# Rhombus Power, INC 401(k) Plan
Source: https://planprovider.pro/companies/rhombus-power-inc-401k-plan

> Rhombus Power, INC's 401(k) plan: 183 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Rhombus Power, INC

- **Sponsor EIN:** 900716854

- **Sponsor Address:** 3200 HILLVIEW AVE, PALO ALTO, CA, 94304

- **Plan Type:** 401(k)

- **Total Participants:** 183

- **Total Assets:** $8.4M

## 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|183|$8.4M|$962,560|$2.1M|

| 2023|171|$4.5M|$722,685|$1.5M|

| 2022|120|$1.7M|$351,650|$769,599|

## 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|

| COMYNS, SMITH, MCCLEARY &DEAVER LLP|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|$27,255|$27,255|—|—|—|

| 2023|—|—|—|—|—|

| 2022|—|—|—|—|—|

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