Plan Snapshot
- Plan Sponsor: Openmarket, INC
- Sponsor EIN: 383583171
- Sponsor Address: 300 ELLIOTT AVE W, STE 200, SEATTLE, WA, 98119
- Plan Type: 401(k)
- Total Participants: 227
- Total Assets: $28.1M
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 | 227 | $28.1M | $818,795 | $2.4M |
| 2023 | 243 | $26.7M | $301,891 | $1.2M |
| 2022 | 87 | $13.8M | $590,109 | $1.9M |
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 |
|---|---|---|---|---|
| CREATIVE PLANNING HOLDCO LLC | INVESTMENT ADVISOR | $55,328 | — | $55,328 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $31,919 | — | $31,919 |
| KREISCHER MILLER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KREISCHER MILLER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $87,247
- Estimated Expense Ratio: 0.311% 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 | $114,766 | $55,328 | $7,894 | — | — |
| 2023 | $45,163 | $27,774 | $14,442 | — | — |
| 2022 | $56,843 | $39,229 | $17,363 | — | — |