Plan Snapshot
- Plan Sponsor: Sharkninja Management Company
- Sponsor EIN: 383685665
- Sponsor Address: 89 A STREET, NEEDHAM, MA, 02494
- Plan Type: 401(k)
- Total Participants: 2,153
- Total Assets: $170.0M
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. |
|---|---|---|---|---|
| 2025 | 2,153 | $170.0M | $0 | $0 |
| 2024 | 1,434 | $129.4M | $7.1M | $13.9M |
| 2023 | 1,154 | $97.2M | $5.5M | $11.1M |
| 2022 | 1,013 | $73.8M | $4.9M | $9.8M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $165,146 | — | $165,146 |
| GLOBAL RETIREMENT PARTNERS LLC | ADVISORS BROKER DEALER | $144,356 | — | $144,356 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGT | $42,209 | — | $42,209 |
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $351,711
- Estimated Expense Ratio: 0.207% 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 |
|---|---|---|---|---|---|
| 2025 | $352,461 | — | — | — | — |
| 2024 | $308,617 | — | — | — | — |
| 2023 | $277,125 | — | — | — | — |
| 2022 | $236,224 | $236,224 | — | — | — |