Plan Snapshot
- Plan Sponsor: Monolithic Power Systems, INC.
- Sponsor EIN: 770466789
- Sponsor Address: 79 GREAT OAKS BLVD, SAN JOSE, CA, 95119
- Plan Type: 401(k)
- Total Participants: 428
- Total Assets: $91.0M
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 | 428 | $91.0M | $0 | $6.9M |
| 2023 | 406 | $72.3M | $0 | $6.2M |
| 2022 | 350 | $54.5M | $0 | $5.0M |
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 |
|---|---|---|---|---|
| SILICON VALLEY ACCOUNTANCY CORP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | -$15,312 | $3,712 | — | — | — |
| 2023 | -$13,710 | $2,472 | — | — | — |
| 2022 | -$12,131 | $6 | — | — | — |