Plan Snapshot
- Plan Sponsor: Sila Nanotechnologies, INC.
- Sponsor EIN: 452982641
- Sponsor Address: 2450 MARINER SQUARE LOOP, ALAMEDA, CA, 94501
- Plan Type: 401(k)
- Total Participants: 414
- Total Assets: $42.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 414 | $42.8M | $1.7M | $5.9M |
| 2023 | 358 | $31.3M | $1.6M | $5.4M |
| 2022 | 316 | $19.7M | $1.4M | $4.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $12,308 | — | $12,308 |
| LEE CPA AUDIT GROUP | PLAN ADMINISTRATOR | $7,200 | — | $7,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- LEE CPA AUDIT GROUP — PLAN ADMINISTRATOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,508
- Estimated Expense Ratio: 0.046% 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 | $31,799 | $4,591 | — | $7,700 | — |
| 2023 | $7,057 | $1,374 | — | — | — |
| 2022 | $2,034 | $103 | — | — | — |