Plan Snapshot
- Plan Sponsor: Avaya INC.
- Sponsor EIN: 223713430
- Sponsor Address: 350 MOUNT KEMBLE, MORRISTOWN, NJ, 07960
- Plan Type: 401(k)
- Total Participants: 282
- Total Assets: $166.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 282 | $166.8M | $626,996 | $1.9M |
| 2023 | 224 | $160.8M | $678,651 | $1.9M |
| 2022 | 262 | $149.8M | $774,173 | $2.2M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | Investment Advisor | $95,399 | — | $95,399 |
| CROWE HORWATH LLP | Auditor | $26,232 | — | $26,232 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $16,534 | — | $16,534 |
| SAGEVIEW ADVISORY GROUP LLC | Investment Advisor | $11,884 | — | $11,884 |
| KING & SPALDING LLP | ERISA Attorney | $6,323 | — | $6,323 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- SAGEVIEW ADVISORY GROUP LLC — Investment Advisor
- KING & SPALDING LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $156,372
- Estimated Expense Ratio: 0.094% 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 | $156,174 | $95,399 | — | $26,232 | — |
| 2023 | $177,752 | $89,593 | — | $29,987 | — |
| 2022 | $166,707 | $94,926 | — | — | — |