Plan Snapshot
- Plan Sponsor: Appdirect, INC.
- Sponsor EIN: 270610966
- Sponsor Address: 447 SUTTER STREET, SUITE 405,, SAN FRANCISCO, CA, 94108
- Plan Type: 401(k)
- Total Participants: 410
- Total Assets: $30.3M
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 | 410 | $30.3M | $1.2M | $3.0M |
| 2023 | 348 | $23.7M | $915,034 | $2.3M |
| 2022 | 196 | $12.6M | $661,164 | $2.0M |
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 |
|---|---|---|---|---|
| SILICON VALLEY RETIREMENT SERVICES, | INVESTMENT/FINANCIAL ADVI | $32,381 | — | $32,381 |
| ADP, INC. | RECORD KEEPER | $8,649 | — | $8,649 |
| AUDIT AND TAX SOLUTIONS CPAS INC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SILICON VALLEY RETIREMENT SERVICES, — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
- AUDIT AND TAX SOLUTIONS CPAS INC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,030
- Estimated Expense Ratio: 0.136% 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 | $41,031 | $32,382 | — | — | — |
| 2023 | $77,772 | $52,267 | — | — | — |
| 2022 | $59,218 | — | — | — | $59,218 |