Plan Snapshot
- Plan Sponsor: Planesense, INC.
- Sponsor EIN: 043161509
- Sponsor Address: 115 FLIGHTLINE ROAD, PORTSMOUTH, NH, 03801
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 704
- Total Assets: $44.6M
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. |
|---|---|---|---|---|
| 2025 | 704 | $44.6M | $0 | $0 |
| 2024 | 566 | $36.2M | $1.5M | $3.8M |
| 2023 | 601 | $28.6M | $1.3M | $3.2M |
| 2022 | 446 | $21.3M | $1.1M | $2.6M |
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 |
|---|---|---|---|---|
| NATIONWIDE | Recordkeeper | $61,975 | — | $61,975 |
| CETERA WEALTH SERVICES | Investment Advisor | — | $36,731 | $36,731 |
| PROACCOUNT | Other Service Provider | $23,109 | — | $23,109 |
| LEAFHOUSE FINANCIAL ADVISORS LLC | Investment Advisor | $20,324 | — | $20,324 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $142,139
- Estimated Expense Ratio: 0.319% 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 |
|---|---|---|---|---|---|
| 2025 | $3,631,271 | — | — | — | — |
| 2024 | $33,382 | — | $3,635 | — | — |
| 2023 | $38,113 | $12,649 | $25,464 | — | — |
| 2022 | $22,142 | — | $22,142 | — | — |