# Sciton INC. 401(k) Plan
Source: https://planprovider.pro/companies/sciton-inc-401k-plan

> Sciton INC.'s 401(k) plan: 440 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/ameritas-retirement-plans) — SERVICE PROVIDER

- [DOUGALL CONRADIE LLC](https://planprovider.pro/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|—|—|

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