Plan Snapshot
- Plan Sponsor: Imprivata, INC.
- Sponsor EIN: 043560178
- Sponsor Address: 20 CITY POINT, 6TH FLOOR, WALTHAM, MA, 02451
- Plan Type: 401(k)
- Total Participants: 799
- Total Assets: $118.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 799 | $118.8M | $3.0M | $10.7M |
| 2023 | 798 | $97.3M | $3.0M | $10.2M |
| 2022 | 162 | $5.4M | $498,262 | $935,226 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $30,298 | — | $30,298 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $17,647 | — | $17,647 |
| ANGELL PENSION GROUP, INC | TPA | $12,434 | — | $12,434 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,379
- Estimated Expense Ratio: 0.051% 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 | $60,379 | $17,647 | — | — | — |
| 2023 | $53,351 | $10,490 | — | — | — |
| 2022 | $25,228 | $23,518 | $1,710 | — | — |