Plan Snapshot
- Plan Sponsor: Irobot Corporation
- Sponsor EIN: 770259335
- Sponsor Address: 8 CROSBY DRIVE, BEDFORD, MA, 01730
- Plan Type: 401(k)
- Total Participants: 332
- Total Assets: $184.5M
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 | 332 | $184.5M | $1.8M | $9.4M |
| 2023 | 766 | $185.2M | $3.5M | $12.4M |
| 2022 | 881 | $151.5M | $4.2M | $13.8M |
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 |
|---|---|---|---|---|
| WORTHINGTON, HUGHES & HOAR, P.C. | Auditor | $17,300 | — | $17,300 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WORTHINGTON, HUGHES & HOAR, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,300
- Estimated Expense Ratio: 0.009% 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 | $199,667 | $70,000 | — | $17,300 | — |
| 2023 | $186,355 | $70,000 | $600 | $9,955 | — |
| 2022 | $118,247 | — | — | — | — |