Retirement plan

EMPLOYEE BENEFIT PLAN OF PROMETHEUM, INC.

Name: PROMETHEUM, INC. - EMPLOYEE BENEFIT PLAN OF PROMETHEUM, INC. (2021) Form 5500
Creator: PROMETHEUM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF PROMETHEUM, INC., PROMETHEUM, INC.

PROMETHEUM, INC.EIN 82-2921648Plan #001PY 2021

120 WALL ST FL 25 - NEW YORK, NY 100054016212-514-8369prometheum.comLinkedIn11-50 employeesfinancial services

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$60K

+295.4% from 2020

Total participants

+100.0% from 2020

Average account balance

$8,518

+69.4% from 2020

Annual return

20.49%

+20.49 pp from 2020

Benchmarks

See 1,086 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants<25

Cohort1,086 peers

Snapshot2021

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.85M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$39K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

117.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$448K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+50.74%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$3914

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2T3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$14

$2 / participant

Other / not subdivided$14100.0%

% of EOY assets

0.023%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$8,518

$884,045-99.0%

$453,569-98.1%

$167,536-94.9%

Participation rate

85.7%

81.6%+4.1pp

78.0%+7.7pp

82.1%+3.6pp

Annual return

20.49%

29.49%-9.0pp

64.43%-43.9pp

478.82%-458.3pp

Employer contribution / active EE

$5,538-100.0%

$4,072-100.0%

$4,839-100.0%

Participant deferral / active EE

$5,922

$7,898-25.0%

$6,211-4.7%

$6,342-6.6%

Admin fee / account holder

$22,063-100.0%

$11,214-100.0%

$12,315-100.0%

EMPLOYEE BENEFIT PLAN OF PROMETHEUM, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF PROMETHEUM, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion