Plan Snapshot
- Plan Sponsor: Securekloud Technologies INC
- Sponsor EIN: 275023350
- Sponsor Address: 7901 STONERIDGE DR, PLEASANTON, CA, 94588
- Plan Type: 401(k)
- Total Participants: 87
- Total Assets: $4.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 87 | $4.1M | $1,682 | $360,563 |
| 2023 | 125 | $4.7M | $0 | $604,010 |
| 2022 | 132 | $3.5M | $0 | $492,567 |
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 |
|---|---|---|---|---|
| CSM&D | NONE | $14,375 | — | $14,375 |
| COMYNS, SMITH, MCCLEARY & DEAVER, L | Auditor | $14,375 | — | $14,375 |
| CAMBRIDGE INVESTMENT ADVISOR | NONE | $10,876 | — | $10,876 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,626
- Estimated Expense Ratio: 0.962% 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 | $28,117 | $10,876 | $2,866 | $14,375 | — |
| 2023 | — | — | — | — | — |
| 2022 | $17,168 | $9,291 | $7,877 | — | — |