Plan Snapshot
- Plan Sponsor: Renesas Electronics America INC.
- Sponsor EIN: 942669985
- Sponsor Address: 6024 SILVER CREEK VALLEY ROAD, SAN JOSE, CA, 95138
- Plan Type: 401(k)
- Total Participants: 2,318
- Total Assets: $1.4B
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 2,318 | $1.4B | $18.3M | $42.9M |
| 2023 | 2,150 | $1.2B | $18.6M | $40.5M |
| 2022 | 1,803 | $995.3M | $13.5M | $30.2M |
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 |
|---|---|---|---|---|
| SAGEVIEW GROUP LLC | INVESTMENT ADVISOR | $102,006 | — | $102,006 |
| BAKER TILLY US, LLP | Auditor | $64,973 | — | $64,973 |
| MOSS ADAMS, LLP | ACCOUNTANT/AUDITOR | $33,075 | — | $33,075 |
| SILICON VALLEY ACCOUNTANCY CORPORA | ACCOUNTANT/AUDITOR | $31,898 | — | $31,898 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAGEVIEW GROUP LLC — INVESTMENT ADVISOR
- BAKER TILLY US, LLP — Auditor
- MOSS ADAMS, LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $231,952
- Estimated Expense Ratio: 0.017% 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 | $117,861 | $102,006 | $1,200 | $64,973 | — |
| 2023 | $125,448 | $1,893 | $1,500 | $58,500 | — |
| 2022 | $100,328 | — | — | — | — |