Plan Snapshot
- Plan Sponsor: Platformq LLC
- Sponsor EIN: 205879799
- Sponsor Address: 100 CRESCENT RD, STE 4, NEEDHAM, MA, 02494
- Plan Type: 401(k)
- Total Participants: 103
- Total Assets: $8.9M
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. |
|---|---|---|---|---|
| 2024 | 103 | $8.9M | $205,563 | $1.1M |
| 2023 | 99 | $7.1M | $177,368 | $907,712 |
| 2022 | 95 | $5.0M | $161,758 | $799,645 |
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 |
|---|---|---|---|---|
| BDG-CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDG-CPAS — Auditor
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 | $23,746 | $19,323 | — | — | — |
| 2023 | $29,680 | $16,210 | — | — | — |
| 2022 | $28,161 | $15,216 | $12,945 | — | — |