Plan Snapshot
- Plan Sponsor: Verkada, INC.
- Sponsor EIN: 813505155
- Sponsor Address: 406 E 3RD AVE, SAN MATEO, CA, 94401
- Plan Type: 401(k)
- Total Participants: 1,735
- Total Assets: $53.4M
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 | 1,735 | $53.4M | $0 | $14.8M |
| 2023 | 1,637 | $31.5M | $0 | $11.0M |
| 2022 | 1,339 | $17.2M | $0 | $7.4M |
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 |
|---|---|---|---|---|
| SENSIBA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SENSIBA LLP — Auditor
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 | $49,806 | $30,000 | $17,260 | — | — |
| 2023 | $40,934 | $33,014 | $7,920 | — | — |
| 2022 | $37,691 | $31,746 | $5,945 | — | — |