Plan Snapshot
- Plan Sponsor: Smartsheet INC.
- Sponsor EIN: 202954357
- Sponsor Address: 500 108TH AVE STE 200, BELLEVUE, WA, 98004
- Plan Type: 401(k)
- Total Participants: 2,431
- Total Assets: $273.8M
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 | 2,431 | $273.8M | $11.2M | $38.1M |
| 2023 | 2,594 | $204.3M | $10.4M | $36.1M |
| 2022 | 2,671 | $130.6M | $9.9M | $30.4M |
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 |
|---|---|---|---|---|
| CLARK NUBER, P.S. | 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 |
|---|---|---|---|---|---|
| 2024 | $279,289 | $63,789 | $300 | — | — |
| 2023 | $277,363 | $46,721 | — | — | — |
| 2022 | $248,555 | $28,423 | — | — | — |