Plan Snapshot
- Plan Sponsor: Guidewire, INC.
- Sponsor EIN: 042790495
- Sponsor Address: 1974 WESTOVER RD, CHICOPEE, MA, 01022
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 425
- Total Assets: $6.9M
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 | 425 | $6.9M | $378,938 | $679,904 |
| 2023 | 408 | $5.5M | $343,273 | $615,978 |
| 2022 | 398 | $4.4M | $314,993 | $548,681 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $27,363 | — | $27,363 |
| COMMONWEALTH EQUITY SERVICES LLC DB | Investment Advisor | $13,669 | — | $13,669 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,032
- Estimated Expense Ratio: 0.597% 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 |
|---|---|---|---|---|---|
| 2024 | $42,111 | $13,669 | — | — | — |
| 2023 | $38,761 | $16,949 | — | — | — |
| 2022 | $30,295 | — | $30,295 | — | — |