Plan Snapshot
- Plan Sponsor: Noom, INC.
- Sponsor EIN: 800243906
- Sponsor Address: ONE PALMER SQUARE STE 441, PRINCETON, NJ, 08542
- Plan Type: 401(k)
- Total Participants: 538
- Total Assets: $26.8M
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 | 538 | $26.8M | $0 | $5.0M |
| 2023 | 793 | $21.2M | $0 | $5.7M |
| 2022 | 1,443 | $15.9M | $174,026 | $8.7M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $99,369 | — | $99,369 |
| CREATIVE PLANNING, INC | INVESTMENT ADVISORY | $27,920 | — | $27,920 |
| CROWE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING, INC — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $127,289
- Estimated Expense Ratio: 0.476% 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 | $129,964 | $30,595 | $99,369 | — | — |
| 2023 | $128,994 | $31,059 | $97,935 | — | — |
| 2022 | $119,489 | — | $119,489 | — | — |