Plan Snapshot
- Plan Sponsor: Scipher Medicine
- Sponsor EIN: 463927710
- Sponsor Address: 500 TOTTEN POND ROAD, WALTHAM, MA, 02451
- Plan Type: 401(k)
- Total Participants: 43
- Total Assets: $5.2M
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 | 43 | $5.2M | $554,958 | $1.2M |
| 2023 | 105 | $5.4M | $722,696 | $1.5M |
| 2022 | 128 | $3.7M | $829,176 | $1.6M |
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 |
|---|---|---|---|---|
| GUIDELINE, INC. | Recordkeeper | $7,704 | — | $7,704 |
| BENEFIT TRUST COMPANY | Custodian / Trustee | — | $5,490 | $5,490 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GUIDELINE, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,194
- Estimated Expense Ratio: 0.255% 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 | $8,419 | $4,763 | — | — | — |
| 2023 | $6,656 | $3,468 | — | — | — |
| 2022 | $3,183 | $3,183 | — | — | — |