Plan Snapshot
- Plan Sponsor: Nylas, INC.
- Sponsor EIN: 463466597
- Sponsor Address: 2100 GENG RD, PALO ALTO, CA, 94303
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 112
- Total Assets: $7.9M
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. |
|---|---|---|---|---|
| 2025 | 112 | $7.9M | $0 | $0 |
| 2024 | 50 | $7.9M | $361,338 | $1.0M |
| 2023 | 81 | $7.5M | $443,692 | $1.2M |
| 2022 | 136 | $6.5M | $706,113 | $1.7M |
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 |
|---|---|---|---|---|
| GUIDELINE INVESTMENTS, LLC | Custodian / Trustee | $9,244 | — | $9,244 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,244
- Estimated Expense Ratio: 0.116% 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 | $2,186,603 | $9,244 | — | — | — |
| 2024 | $10,113 | $6,393 | — | — | — |
| 2023 | $9,305 | $5,189 | — | — | — |
| 2022 | $6,122 | $6,054 | $18 | — | — |