Plan Snapshot
- Plan Sponsor: Degreed, INC.
- Sponsor EIN: 454861472
- Sponsor Address: 13907 MINUTEMAN DR, DRAPER, UT, 84020
- Plan Type: 401(k)
- Total Participants: 224
- Total Assets: $37.3M
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 | 224 | $37.3M | $1.8M | $3.9M |
| 2023 | 307 | $32.7M | $2.1M | $4.5M |
| 2022 | 337 | $24.4M | $2.1M | $4.7M |
| 2021 | 417 | $22.6M | $0 | $0 |
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 |
|---|---|---|---|---|
| FRANK RIMERMAN CO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FRANK RIMERMAN CO LLP — Auditor
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 | $125,761 | $95,507 | — | — | — |
| 2023 | $102,707 | $95,911 | — | — | — |
| 2022 | $92,372 | — | — | — | — |
| 2021 | $59,329 | — | — | — | — |