Plan Snapshot
- Plan Sponsor: Confluent, INC
- Sponsor EIN: 471824387
- Sponsor Address: 899 WEST EVELYN AVENUE, MOUNTAIN VIEW, CA, 94041
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 2,273
- Total Assets: $233.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 2,273 | $233.5M | $0 | $0 |
| 2024 | 1,673 | $171.7M | $12,499 | $35.4M |
| 2023 | 1,613 | $120.8M | $1,795 | $29.4M |
| 2022 | 1,708 | $73.7M | $28,558 | $22.4M |
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 | $40,724 | — | $40,724 |
| SENSIBA LLP | Auditor | $17,000 | — | $17,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,724
- Estimated Expense Ratio: 0.025% 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 | $26,129,234 | — | — | $17,000 | — |
| 2024 | $25,976 | — | — | $16,280 | — |
| 2023 | $15,452 | — | — | $15,500 | — |
| 2022 | $5,008 | — | — | — | — |