Plan Snapshot
- Plan Sponsor: Commscope, INC.
- Sponsor EIN: 364135495
- Sponsor Address: C/O BENEFITS DEPARTMENT, CLAREMONT, NC, 28610
- Plan Type: 401(k)
- Total Participants: 4,135
- Total Assets: $2.1B
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 | 4,135 | $2.1B | $32.7M | $52.8M |
| 2023 | 4,773 | $2.0B | $26.2M | $68.3M |
| 2022 | 6,109 | $1.9B | $47.7M | $73.4M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $1,112,746 | — | — | — | — |
| 2023 | $1,145,135 | $700,145 | — | — | — |
| 2022 | $1,146,199 | — | — | — | — |