Plan Snapshot
- Plan Sponsor: Palantir Technologies INC.
- Sponsor EIN: 680551851
- Sponsor Address: 1200 17TH STREET, DENVER, CO, 80202
- Plan Type: 401(k)
- Total Participants: 2,778
- Total Assets: $393.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 2,778 | $393.3M | $0 | $54.8M |
| 2023 | 2,436 | $311.7M | $142 | $48.1M |
| 2022 | 2,416 | $225.3M | $0 | $41.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $145,688 | — | $145,688 |
| CLIFTONLARSONALLEN LLP | ACCOUNTANT/AUDITOR | $16,800 | — | $16,800 |
| BPM LLP | ACCOUNTANT/AUDITOR | $6,955 | — | $6,955 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CLIFTONLARSONALLEN LLP — ACCOUNTANT/AUDITOR
- BPM LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $169,443
- Estimated Expense Ratio: 0.043% 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 | $166,707 | — | — | $23,755 | — |
| 2023 | $131,096 | — | — | $16,050 | — |
| 2022 | $119,552 | — | — | — | — |