Plan Snapshot
- Plan Sponsor: Sophos, INC
- Sponsor EIN: 043328310
- Sponsor Address: 3 VANDEGRAFF DRIVE, BURLINGTON, MA, 01803
- Plan Type: 401(k)
- Total Participants: 733
- Total Assets: $157.7M
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 | 733 | $157.7M | $3.3M | $12.1M |
| 2023 | 754 | $128.6M | $3.8M | $12.0M |
| 2022 | 844 | $97.2M | $4.0M | $11.7M |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS, LLC | CONSULTANT | $62,818 | — | $62,818 |
| BAKER TILLY US, LLP | ACCOUNTANT/AUDITOR | $11,550 | — | $11,550 |
| BAKER TILLY US,LLP | ACCOUNTANT/AUDITOR | $11,550 | — | $11,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS, LLC — CONSULTANT
- BAKER TILLY US,LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,918
- Estimated Expense Ratio: 0.054% 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 | $77,703 | — | $900 | $23,100 | — |
| 2023 | $88,396 | — | $600 | $20,500 | — |
| 2022 | $124,536 | — | — | — | — |