Plan Snapshot
- Plan Sponsor: Seagate U.S. LLC
- Sponsor EIN: 770545987
- Sponsor Address: 47488 KATO RD, FREMONT, CA, 94538
- Plan Type: 401(k)
- Total Participants: 3,104
- Total Assets: $2.3B
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 | 3,104 | $2.3B | $10.9M | $51.1M |
| 2023 | 3,205 | $2.1B | $12.4M | $57.1M |
| 2022 | 4,188 | $2.0B | $15.5M | $69.3M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $242,548 | — | $242,548 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $108,057 | — | $108,057 |
| CALLAN | INVESTMENT ADVISOR | $81,983 | — | $81,983 |
| MOSS ADAMS LLP | ACCOUNTANT/AUDITOR | $34,800 | — | $34,800 |
| BAKER TILLY US, LLP | Auditor | $34,800 | — | $34,800 |
| NFP RETIREMENT, INC | CONSULTANT | $27,500 | — | $27,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MOSS ADAMS LLP — ACCOUNTANT/AUDITOR
- BAKER TILLY US, LLP — Auditor
- NFP RETIREMENT, INC — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $529,688
- Estimated Expense Ratio: 0.023% 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 | $517,640 | $244,892 | $600 | $34,800 | — |
| 2023 | $507,533 | $280,472 | — | $33,150 | — |
| 2022 | $599,554 | $302,632 | — | — | — |