Plan Snapshot
- Plan Sponsor: Avaya INC.
- Sponsor EIN: 223713430
- Sponsor Address: 350 MOUNT KEMBLE AVENUE, MORRISTOWN, NJ, 07960
- Plan Type: Health & Welfare
- Plan Number: 553
- Total Participants: 0
- Total Assets: $7.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $7.8M | $1.2M | $0 |
| 2023 | 0 | $8.0M | $10.9M | -$6,894 |
| 2022 | 0 | $7.7M | $8.6M | $8,403 |
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 |
|---|---|---|---|---|
| ADP | Other Service Provider | $32,726 | — | $32,726 |
| VIABENEFITS | Recordkeeper | $25,420 | — | $25,420 |
| CROWE LLP | Other Service Provider | $20,953 | — | $20,953 |
| AON CONSULTING, INC | Recordkeeper | $20,239 | — | $20,239 |
| AETNA | Other Service Provider | $13,004 | — | $13,004 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $12,943 | — | $12,943 |
| SAGEVIEW ADVISORY GROUP LLC | Investment Advisor | $11,531 | — | $11,531 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VIABENEFITS — Recordkeeper
- AON CONSULTING, INC — Recordkeeper
- SAGEVIEW ADVISORY GROUP LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $136,816
- Estimated Expense Ratio: 1.743% 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 | $160,143 | $21,214 | $105,033 | $20,953 | — |
| 2023 | $541,325 | $2,274 | $376,400 | $26,592 | — |
| 2022 | $596,333 | $519,913 | $39,521 | — | $37,527 |