Plan Snapshot
- Plan Sponsor: Path
- Sponsor EIN: 911157127
- Sponsor Address: 437 N 34TH STREET, SEATTLE, WA, 98103
- Plan Type: 401(k)
- Total Participants: 532
- Total Assets: $300.8M
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 | 532 | $300.8M | $8.8M | $8.3M |
| 2023 | 580 | $273.0M | $8.6M | $8.3M |
| 2022 | 575 | $227.7M | $8.6M | $7.8M |
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 |
|---|---|---|---|---|
| SELLWOOD CONSULTING LLC | NONE | $92,904 | — | $92,904 |
| T ROWE PRICE RPS INC | NONE | $55,392 | — | $55,392 |
| CLARK NUBER, PS | Auditor | $29,175 | — | $29,175 |
| CLARK NUBER PS | NONE | $25,500 | — | $25,500 |
| DELOITTE TAX LLP | NONE | $5,673 | — | $5,673 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $208,644
- Estimated Expense Ratio: 0.069% 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 | $181,664 | $23,419 | — | $29,175 | — |
| 2023 | $177,940 | — | — | $24,850 | — |
| 2022 | $165,422 | — | — | — | $104,774 |