Plan Snapshot
- Plan Sponsor: Flextronics International Usa, INC.
- Sponsor EIN: 943061570
- Sponsor Address: 12501B RESEARCH BLVD., AUSTIN, TX, 78759
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 16,483
- Total Assets: $1.3B
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. |
|---|---|---|---|---|
| 2025 | 16,483 | $1.3B | $0 | $0 |
| 2024 | 10,524 | $1.2B | $18.2M | $48.1M |
| 2023 | 7,310 | $1.1B | $18.9M | $49.2M |
| 2022 | 7,390 | $956.6M | $19.5M | $52.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $403,849 | — | $403,849 |
| FINANCIAL ENGINES | Investment Advisor | $300,196 | — | $300,196 |
| HOLTHOUSE CARLIN & VAN TRIGT LLP | Auditor | $36,293 | — | $36,293 |
| SAGEVIEW ADVISORY GR | Other Service Provider | $26,790 | — | $26,790 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $767,128
- Estimated Expense Ratio: 0.058% 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 | $136,824,874 | $411,805 | $2,700 | — | — |
| 2024 | $837,990 | $402,623 | $900 | — | — |
| 2023 | $712,016 | $355,481 | $1,200 | — | — |
| 2022 | $802,989 | $170,271 | — | — | — |