Plan Snapshot
- Plan Sponsor: Psiquantum Corp.
- Sponsor EIN: 811715139
- Sponsor Address: 700 HANSEN WAY, PALO ALTO, CA, 94304
- Plan Type: 401(k)
- Total Participants: 320
- Total Assets: $26.2M
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 | 320 | $26.2M | $1.3M | $4.7M |
| 2023 | 228 | $16.5M | $1.0M | $3.8M |
| 2022 | 213 | $10.3M | $799,006 | $2.8M |
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 |
|---|---|---|---|---|
| EDWARD D JONES & CO LP | INVESTMENT ADVISOR | $31,574 | — | $31,574 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $16,946 | — | $16,946 |
| FRANK, RIMERMAN & CO. LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FRANK, RIMERMAN & CO. LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,520
- Estimated Expense Ratio: 0.186% 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 | $52,657 | $48,520 | — | — | — |
| 2023 | $50,263 | $36,674 | — | — | — |
| 2022 | $17,246 | $16,813 | — | — | — |