Plan Snapshot
- Plan Sponsor: Chronosphere, INC.
- Sponsor EIN: 833812930
- Sponsor Address: 224 W 35TH ST, NEW YORK, NY, 10001
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 321
- Total Assets: $29.6M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 321 | $29.6M | $0 | $0 |
| 2024 | 229 | $18.7M | $0 | $4.7M |
| 2023 | 230 | $11.8M | $0 | $4.4M |
| 2022 | 0 | $5.5M | $0 | $2.4M |
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 | $38,621 | — | $38,621 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,621
- Estimated Expense Ratio: 0.131% 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 |
|---|---|---|---|---|---|
| 2025 | $2,609,932 | $3,601 | — | — | — |
| 2024 | $40,040 | $1,931 | — | — | — |
| 2023 | $19,251 | $421 | — | — | — |
| 2022 | $61,615 | — | — | — | — |