Plan Snapshot
- Plan Sponsor: Mavenir Systems, INC.
- Sponsor EIN: 611489105
- Sponsor Address: 1700 INTERNATIONAL PARKWAY, RICHARDSON, TX, 75081
- Plan Type: 401(k)
- Total Participants: 404
- Total Assets: $197.2M
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 | 404 | $197.2M | $1.8M | $6.1M |
| 2023 | 413 | $164.3M | $1.8M | $5.7M |
| 2022 | 566 | $139.4M | $2.6M | $8.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $75,021 | — | $75,021 |
| CAPTRUST | INVESTMENT ADVISOR | $60,000 | — | $60,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $28,357 | — | $28,357 |
| CARON & BLETZER PLLC | ACCOUNTANT/AUDITOR | $14,600 | — | $14,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CAPTRUST — INVESTMENT ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- CARON & BLETZER PLLC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $177,978
- Estimated Expense Ratio: 0.090% 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 | $356,745 | $181,943 | — | $14,600 | — |
| 2023 | $320,606 | $88,645 | — | $13,700 | — |
| 2022 | $81,419 | $22,705 | — | — | — |