Plan Snapshot
- Plan Sponsor: Cantaloupe, INC.
- Sponsor EIN: 232679963
- Sponsor Address: 101 LINDENWOOD DRIVE, MALVERN, PA, 19355
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 349
- Total Assets: $27.0M
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 | 349 | $27.0M | $1.1M | $2.4M |
| 2023 | 303 | $18.8M | $926,744 | $2.1M |
| 2022 | 264 | $15.4M | $804,690 | $1.8M |
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 |
|---|---|---|---|---|
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $96,301 | — | $91,404 | — | — |
| 2023 | $102,501 | — | $96,176 | — | — |
| 2022 | $79,487 | — | $73,862 | — | $5,625 |