Plan Snapshot
- Plan Sponsor: Nogin Commerce, LLC
- Sponsor EIN: 993307649
- Sponsor Address: 105 EAST 34TH ST, SUITE 137, NEW YORK, NY, 10016
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 80
- Total Assets: $2.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 80 | $2.4M | $0 | $0 |
| 2024 | 103 | $3.5M | $0 | $622,105 |
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 |
|---|---|---|---|---|
| ECONOMIC GROUP PENSION SERVICES, LL | Recordkeeper | $17,580 | $1,737 | $19,317 |
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $17,229 | — | $17,229 |
| NEWFRONT RETIREMENT SERVICES, INC | Investment Advisor | $12,162 | $3 | $12,165 |
| LEE CPA AUDIT GROUP | Other Service Provider | $8,000 | — | $8,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,711
- Estimated Expense Ratio: 2.363% 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 |
|---|---|---|---|---|---|
| 2025 | $2,014,086 | — | $58,729 | — | — |
| 2024 | $27,888 | — | $27,204 | — | — |