Plan Snapshot
- Plan Sponsor: Appfolio, INC.
- Sponsor EIN: 260359894
- Sponsor Address: 70 CASTILIAN DR, GOLETA, CA, 931173026
- Plan Type: 401(k)
- Total Participants: 1,612
- Total Assets: $152.9M
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 | 1,612 | $152.9M | $7.2M | $18.5M |
| 2023 | 1,504 | $121.6M | $7.1M | $18.2M |
| 2022 | 1,757 | $82.4M | $6.1M | $15.6M |
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 COMPANY | CONTRACT ADMINISTRATOR | $211,817 | — | $211,817 |
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $211,817
- Estimated Expense Ratio: 0.139% 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 | $211,818 | — | $211,818 | — | — |
| 2023 | $30,685 | — | $30,685 | — | — |
| 2022 | $37,023 | — | $37,023 | — | — |