How big is Performant Financial Corporation's plan?

Performant Financial Corporation's plan reported $45.4M in assets and 968 participants for 2024.

Original filing (PDF)20251015123218NAL0006261600001

Performant Financial Corporation

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

Form 5500

FILING_RECEIVED

Performant 401(k) Plan

401(k) retirement plan · Performant Financial Corporation's Performant 401(k) Plan held $45.4M in plan assets for 968 participants in 2024, with Fidelity as recordkeeper.

Signals · 2

Corrective distributions issuedSelf-directed brokerage offered

Active participants

968

Accounts w/ balance

1,285

Plan assets (EOY)

$45.4M

Net assets (EOY)

$45.4M

People on this filing

Brianne Larkin signed Performant Financial Corporation's 2024 Form 5500 as plan administrator.

Brianne Larkin — 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

Performant Financial Corporation's EIN is 94-2370483.

EIN 94-2370483

Plan number 002

Plan year 2024

ACK ID 20251015123218NAL0006261600001

Official Form 5500 document

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

Download the official 2024 Form 5500 (PDF)

Plan features

Performant Financial Corporation's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a self-directed brokerage window, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for PERFORMANT FINANCIAL CORPORATION.

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How this plan invests

This plan

28 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

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.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Corrective distributions issued (likely failed ADP/ACP testing).
Bottom-decile employer contributions per participant (3rd percentile).

Helping the score

Below-peer total plan cost (87th percentile).

Plan sponsor

Name

PERFORMANT FINANCIAL CORPORATION

EIN

all filings

Address

4309 HACIENDA DRIVE · SUITE 110 · PLEASANTON, CA · 94588

Phone

(925) 960-4783

Industry

Admin Support & Waste Mgmt

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

002

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-15

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2R · Participant-directed brokerage (SDBA)

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Service providers (Schedule C)

2 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$3K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
STRATEGIC ADVISORS, INC.	04-2654524	—	ADVISOR	$12K	—

Investments

28 direct securities· $43.9M(97% of reported assets)

Mutual Funds

$34.9M

20 holdings

Common Collective Trusts

$5.7M

3 holdings

Other securities

$1.7M

4 holdings

Self-Directed Brokerage

$1.6M

1 holding

					% of plan
Fidelity Contrafund Mutual Fund -	Mutual Funds	—	—	$6.4M	14.0%
Fidelity Freedom 2030 Mutual Fund -	Mutual Funds	—	—	$5.6M	12.3%
Fidelity 500 Index PR Mutual Fund -	Common Collective Trusts	—	—	$4.9M	10.7%
Fidelity Freedom 2040 Mutual Fund -	Mutual Funds	—	—	$3.0M	6.7%
Fidelity Freedom 2025 Mutual Fund -	Mutual Funds	—	—	$2.8M	6.2%
Fidelity Freedom 2035 Mutual Fund -	Mutual Funds	—	—	$2.7M	6.0%
Fidelity Freedom 2045 Mutual Fund -	Mutual Funds	—	—	$2.6M	5.6%
Fidelity Freedom 2050 Mutual Fund -	Mutual Funds	—	—	$2.5M	5.6%
Fidelity Gov Money Market Money Market Account -	Mutual Funds	—	—	$1.7M	3.8%
Brokeragelink Brokerage Accounts -	Self-Directed Brokerage	—	—	$1.6M	3.4%
Fidelity Freedom 2055 Mutual Fund -	Mutual Funds	—	—	$1.3M	2.9%
Columbia Dividend Income A Mutual Fund -	Other securities	—	—	$1.2M	2.6%
Fidelity Freedom 2020 Mutual Fund -	Mutual Funds	—	—	$1.0M	2.3%
Fidelity Total Bond Mutual Fund -	Mutual Funds	—	—	$906K	2.0%
Fidelity Mid Cap Stock Mutual Fund -	Mutual Funds	—	—	$864K	1.9%
Fidelity Stock Selector Small Cap Mutual Fund -	Mutual Funds	—	—	$816K	1.8%
Fidelity International Cap Appreciation Mutual Fund -	Mutual Funds	—	—	$690K	1.5%
Fidelity Freedom 2060 Mutual Fund -	Mutual Funds	—	—	$681K	1.5%
Fidelity Global EX US Index Fund Mutual Fund -	Common Collective Trusts	—	—	$635K	1.4%
Fidelity Low Priced Stock Mutual Fund -	Mutual Funds	—	—	$625K	1.4%
Baron Small Cap Mutual Fund -	Other securities	—	—	$315K	0.7%
Fidelity Freedom Income Mutual Fund -	Mutual Funds	—	—	$254K	0.6%
Fidelity Extended Market Index Fund Mutual Fund -	Common Collective Trusts	—	—	$193K	0.4%
American Century Mid Cap Value Inv Mutual Fund -	Other securities	—	—	$163K	0.4%
Fidelity Freedom 2015 Mutual Fund -	Mutual Funds	—	—	$161K	0.4%
Fidelity Freedom 2010 Mutual Fund -	Mutual Funds	—	—	$94K	0.2%
Fidelity Freedom 2065 Mutual Fund -	Mutual Funds	—	—	$93K	0.2%
Oakmark International Inv Mutual Fund -	Other securities	—	—	$45K	<0.1%