Plan Snapshot
- Plan Sponsor: Inmarsat, INC.
- Sponsor EIN: 522181563
- Sponsor Address: 1441 L STREET N.W., WASHINGTON, DC, 20005
- Plan Type: 401(k)
- Total Participants: 99
- Total Assets: $51.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 99 | $51.7M | $742,591 | $1.3M |
| 2023 | 109 | $47.5M | $835,333 | $1.4M |
| 2022 | 112 | $42.1M | $720,970 | $1.2M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $33,577 | — | $33,577 |
| GALLAGHER FIDUCIARY ADVISORS LLC | NONE | $20,000 | — | $20,000 |
| CBIZ BENEFITS & INS SERVICES | NONE | $18,807 | — | $18,807 |
| BERNARD ROBINSON & COMPANY, L.L.P. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- GALLAGHER FIDUCIARY ADVISORS LLC — NONE
- BERNARD ROBINSON & COMPANY, L.L.P. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,384
- Estimated Expense Ratio: 0.140% 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 | $72,384 | — | — | — | — |
| 2023 | $67,997 | — | — | — | — |
| 2022 | $63,931 | — | — | — | — |