Plan Snapshot
- Plan Sponsor: Hcl America INC
- Sponsor EIN: 770205035
- Sponsor Address: 2600 GREAT AMERICA WAY, SANTA CLARA, CA, 950541169
- Plan Type: 401(k)
- Total Participants: 20,206
- Total Assets: $1.5B
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 | 20,206 | $1.5B | $55.1M | $136.1M |
| 2023 | 20,448 | $1.1B | $46.0M | $111.9M |
| 2022 | 16,387 | $878.8M | $40.8M | $97.8M |
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 |
|---|---|---|---|---|
| SILICON VALLEY ACCOUNTACY CORP. | 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 | $1,939,463 | $404,602 | $1,534,861 | — | — |
| 2023 | $1,433,369 | $334,442 | $1,098,927 | — | — |
| 2022 | $1,333,383 | $346,138 | $987,245 | — | — |