Plan Snapshot
- Plan Sponsor: Sondermind, INC.
- Sponsor EIN: 823006071
- Sponsor Address: 1099 18TH ST, DENVER, CO, 80202
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 424
- Total Assets: $17.5M
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 | 424 | $17.5M | $0 | $0 |
| 2024 | 261 | $12.5M | $1.0M | $2.0M |
| 2023 | 275 | $10.0M | $1.0M | $2.1M |
| 2022 | 280 | $6.0M | $952,473 | $1.9M |
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 |
|---|---|---|---|---|
| LPL FINANCIAL LLC | Investment Advisor | $33,744 | — | $33,744 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $30,614 | — | $30,614 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,358
- Estimated Expense Ratio: 0.369% 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 | $2,177,528 | $33,744 | — | — | — |
| 2024 | $43,770 | $19,367 | — | — | — |
| 2023 | $44,937 | $14,946 | $715 | — | — |
| 2022 | $40,096 | — | $40,096 | — | — |