Retirement plan

EMPLOYEE BENEFIT PLAN OF PROMETHEUM, INC

Name: PROMETHEUM INC - EMPLOYEE BENEFIT PLAN OF PROMETHEUM, INC (2022) 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 INCEIN 82-2921648Plan #001PY 2022

120 WALL ST FL 25 - NEW YORK, NY 100054016212-246-8000prometheum.comLinkedIn11-50 employeesfinancial services

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$111K

+85.9% from 2021

Total participants

+25.0% from 2021

Average account balance

$12,315

+44.6% from 2021

Annual return

-19.83%

-40.32 pp from 2021

Benchmarks

See 1,232 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants<25

Cohort1,232 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.06M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$408K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+38.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$597

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 codes2G3D2J2T

Plan features

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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$801

$114 / participant

Other / not subdivided$801100.0%

% of EOY assets

0.723%

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

$12,315

$147,727-91.7%

$115,756-89.4%

$134,545-90.8%

Participation rate

85.7%

80.4%+5.3pp

77.1%+8.6pp

81.2%+4.5pp

Annual return

-19.83%

73.96%-93.8pp

143.14%-163.0pp

418.37%-438.2pp

Employer contribution / active EE

$4,713-100.0%

$3,793-100.0%

$4,742-100.0%

Participant deferral / active EE

$9,114

$7,563+20.5%

$6,254+45.7%

$6,401+42.4%

Admin fee / account holder

$89

$14,571-99.4%

$8,124-98.9%

$11,431-99.2%

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