Plan Snapshot
- Plan Sponsor: Align Technology, INC.
- Sponsor EIN: 943267295
- Sponsor Address: 2820 ORCHARD PARKWAY, SAN JOSE, CA, 95134
- Plan Type: 401(k)
- Total Participants: 1,988
- Total Assets: $412.1M
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 | 1,988 | $412.1M | $9.4M | $33.0M |
| 2023 | 2,058 | $338.0M | $9.1M | $31.9M |
| 2022 | 2,212 | $263.7M | $9.7M | $31.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $209,426 | — | $209,426 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $103,097 | — | $103,097 |
| SAGEVIEW ADVISORY GROUP | INVESTMENT ADVISOR | $55,464 | — | $55,464 |
| MOSS ADAMS | ACCOUNTANT/AUDITOR | $45,590 | — | $45,590 |
| BAKER TILLY US, LLP | Auditor | $45,590 | — | $45,590 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- SAGEVIEW ADVISORY GROUP — INVESTMENT ADVISOR
- MOSS ADAMS — ACCOUNTANT/AUDITOR
- 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: $459,167
- Estimated Expense Ratio: 0.111% 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 | $413,577 | $158,561 | $300 | $45,590 | — |
| 2023 | $366,517 | $109,958 | $300 | $21,610 | — |
| 2022 | $367,462 | $94,289 | — | — | — |