Plan Snapshot
- Plan Sponsor: Sierra Wireless America
- Sponsor EIN: 943338019
- Sponsor Address: 200 FLYNN RD, CAMARILLO, CA, 93012
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 0 | $0 | $0 | $0 |
| 2023 | 366 | $3.7M | $114,537 | $144,896 |
| 2022 | 176 | $38.4M | $490,953 | $2.5M |
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 | $53,382 | — | $53,382 |
| PKF SAN DIEGO, LLP | ACCOUNTANT/AUDITOR | $28,606 | — | $28,606 |
| MERCER INVESTMENT MANAGEMENT INC | ADVISOR | $28,418 | — | $28,418 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $110,406
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 | $4,027,065 | — | $2,279 | — | — |
| 2023 | $56,261 | $16,610 | — | $14,303 | — |
| 2022 | $77,614 | $9,051 | — | — | — |