Plan Snapshot
- Plan Sponsor: Life360, INC.
- Sponsor EIN: 260197666
- Sponsor Address: 1900 S. NORFOLK STREET,, SAN MATEO, CA, 94403
- Plan Type: 401(k)
- Total Participants: 367
- Total Assets: $30.5M
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 | 367 | $30.5M | $1.1M | $5.5M |
| 2023 | 327 | $21.7M | $1.0M | $5.0M |
| 2022 | 365 | $14.3M | $1.1M | $4.7M |
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 |
|---|---|---|---|---|
| SILICON VALLEY ACCOUNTANCY CORP | 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 | $5,489 | — | — | — | — |
| 2023 | $5,062 | $924 | — | — | — |
| 2022 | $13,004 | — | — | — | — |