How big is Purpose Funding Inc.'s plan?

Purpose Funding Inc.'s plan reported $120K in assets and 15 participants for 2022.

Original filing (PDF)20230922162957NAL0004598641001

Purpose Funding Inc.

Name: Purpose Funding Inc. — Purpose Funding Inc. 401(k), Form 5500 (2022)
Creator: Purpose Funding Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Purpose Funding Inc. 401(k) Profit Sharing Plan and Trust

401(k) retirement plan · Purpose Funding Inc.'s Purpose Funding Inc. 401(k) Profit Sharing Plan and Trust held $120K in plan assets for 15 participants in 2022.

Active participants

Accounts w/ balance

Plan assets (EOY)

$120K

Net assets (EOY)

$120K

People on this filing

Michael Styck signed Purpose Funding Inc.'s 2022 Form 5500 as plan administrator.

Michael Styck — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Purpose Funding Inc.'s EIN is 20-3176537.

EIN 20-3176537

Plan number 001

Plan year 2022

ACK ID 20230922162957NAL0004598641001

Official Form 5500 document

Download the official 2022 Form 5500 (PDF) for Purpose Funding Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2022 Form 5500 (PDF)

Plan features

Purpose Funding Inc.'s plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for PURPOSE FUNDING INC.

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Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Knocking points off