Plan Snapshot
- Plan Sponsor: Payscale, INC.
- Sponsor EIN: 911618647
- Sponsor Address: 68 HARRISON AVE STE 605, BOSTON, MA, 021111929
- Plan Type: 401(k)
- Total Participants: 571
- Total Assets: $52.5M
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 | 571 | $52.5M | $1.3M | $6.0M |
| 2023 | 591 | $45.1M | $1.4M | $6.4M |
| 2022 | 668 | $32.5M | $1.2M | $5.3M |
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 |
|---|---|---|---|---|
| SWEENEY CONRAD P.S. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $220,090 | $48,202 | $171,682 | — | — |
| 2023 | $174,738 | $37,775 | $129,523 | — | — |
| 2022 | $164,906 | $38,536 | $121,928 | — | — |