Plan Snapshot
- Plan Sponsor: Strivr Labs, INC.
- Sponsor EIN: 472715378
- Sponsor Address: 3520 THOMAS RD., SUITE C, SANTA CLARA, CA, 95054
- Plan Type: 401(k)
- Total Participants: 48
- Total Assets: $8.9M
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 | 48 | $8.9M | $49,391 | $902,916 |
| 2023 | 137 | $8.9M | $430,682 | $1.7M |
| 2022 | 135 | $6.0M | $612,490 | $1.4M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | $61,527 | $1 | $61,528 |
| THREE BELL CAPITAL | Other Service Provider | — | $27,665 | $27,665 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,193
- Estimated Expense Ratio: 1.005% 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 | $61,526 | — | $61,376 | — | — |
| 2023 | $42,016 | — | $41,716 | — | — |
| 2022 | $33,748 | — | — | — | — |