Plan Snapshot
- Plan Sponsor: Mindtree Ltd.
- Sponsor EIN: 980215091
- Sponsor Address: 25 INDEPENDENCE BLVD STE 401, WARREN, NJ, 070592706
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $201,181 | $480,433 |
| 2023 | 2,124 | $75.9M | $5.1M | $11.8M |
| 2022 | 2,785 | $55.6M | $4.8M | $11.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $342,712 | — | $342,712 |
| KESTRA INVESTMENT SERVICES LLC | OTHER SERVICES | — | $82,942 | $82,942 |
| GELTRUDE & COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA INVESTMENT SERVICES LLC — OTHER SERVICES
- GELTRUDE & COMPANY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $425,654
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 | $22,864 | — | $22,864 | — | — |
| 2023 | $171,356 | — | $171,356 | — | — |
| 2022 | $181,871 | — | $181,871 | — | — |