# Path 401(k) Plan
Source: https://planprovider.pro/companies/path-401k-plan

> Path's 401(k) plan: 532 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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