Plan Snapshot
- Plan Sponsor: Scentsy, INC.
- Sponsor EIN: 841624958
- Sponsor Address: 2701 E. PINE AVENUE, MERIDIAN, ID, 83642
- Plan Type: 401(k)
- Total Participants: 1,150
- Total Assets: $75.8M
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 | 1,150 | $75.8M | $2.7M | $5.2M |
| 2023 | 1,233 | $68.3M | $2.9M | $5.4M |
| 2022 | 1,419 | $55.7M | $3.1M | $5.7M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $148,230 | — | $148,230 |
| GLOBAL RETIREMENT PARTNERS, LLC | ADVISOR | $50,930 | — | $50,930 |
| LEAVITT CHRISTENSEN & CO., PLLC | AUDITOR | $10,550 | — | $10,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- GLOBAL RETIREMENT PARTNERS, LLC — ADVISOR
- LEAVITT CHRISTENSEN & CO., PLLC — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $209,710
- Estimated Expense Ratio: 0.277% 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 | $209,710 | $50,930 | — | $10,550 | — |
| 2023 | $213,683 | $57,466 | — | — | — |
| 2022 | $238,391 | $66,538 | — | — | — |