Plan Snapshot
- Plan Sponsor: Alkami Technology, INC.
- Sponsor EIN: 453060776
- Sponsor Address: 5601 GRANITE PKWY STE 120, PLANO, TX, 750246666
- Plan Type: 401(k)
- Total Participants: 946
- Total Assets: $77.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 946 | $77.0M | $2.0M | $10.8M |
| 2023 | 908 | $56.9M | $2.0M | $10.1M |
| 2022 | 838 | $39.0M | $1.4M | $7.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $98,593 | — | $98,593 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $15,922 | — | $15,922 |
| BAKER TILLY US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- BAKER TILLY US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $114,515
- Estimated Expense Ratio: 0.149% 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 | $114,515 | $15,922 | $300 | — | — |
| 2023 | $90,261 | $9,315 | — | — | — |
| 2022 | $73,220 | $4,005 | — | — | — |