Plan Snapshot
- Plan Sponsor: Spotify Usa INC.
- Sponsor EIN: 800555431
- Sponsor Address: 150 GREENWICH ST., NEW YORK, NY, 10007
- Plan Type: 401(k)
- Total Participants: 3,281
- Total Assets: $565.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,281 | $565.8M | $18.4M | $67.5M |
| 2023 | 4,115 | $453.3M | $20.8M | $71.6M |
| 2022 | 4,271 | $300.9M | $17.3M | $59.4M |
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 |
|---|---|---|---|---|
| CROWE LLP | 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 | $553,200 | — | — | — | — |
| 2023 | $527,255 | — | — | — | — |
| 2022 | $412,383 | — | — | — | — |