Plan Snapshot
- Plan Sponsor: Thekey
- Sponsor EIN: 371616114
- Sponsor Address: 7777 FAY AVE, LA JOLLA, CA, 92037
- Plan Type: 401(k)
- Total Participants: 9,548
- Total Assets: $32.3M
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 | 9,548 | $32.3M | $2.2M | $5.8M |
| 2023 | 12,893 | $24.5M | $1.2M | $6.1M |
| 2022 | 10,639 | $17.0M | $983,759 | $4.9M |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $59,908 | $77,180 | $137,088 |
| SHAREBUILDER ADVISOR LLC | NONE | $129,500 | — | $129,500 |
| CRAWFORD PIMENTEL CORPORATION | Auditor | $4,805 | — | $4,805 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $271,393
- Estimated Expense Ratio: 0.841% 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 | $194,213 | $129,500 | $59,908 | $4,805 | — |
| 2023 | $130,470 | $93,437 | $37,033 | — | — |
| 2022 | $103,582 | $77,830 | $25,752 | — | — |