 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.

Administrative cost history2
2023Not separately reported
2022$17,006 · 0.52%
Similar plansHealth Care & Social Assistance · California
Headlight Health, Inc CA$3.1M · 0.36%
Shelter, Inc. CA$3.0M · 1.11%
Starvista CA$3.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954092046 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.