Plan Snapshot
- Plan Sponsor: Intevac, INC.
- Sponsor EIN: 943125814
- Sponsor Address: 3560 BASSETT STREET, SANTA CLARA, CA, 95054
- Plan Type: 401(k)
- Total Participants: 51
- Total Assets: $44.4M
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. |
|---|---|---|---|---|
| 2024 | 51 | $44.4M | $151,623 | $1.1M |
| 2023 | 74 | $42.8M | $154,054 | $1.1M |
| 2022 | 93 | $39.9M | $153,826 | $1.1M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $41,424 | — | $41,424 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $29,787 | — | $29,787 |
| AUDIT AND TAX SOLUTIONS CPAS, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AUDIT AND TAX SOLUTIONS CPAS, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,211
- Estimated Expense Ratio: 0.160% 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 | $74,248 | $44,461 | — | — | — |
| 2023 | $69,749 | $42,974 | — | — | — |
| 2022 | $92,070 | — | $92,070 | — | — |