Plan Snapshot
- Plan Sponsor: Sailpoint Technologies, INC.
- Sponsor EIN: 900187685
- Sponsor Address: 11305 FOUR POINTS DR # 100, AUSTIN, TX, 78726
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 2,231
- Total Assets: $261.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 2,231 | $261.2M | $0 | $0 |
| 2024 | 1,592 | $195.1M | $7.3M | $25.1M |
| 2023 | 1,460 | $146.1M | $7.4M | $22.1M |
| 2022 | 1,486 | $99.9M | $5.6M | $19.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $123,057 | — | $123,057 |
| STRATEGIC ADVISERS LLC | Investment Advisor | $79,547 | — | $79,547 |
| CAPFINANCIAL PARTNERS LLC | Investment Advisor | $74,964 | — | $74,964 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $277,568
- Estimated Expense Ratio: 0.106% 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 | $19,672,460 | $154,511 | — | $3,000 | — |
| 2024 | $271,862 | $133,565 | $300 | $12,000 | — |
| 2023 | $272,936 | $114,539 | — | $12,000 | — |
| 2022 | $265,745 | $23,499 | — | — | — |