Plan Snapshot
- Plan Sponsor: Netease Information Technology Corp.
- Sponsor EIN: 465765555
- Sponsor Address: 220 PROGRESS, IRVINE, CA, 92618
- Plan Type: 401(k)
- Total Participants: 332
- Total Assets: $19.7M
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 | 332 | $19.7M | $3.2M | $4.8M |
| 2023 | 329 | $9.1M | $2.0M | $3.0M |
| 2022 | 122 | $2.7M | $476,271 | $801,635 |
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 | $38,340 | — | $38,340 |
| SILICON VALLEY RETIREMENT SERVICES | ADVISOR | $11,355 | — | $11,355 |
| SILICON VALLEY ACCOUNTANCY CORP | ACCOUNTANT/AUDITOR | $5,475 | — | $5,475 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- SILICON VALLEY RETIREMENT SERVICES — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,170
- Estimated Expense Ratio: 0.280% 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 | $55,170 | $11,355 | — | $5,475 | — |
| 2023 | $18,395 | — | — | — | — |
| 2022 | — | — | — | — | — |