Plan Snapshot
- Plan Sponsor: Vapotherm, INC.
- Sponsor EIN: 462259298
- Sponsor Address: 100 DOMAIN DRIVE, EXETER, NH, 03833
- Plan Type: 401(k)
- Total Participants: 144
- Total Assets: $21.9M
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 | 144 | $21.9M | $360,590 | $1.6M |
| 2023 | 161 | $18.8M | $493,342 | $1.9M |
| 2022 | 218 | $16.7M | $844,257 | $2.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $60,950 | — | $60,950 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Other Service Provider | $58,870 | — | $58,870 |
| THE MANDMARBLESTONE GROUP LLC | Recordkeeper | $5,412 | $9,639 | $15,051 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $134,871
- Estimated Expense Ratio: 0.615% 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 | $125,232 | $18,270 | $66,362 | — | — |
| 2023 | $120,046 | $16,057 | $68,457 | — | — |
| 2022 | $144,387 | $15,701 | $93,793 | — | $34,893 |