Plan Snapshot
- Plan Sponsor: Advantech Corporation
- Sponsor EIN: 680144624
- Sponsor Address: 380 FAIRVIEW WAY, MILPITAS, CA, 95035
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 734
- Total Assets: $101.8M
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. |
|---|---|---|---|---|
| 2025 | 734 | $101.8M | $0 | $0 |
| 2024 | 514 | $86.5M | $1.1M | $4.9M |
| 2023 | 517 | $76.9M | $1.1M | $4.8M |
| 2022 | 490 | $62.5M | $989,613 | $4.4M |
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 |
|---|---|---|---|---|
| WELLTH ADVISORY SERVICES, LLC | Investment Advisor | $61,028 | — | $61,028 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $29,583 | — | $29,583 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $90,611
- Estimated Expense Ratio: 0.089% 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 |
|---|---|---|---|---|---|
| 2025 | $5,761,312 | $53,901 | $300 | — | — |
| 2024 | $43,711 | $19,716 | — | — | — |
| 2023 | $33,089 | $18,853 | — | — | — |
| 2022 | $32,522 | $14,072 | — | — | — |