Retirement plan

SAUCE LABS, INC. 401(K) PROFIT SHARING PLAN

Name: SAUCE LABS, INC. - SAUCE LABS, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: SAUCE LABS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAUCE LABS, INC. 401(K) PROFIT SHARING PLAN, SAUCE LABS, INC.

SAUCE LABS, INC.EIN 26-3238445Plan #001PY 2024

450 SANSOME STREET, 9TH FLOOR - SAN FRANCISCO, CA 94111855-677-0011saucelabs.comLinkedIn201-500 employeescomputer software

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$22.9M

+6.9% from 2023

Total participants

428

+18.2% from 2023

Average account balance

$54,197

-11.5% from 2023

Annual return

17.28%

-4.90 pp from 2023

Benchmarks

See 6,278 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,278 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$22.93M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$54K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

423

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

96.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.08M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.28%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$116

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
RETIREMENT ADMINISTRATION, INC.7 years Service code 49 · EIN 94-2646743 1669 HOLLENBECK AVENUE, SUITE 2-508 · SUNNYVALE, CA 94087	Other Services	$22,200
NEWFRONT RETIREMENT SERVICES INC1 year Filed as: NEWFRONT RETIREMENT SERVICES Service code 99 · EIN 71-0294708 550 CALIFORNIA STREET SUITE 302 · SAN FRANCISCO, CA 94104	Other Fees	$0
THREE BELL CAPITAL LLC5 years Filed as: THREE BELL CAPITAL, LLC Service code 99 · EIN 45-3567626 4 MAIN STREET, STE 230 · LOS ALTOS, CA 94022	Other Fees	$0
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 64 · EIN 71-0294708	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2G2J2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$49K

$314 / participant

Investment mgmt$49K100.0%

% of EOY assets

0.214%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,197

$101,672-46.7%

$147,117-63.2%

$74,478-27.2%

Participation rate

96.8%

75.5%+21.2pp

82.2%+14.6pp

67.2%+29.6pp

Annual return

17.28%

8757.83%-8740.5pp

420.54%-403.3pp

1370.56%-1353.3pp

Employer contribution / active EE

$3,954

$3,813+3.7%

$4,932-19.8%

$2,626+50.6%

Participant deferral / active EE

$15,817

$7,305+116.5%

$8,065+96.1%

$4,350+263.6%

Admin fee / account holder

$116

$1,753-93.4%

$12,993-99.1%

$1,946-94.1%

Provider

Service type

Compensation

RETIREMENT ADMINISTRATION, INC.7 years

Service code 49 · EIN 94-2646743

1669 HOLLENBECK AVENUE, SUITE 2-508 · SUNNYVALE, CA 94087

Other Services

$22,200

NEWFRONT RETIREMENT SERVICES INC1 year

Filed as: NEWFRONT RETIREMENT SERVICES

Service code 99 · EIN 71-0294708

550 CALIFORNIA STREET SUITE 302 · SAN FRANCISCO, CA 94104

Other Fees

THREE BELL CAPITAL LLC5 years

Filed as: THREE BELL CAPITAL, LLC

Service code 99 · EIN 45-3567626

4 MAIN STREET, STE 230 · LOS ALTOS, CA 94022

Other Fees

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 64 · EIN 71-0294708

Recordkeeping Fees

SAUCE LABS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAUCE LABS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion