Plan Snapshot
- Plan Sponsor: Policygenius, INC.
- Sponsor EIN: 461553649
- Sponsor Address: 32 OLD SLIP 30TH FLOOR, NEW YORK, NY, 10005
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 375
- Total Assets: $20.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 375 | $20.7M | $1.0M | $3.4M |
| 2022 | 406 | $15.5M | $1.5M | $4.1M |
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 |
|---|---|---|---|---|
| FORUSALL ADVISORS LLC | Recordkeeper | $54,050 | — | $54,050 |
| AT RETIREMENT SERVICES, LLC | Other Service Provider | $45,961 | — | $45,961 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $100,011
- Estimated Expense Ratio: 0.482% 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 |
|---|---|---|---|---|---|
| 2023 | $100,011 | — | $54,050 | — | — |
| 2022 | $75,045 | — | — | — | $75,045 |