# Markforged, INC 401(k) Plan
Source: https://planprovider.pro/companies/markforged-inc-401k-plan

> Markforged, INC's 401(k) plan: 184 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Markforged, INC

- **Sponsor EIN:** 462950610

- **Sponsor Address:** 480 PLEASANT STREET, WATERTOWN, MA, 02472

- **Plan Type:** 401(k)

- **Total Participants:** 184

- **Total Assets:** $22.8M

## 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|184|$22.8M|$1.2M|$2.8M|

| 2023|277|$17.5M|$1.5M|$3.4M|

| 2022|350|$11.9M|$1.6M|$3.3M|

| 2019|247|$3.7M|$0|$0|

## 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 NEWMAN & NOYES|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BAKER NEWMAN & NOYES](https://planprovider.pro/provider/baker-newman-and-noyes) — 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|$49,984|$42,784|$7,200|—|—|

| 2023|$40,772|$30,407|$10,365|—|—|

| 2022|$29,032|$22,507|$6,525|—|—|

| 2019|$800|—|$800|—|—|

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