Plan Snapshot
- Plan Sponsor: Sumup, INC.
- Sponsor EIN: 473947957
- Sponsor Address: 2000 CENTRAL AVE, BOULDER, CO, 80301
- Plan Type: 401(k)
- Total Participants: 219
- Total Assets: $13.7M
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. |
|---|---|---|---|---|
| 2024 | 219 | $13.7M | $607,071 | $1.6M |
| 2023 | 62 | $1.8M | $137,713 | $358,847 |
| 2022 | 64 | $1.2M | $153,892 | $390,742 |
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 |
|---|---|---|---|---|
| SILICON VALLEY ACCOUNTANCY CORP | 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 | $34,778 | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |