Plan Snapshot
- Plan Sponsor: Power Integrations, INC.
- Sponsor EIN: 943065014
- Sponsor Address: 5245 HELLYER AVE, SAN JOSE, CA, 95138
- Plan Type: DC
- Total Participants: 336
- Total Assets: $146.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 336 | $146.0M | $2.1M | $6.9M |
| 2023 | 341 | $123.2M | $2.0M | $6.6M |
| 2022 | 346 | $102.6M | $1.9M | $6.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $44,908 | — | $44,908 |
| WELLS FARGO CLEARING SERVICES LLC | ADVISOR | $34,000 | — | $34,000 |
| MILLER, KAPLAN, ARASE & CO. LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MILLER, KAPLAN, ARASE & CO. LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,908
- Estimated Expense Ratio: 0.054% 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 | $78,908 | $34,000 | — | — | — |
| 2023 | $84,607 | $34,000 | — | — | — |
| 2022 | $80,818 | — | — | — | — |