Plan Snapshot
- Plan Sponsor: Aveva INC.
- Sponsor EIN: 061136974
- Sponsor Address: 920 MEMORIAL CITY WAY, HOUSTON, TX, 77024
- Plan Type: 401(k)
- Total Participants: 1,691
- Total Assets: $485.9M
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 | 1,691 | $485.9M | $13.0M | $24.4M |
| 2023 | 921 | $165.2M | $8.9M | $15.6M |
| 2022 | 866 | $126.3M | $8.4M | $14.0M |
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. | ADVISOR | $49,093 | — | $49,093 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $48,450 | — | $48,450 |
| SILICON VALLEY ACCOUNTANCY CORPORA | ACCOUNTANT/AUDITOR | $41,688 | — | $41,688 |
| WITHUMSMITH BROWN P.C. | Auditor | $41,688 | — | $41,688 |
| PRECEPT ADVISORY GROUP LLC | INVESTMENT ADVISOR | $39,583 | — | $39,583 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- WITHUMSMITH BROWN P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $220,502
- Estimated Expense Ratio: 0.045% 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 | $167,538 | $49,093 | $300 | $41,688 | — |
| 2023 | $70,712 | $16,874 | $600 | — | — |
| 2022 | $86,418 | $8,031 | — | — | — |