Plan Snapshot
- Plan Sponsor: Aduro, LLC
- Sponsor EIN: 201119906
- Sponsor Address: 17425 NE UNION HILL RD, REDMOND, WA, 98052
- Plan Type: 401(k)
- Total Participants: 48
- Total Assets: $7.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 48 | $7.6M | $160,897 | $386,211 |
| 2023 | 156 | $7.4M | $271,070 | $610,282 |
| 2022 | 103 | $6.7M | $387,398 | $857,751 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE CO | Recordkeeper | $84,766 | — | $84,766 |
| AMERIPRISE FINANCIAL SERVICES | Investment Advisor | — | $27,469 | $27,469 |
| SHANNON & ASSOCIATES, LLP | Auditor | — | $13,091 | $13,091 |
| INDEPENDENT RETIREMENT | Recordkeeper | — | $6,958 | $6,958 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERIPRISE FINANCIAL SERVICES — Investment Advisor
- SHANNON & ASSOCIATES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $132,284
- Estimated Expense Ratio: 1.746% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $73,501 | — | $73,501 | — | — |
| 2023 | $68,611 | — | $68,611 | — | — |
| 2022 | $85,850 | — | $85,850 | — | — |