Plan Snapshot
- Plan Sponsor: Invensense, INC.
- Sponsor EIN: 010789977
- Sponsor Address: 1745 TECHNOLOGY DRIVE, SUITE 200, SAN JOSE, CA, 95110
- Plan Type: 401(k)
- Total Participants: 234
- Total Assets: $98.8M
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 | 234 | $98.8M | $2.4M | $6.0M |
| 2023 | 315 | $84.7M | $2.9M | $6.5M |
| 2022 | 328 | $64.9M | $2.9M | $6.5M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $10,537 | — | $10,537 |
| ARMANINO LLP | ACCOUNTANT/AUDITOR | $5,230 | — | $5,230 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- ARMANINO LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,767
- Estimated Expense Ratio: 0.016% 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 | -$84,831 | $10,537 | — | $5,230 | — |
| 2023 | -$129,953 | $5,202 | — | $3,000 | — |
| 2022 | -$4,523 | $960 | — | — | — |