How big is Promise54's plan?

Promise54's plan reported $2.2M in assets and 5 participants for 2024.

Original filing (PDF)20250705171353NAL0003803872001

Promise54

Name: Promise54 — Promise54 401(k) Plan, Form 5500 (2024)
Creator: Promise54
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Promise54 401(k) Plan

401(k) retirement plan · Promise54's Promise54 401(k) Plan held $2.2M in plan assets for 5 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$2.2M

Net assets (EOY)

$2.2M

People on this filing

Sherese Woolard signed Promise54's 2024 Form 5500 as plan administrator.

Sherese Woolard — 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

Promise54's EIN is 82-4119782.

EIN 82-4119782

Plan number 001

Plan year 2024

ACK ID 20250705171353NAL0003803872001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Promise54 from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Promise54's plan includes 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 PROMISE54.

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Plan health score

Top-tier plan health

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

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.
High account-holder ratio — balance-holders per active participant in the top 15% of peers (99th percentile).

Plan sponsor

Name

PROMISE54

EIN

all filings

Address

1325 G STREET, NW · SUITE 500 · WASHINGTON, DC · 20005

Phone

(248) 207-8225

Industry

Other Services (ex. Public Admin)

Plan administrator