Plan Snapshot
- Plan Sponsor: Shift Technology INC
- Sponsor EIN: 320540837
- Sponsor Address: SHIFT TECHNOLOGY INC., DOVER, DE, 19901
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 161
- Total Assets: $13.2M
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 | 161 | $13.2M | $0 | $0 |
| 2024 | 104 | $10.7M | $413,926 | $1.5M |
| 2023 | 104 | $7.5M | $472,098 | $1.7M |
| 2022 | 125 | $4.6M | $436,605 | $1.4M |
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 |
|---|---|---|---|---|
| PLANCHECK CPAS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $1,354,717 | — | — | — | — |
| 2024 | $1,220 | — | — | — | — |
| 2023 | $2,571 | — | — | — | — |
| 2022 | $301,295 | — | — | — | — |