Plan Snapshot
- Plan Sponsor: Upstart Network, INC.
- Sponsor EIN: 454660612
- Sponsor Address: 2950 S. DELAWARE ST., SUITE 300, SAN MATEO, CA, 94403
- Plan Type: 401(k)
- Total Participants: 1,179
- Total Assets: $97.9M
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 | 1,179 | $97.9M | $4.9M | $17.1M |
| 2023 | 1,371 | $68.0M | $5.3M | $15.9M |
| 2022 | 1,860 | $39.9M | $5.8M | $15.7M |
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 |
|---|---|---|---|---|
| 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 | $85,277 | $53,807 | — | — | — |
| 2023 | $57,422 | $30,694 | — | — | — |
| 2022 | $22,266 | — | — | — | — |