2023 Form 5500 filing — Prophet Brand Strategy 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241009150250NAL0038223346001) for Prophet Brand Strategy 401(K) Plan, reported by Prophet Brand Strategy under EIN 94-3188022 and plan number 001. It reports 688 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009150250NAL0038223346001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Prophet Brand Strategy
- EIN
- 94-3188022
- Plan number
- 001
- Location
- San Francisco, CA
- Participants
- 688
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $65,113,002
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $65,113,002
- Employer contributions
- $2,185,170
- Participant contributions
- $5,764,889
- Total income / additions
- $17,865,249
- Benefits paid
- $8,794,236
- Administrative expenses
- $171,933
- Total expenses
- $8,982,898
- Net increase / (decrease)
- $8,882,351
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock | RETAINED BY PLAN SPONSOR | $103,933 | $0 |
| Global Retirement | RETAINED BY PLAN SPONSOR | $68,000 | not reported in the loaded dataset |