401k Record

Employers › Prospect Capital Management

Prospect Capital Management 401(k)

Recordkeeping fees per participant · Prospect Capital Management, LP Profit Sharing Plan and Trust · plan year 2024

$118.68

Higher than 66% of the 14,075 plans $10 to 50M that report it.

Source

= $16,734 / 141
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250916115554NAL0001929649001, received 2025-09-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916115554NAL0001929649001, received 2025-09-16

10th: $10.53median $83.9490th: $217.08

Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-16.

Cost and contributions

Administrative expenses excluding investment management, per participant

$118.68

10th: $15.36median $118.8890th: $340.63

Higher than 50% of the 24,371 plans $10 to 50M that report it.

Source

= $16,734 / 141
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250916115554NAL0001929649001, received 2025-09-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916115554NAL0001929649001, received 2025-09-16

Administrative expenses per participant

$604.33

10th: $26.86median $197.2590th: $456.10

Higher than 96% of the 25,098 plans $10 to 50M that report it.

Source

= $85,211 / 141
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250916115554NAL0001929649001, received 2025-09-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916115554NAL0001929649001, received 2025-09-16

Administrative expenses as a share of assets

0.221%

10th: 0.035%median 0.289%90th: 0.599%

Higher than 38% of the 25,132 plans $10 to 50M that report it.

Source

= $85,211 / $38,481,558
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250916115554NAL0001929649001, received 2025-09-16
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250916115554NAL0001929649001, received 2025-09-16

Employer contributions per participant

$23,219

10th: $664median $2,07490th: $4,751

Higher than 100% of the 24,050 plans $10 to 50M that report it.

Source

= $3,273,830 / 141
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250916115554NAL0001929649001, received 2025-09-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916115554NAL0001929649001, received 2025-09-16

Employer share of total contributions

69.8%

10th: 13.1%median 27.9%90th: 45.2%

Higher than 99% of the 24,084 plans $10 to 50M that report it.

Source

= $3,273,830 / $4,689,130
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250916115554NAL0001929649001, received 2025-09-16
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250916115554NAL0001929649001, received 2025-09-16

Plan terms, as stated in Prospect Capital Management L.P.'s SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2R participant brokerage window · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · 2A age/service-weighted · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250916115554NAL0001929649001, received 2025-09-16

Full record, Prospect Capital Management, LP Profit Sharing Plan and Trust

FieldValueSource
Plan sponsorPROSPECT CAPITAL MANAGEMENT, LPForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250916115554NAL0001929649001, received 2025-09-16
Plan namePROSPECT CAPITAL MANAGEMENT, LP PROFIT SHARING PLAN AND TRUSTForm 5500, line 1a; PLAN_NAME pos 16; filing 20250916115554NAL0001929649001, received 2025-09-16
Sponsor EIN / plan number11-3716501 / 002Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250916115554NAL0001929649001, received 2025-09-16
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250916115554NAL0001929649001, received 2025-09-16
Sponsor locationWEST PALM BCH, FLForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250916115554NAL0001929649001, received 2025-09-16
Industry (business code)525990, Finance and insuranceForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250916115554NAL0001929649001, received 2025-09-16
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250916115554NAL0001929649001, received 2025-09-16
Filing received2025-09-16Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250916115554NAL0001929649001, received 2025-09-16
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250916115554NAL0001929649001, received 2025-09-16
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250916115554NAL0001929649001, received 2025-09-16
Participants, beginning of year148Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250916115554NAL0001929649001, received 2025-09-16
Active participants129Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250916115554NAL0001929649001, received 2025-09-16
Participants, end of year156Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250916115554NAL0001929649001, received 2025-09-16
Participants with an account balance141Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916115554NAL0001929649001, received 2025-09-16
Total assets, beginning of year$31,718,056Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250916115554NAL0001929649001, received 2025-09-16
Total assets, end of year$38,481,558Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250916115554NAL0001929649001, received 2025-09-16
Net assets, end of year$38,481,558Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250916115554NAL0001929649001, received 2025-09-16
Total income$8,998,669Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250916115554NAL0001929649001, received 2025-09-16
Net income$6,763,502Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250916115554NAL0001929649001, received 2025-09-16
Employer contributions$3,273,830Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250916115554NAL0001929649001, received 2025-09-16
Participant contributions$1,288,158Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250916115554NAL0001929649001, received 2025-09-16
Other contributions (incl. rollovers)$127,142Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250916115554NAL0001929649001, received 2025-09-16
Total contributions$4,689,130Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250916115554NAL0001929649001, received 2025-09-16
Benefit payments$2,149,956Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250916115554NAL0001929649001, received 2025-09-16
Total expenses (incl. benefit payments)$2,235,167Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250916115554NAL0001929649001, received 2025-09-16
Total administrative expenses$85,211Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250916115554NAL0001929649001, received 2025-09-16
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250916115554NAL0001929649001, received 2025-09-16
Recordkeeping fees$16,734Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250916115554NAL0001929649001, received 2025-09-16
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250916115554NAL0001929649001, received 2025-09-16
Investment advisory and management fees$68,477Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250916115554NAL0001929649001, received 2025-09-16
Administrative expenses excluding investment management$16,734derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250916115554NAL0001929649001, received 2025-09-16
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250916115554NAL0001929649001, received 2025-09-16
Held in common/collective trusts$0Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250916115554NAL0001929649001, received 2025-09-16
Held in mutual funds$36,970,457Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250916115554NAL0001929649001, received 2025-09-16
Independent auditorCROWE LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250916115554NAL0001929649001, received 2025-09-16

Position = column in the DOL layout for form year 2024. Filing 20250916115554NAL0001929649001, received 2025-09-16.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
PASQUA THOMASADVISOR 27 Investment advisory (plan) $68,477no
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees $16,734yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250916115554NAL0001929649001, received 2025-09-16.

What changed since the 2023 plan year

Figure20232024Change
Total assets$31,718,056$38,481,55821.3%
Participants with a balance12414113.7%
Administrative expenses$73,306$85,21116.2%
Recordkeeping fees per participant$156.02$118.68-23.9%
Employer contributions$2,460,445$3,273,83033.1%

Prior filing 20241007155407NAL0009024467001, received 2024-10-07; the plan years are contiguous.

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Sponsor name as filed: PROSPECT CAPITAL MANAGEMENT, LP; SEC registrant: Prospect Capital Management L.P. (CIK 1583920, matched by EIN).