Plan Snapshot
- Plan Sponsor: Expensify, INC
- Sponsor EIN: 270239450
- Sponsor Address: 88 KEARNY STREET, SAN FRANCISCO, CA, 94108
- Plan Type: 401(k)
- Total Participants: 70
- Total Assets: $17.0M
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. |
|---|---|---|---|---|
| 2024 | 70 | $17.0M | $783,842 | $1.3M |
| 2023 | 84 | $13.9M | $876,584 | $1.5M |
| 2022 | 93 | $10.1M | $835,128 | $1.5M |
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 |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON 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 | $32,708 | $31,013 | $1,695 | — | — |
| 2023 | $24,929 | $22,893 | $2,036 | — | — |
| 2022 | $19,632 | $18,560 | $1,072 | — | — |