Plan Snapshot
- Plan Sponsor: Exagen INC.
- Sponsor EIN: 200434866
- Sponsor Address: 1261 LIBERTY WAY, VISTA, CA, 92081
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 299
- Total Assets: $16.0M
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. |
|---|---|---|---|---|
| 2025 | 299 | $16.0M | $0 | $0 |
| 2024 | 216 | $14.3M | $1.1M | $1.8M |
| 2023 | 173 | $13.5M | $892,740 | $1.5M |
| 2022 | 191 | $11.3M | $1.0M | $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 |
|---|---|---|---|---|
| CREATIVE PLANNING | Investment Advisor | $36,687 | $6 | $36,693 |
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $22,885 | — | $22,885 |
| ASCENSUS | Recordkeeper | $8,252 | $7,279 | $15,531 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,109
- Estimated Expense Ratio: 0.469% 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 | $4,280,140 | — | $67,828 | — | — |
| 2024 | $62,749 | — | $62,749 | — | — |
| 2023 | $60,323 | $29,598 | $30,725 | — | — |
| 2022 | $53,634 | $28,295 | $25,339 | — | — |