Plan Snapshot
- Plan Sponsor: Digi-Key Corporation
- Sponsor EIN: 411234968
- Sponsor Address: 701 BROOKS AVE SOUTH, THIEF RIVER FALLS, MN, 56701
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 4,933
- Total Assets: $566.3M
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. |
|---|---|---|---|---|
| 2025 | 4,933 | $566.3M | $0 | $0 |
| 2024 | 3,776 | $490.8M | $16.9M | $22.8M |
| 2023 | 3,964 | $443.8M | $17.6M | $23.1M |
| 2022 | 4,019 | $372.4M | $16.7M | $21.7M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Other Service Provider | $624,074 | — | $624,074 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $624,074
- Estimated Expense Ratio: 0.110% 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 |
|---|---|---|---|---|---|
| 2025 | $47,214,260 | $391,495 | — | — | — |
| 2024 | $568,274 | — | — | — | — |
| 2023 | $473,475 | — | — | — | — |
| 2022 | $445,179 | — | $445,179 | — | — |