Plan Snapshot
- Plan Sponsor: Sciton INC.
- Sponsor EIN: 770463469
- Sponsor Address: 925 COMMERCIAL ST, PALO ALTO, CA, 94303
- Plan Type: 401(k)
- Total Participants: 440
- Total Assets: $44.8M
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 | 440 | $44.8M | $1.7M | $4.6M |
| 2023 | 378 | $35.4M | $1.5M | $4.0M |
| 2022 | 320 | $25.5M | $1.3M | $3.4M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | RECORD KEEPER | $69,849 | — | $69,849 |
| ONEDIGITAL TOPCO LLC | SERVICE PROVIDER | — | $25,000 | $25,000 |
| DOUGALL CONRADIE LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL TOPCO LLC — SERVICE PROVIDER
- DOUGALL CONRADIE LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,849
- Estimated Expense Ratio: 0.212% 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 | $72,579 | $2,730 | $68,899 | — | — |
| 2023 | $43,640 | $594 | $42,596 | — | — |
| 2022 | $26,702 | — | $26,702 | — | — |