Plan Snapshot
- Plan Sponsor: Whoop INC.
- Sponsor EIN: 454312359
- Sponsor Address: 1325 BOYLSTON STREET, STE 401, BOSTON, MA, 02215
- Plan Type: 401(k)
- Total Participants: 531
- Total Assets: $18.5M
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 | 531 | $18.5M | $0 | $4.6M |
| 2023 | 486 | $12.7M | $0 | $3.7M |
| 2022 | 453 | $7.9M | $0 | $3.6M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | SERVICE PROVIDER | — | $8,103 | $8,103 |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $7,313 | — | $7,313 |
| THE RETIREMENT ADVANTAGE, INC | THIRD PARTY ADMIN | — | $7,295 | $7,295 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — SERVICE PROVIDER
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,711
- Estimated Expense Ratio: 0.122% 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 | $17,632 | — | — | — | — |
| 2023 | $13,521 | — | — | — | — |
| 2022 | $9,385 | — | $9,385 | — | — |