Plan Snapshot
- Plan Sponsor: Bakkt, LLC
- Sponsor EIN: 371906173
- Sponsor Address: 5900 WINDWARD PARKWAY #450, ALPHARETTA, GA, 30005
- Plan Type: 401(k)
- Total Participants: 634
- Total Assets: $40.4M
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 | 634 | $40.4M | $2.6M | $3.4M |
| 2023 | 791 | $35.3M | $3.3M | $4.3M |
| 2022 | 1,088 | $27.2M | $3.1M | $4.4M |
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 | $69,879 | — | $69,879 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $8,769 | — | $8,769 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,648
- Estimated Expense Ratio: 0.195% 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 | $78,648 | $8,769 | — | — | — |
| 2023 | $77,738 | $5,914 | — | — | — |
| 2022 | $55,920 | $3,786 | — | — | — |