Plan Snapshot
- Plan Sponsor: Klaviyo, INC.
- Sponsor EIN: 460989964
- Sponsor Address: 125 SUMMER STREET, BOSTON, MA, 02110
- Plan Type: 401(k)
- Total Participants: 1,723
- Total Assets: $119.5M
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 | 1,723 | $119.5M | $10.2M | $22.4M |
| 2023 | 1,454 | $75.3M | $7.6M | $16.6M |
| 2022 | 1,333 | $43.4M | $6.4M | $13.4M |
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 |
|---|---|---|---|---|
| BAKER TILLY US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US LLP — Auditor
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 | $176,442 | — | $161,743 | — | — |
| 2023 | $111,965 | — | $111,965 | — | — |
| 2022 | $71,825 | — | $71,825 | — | — |