Plan Snapshot
- Plan Sponsor: Intuit INC.
- Sponsor EIN: 770034661
- Sponsor Address: 2535 GARCIA AVENUE, MOUNTAIN VIEW, CA, 94039
- Plan Type: 401(k)
- Total Participants: 24,200
- Total Assets: $3.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 24,200 | $3.7B | $122.8M | $224.9M |
| 2023 | 20,635 | $3.1B | $114.3M | $198.8M |
| 2022 | 19,607 | $2.5B | $107.5M | $173.6M |
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 | NONE | $129,200 | — | $129,200 |
| MORNINGSTAR INVESTMENT SERVICE | NONE | $58,450 | — | $58,450 |
| FORTUNE WEALTH MANAGEMENT LLC | NONE | $27,764 | — | $27,764 |
| CHARLES SCHWAB & CO. INC. | NONE | $24,154 | — | $24,154 |
| TCI WEALTH ADVISORS INC | NONE | $14,546 | — | $14,546 |
| GOLDEN STATE EQUITY PARTNERS L | NONE | $12,438 | — | $12,438 |
| EP WEALTH ADVISORS LLC | NONE | $10,207 | — | $10,207 |
| DYNAMIC WEALTH ADVISORS | NONE | $6,728 | — | $6,728 |
| QDRO CONSULTANTS CO LLC | NONE | $5,100 | — | $5,100 |
| HOGANTAYLOR LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB & CO. INC. — NONE
- TCI WEALTH ADVISORS INC — NONE
- HOGANTAYLOR LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $288,587
- Estimated Expense Ratio: 0.008% 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 | $226,512 | — | — | — | — |
| 2023 | $1,319,451 | $144,141 | — | — | — |
| 2022 | $1,103,450 | — | — | — | $2,400 |