Plan Snapshot
- Plan Sponsor: Hercules Capital, INC.
- Sponsor EIN: 743113410
- Sponsor Address: 1 NORTH B STREET, SUITE 2000, SAN MATEO, CA, 94401
- Plan Type: 401(k)
- Total Participants: 102
- Total Assets: $32.9M
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 | 102 | $32.9M | $2.1M | $2.1M |
| 2023 | 115 | $26.9M | $1.9M | $1.9M |
| 2022 | 90 | $20.7M | $1.5M | $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 |
|---|---|---|---|---|
| GRAY, GRAY & GRAY 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 | $19,362 | $11 | — | — | — |
| 2023 | $54,151 | — | $54,151 | — | — |
| 2022 | $42,853 | $12,240 | $30,613 | — | — |