Plan Snapshot
- Plan Sponsor: Sense Labs, INC
- Sponsor EIN: 461834598
- Sponsor Address: 485 MASSACHUSETTS AVE STE4, CAMBRIDGE, MA, 02139
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 91
- Total Assets: $9.7M
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 | 91 | $9.7M | $884,994 | $1.5M |
| 2023 | 130 | $7.6M | $1.0M | $1.6M |
| 2022 | 120 | $4.4M | $379,271 | $987,083 |
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 |
|---|---|---|---|---|
| PENSIONMARK FINANCIAL GROUP, LLC | Investment Advisor | $21,378 | — | $21,378 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,378
- Estimated Expense Ratio: 0.221% 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 | $24,118 | — | — | — | — |
| 2023 | $831,241 | — | — | — | — |
| 2022 | $21,374 | — | — | — | — |