Plan Snapshot
- Plan Sponsor: Rocket Lab Usa INC.
- Sponsor EIN: 981550340
- Sponsor Address: 3881 MCGOWEN ST., LONG BEACH, CA, 90808
- Plan Type: 401(k)
- Total Participants: 1,240
- Total Assets: $62.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,240 | $62.0M | $2.2M | $8.9M |
| 2023 | 922 | $49.5M | $1.8M | $4.4M |
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 | $56,551 | — | $56,551 |
| MARCUM LLP | ACCOUNTANT/AUDITOR | $34,505 | — | $34,505 |
| CBIZ CPAS P.C. | Auditor | $34,505 | — | $34,505 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $5,731 | — | $5,731 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $131,292
- Estimated Expense Ratio: 0.212% 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 | $96,787 | $5,731 | $1,500 | $34,505 | — |
| 2023 | $102,326 | $4,623 | — | — | — |