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PROSPECT CAPITAL MANAGEMENT LP 401k Plan overview

Plan NamePROSPECT CAPITAL MANAGEMENT LP
Plan identification number 501

PROSPECT CAPITAL MANAGEMENT LP Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Long-term disability cover

401k Sponsoring company profile

PROSPECT CAPITAL MANAGEMENT, LP has sponsored the creation of one or more 401k plans.

Company Name:PROSPECT CAPITAL MANAGEMENT, LP
Employer identification number (EIN):113716501
NAIC Classification:525990
NAIC Description:Other Financial Vehicles

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROSPECT CAPITAL MANAGEMENT LP

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-11-01

Plan Statistics for PROSPECT CAPITAL MANAGEMENT LP

401k plan membership statisitcs for PROSPECT CAPITAL MANAGEMENT LP

Measure Date Value
2022: PROSPECT CAPITAL MANAGEMENT LP 2022 401k membership
Total participants, beginning-of-year2022-11-01117
Total number of active participants reported on line 7a of the Form 55002022-11-01125
Number of retired or separated participants receiving benefits2022-11-011
Total of all active and inactive participants2022-11-01126
Total participants2022-11-01126

Form 5500 Responses for PROSPECT CAPITAL MANAGEMENT LP

2022: PROSPECT CAPITAL MANAGEMENT LP 2022 form 5500 responses
2022-11-01Type of plan entitySingle employer plan
2022-11-01First time form 5500 has been submittedYes
2022-11-01Submission has been amendedNo
2022-11-01This submission is the final filingNo
2022-11-01This return/report is a short plan year return/report (less than 12 months)No
2022-11-01Plan is a collectively bargained planNo
2022-11-01Plan funding arrangement – InsuranceYes
2022-11-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number210501
Policy instance 1
Insurance contract or identification number210501
Number of Individuals Covered126
Insurance policy start date2022-11-02
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $97,177
Total amount of fees paid to insurance companyUSD $24,700
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $2,429,439
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $72,477
Insurance broker organization code?3

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