Plan Snapshot
- Plan Sponsor: Snowflake INC.
- Sponsor EIN: 460636374
- Sponsor Address: 125 CONSTITUTION DRIVE, MENLO PARK, CA, 94025
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 4,771
- Total Assets: $529.4M
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 | 4,771 | $529.4M | $559 | $112.7M |
| 2023 | 4,125 | $347.4M | $0 | $88.1M |
| 2022 | 3,566 | $204.9M | $444 | $65.7M |
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 | $105,620 | — | $105,620 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $29,179 | — | $29,179 |
| SAGEVIEW ADVISORY GROUP, LLC | Investment Advisor | $22,819 | — | $22,819 |
| MOSS ADAMS LLP | Auditor | $16,300 | — | $16,300 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
- SAGEVIEW ADVISORY GROUP, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $173,918
- Estimated Expense Ratio: 0.033% 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 | $169,557 | $51,998 | — | $16,300 | — |
| 2023 | $59,847 | $22,155 | $900 | $30,000 | — |
| 2022 | $42,475 | — | — | — | — |