Plan Snapshot
- Plan Sponsor: Formfactor, INC.
- Sponsor EIN: 133711155
- Sponsor Address: 7005 SOUTHFRONT ROAD, LIVERMORE, CA, 94551
- Plan Type: 401(k)
- Total Participants: 1,648
- Total Assets: $276.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,648 | $276.8M | $2.6M | $15.3M |
| 2023 | 1,487 | $241.7M | $2.3M | $13.1M |
| 2022 | 1,439 | $201.7M | $2.5M | $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 |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | NONE | $158,875 | — | $158,875 |
| SAGEVIEW ADVISORY GROUP LLC | NONE | $57,447 | — | $57,447 |
| PKF | NONE | $11,025 | — | $11,025 |
| PKF SAN DIEGO, LLP | Auditor | $11,025 | — | $11,025 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $238,372
- Estimated Expense Ratio: 0.086% 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 | $320,335 | $1,139 | — | $11,025 | — |
| 2023 | $312,576 | — | — | $36,978 | — |
| 2022 | $322,618 | — | — | — | $60,462 |