Plan Snapshot
- Plan Sponsor: Cypress Hcm INC.
- Sponsor EIN: 820852673
- Sponsor Address: 2121 N CALIFORNIA BLVD SUITE 760, WALNUT CREEK, CA, 945963572
- Plan Type: 401(k)
- Total Participants: 286
- Total Assets: $8.6M
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 | 286 | $8.6M | $177,356 | $1.0M |
| 2023 | 271 | $6.1M | $158,187 | $1.1M |
| 2022 | 271 | $4.2M | $127,076 | $1.0M |
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 |
|---|---|---|---|---|
| CROWE 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 | $27,369 | — | $27,369 | — | — |
| 2023 | $25,378 | $14,785 | $4,377 | — | — |
| 2022 | $22,199 | — | $22,199 | — | — |