Plan Snapshot
- Plan Sponsor: Spirent Communications, INC.
- Sponsor EIN: 113572676
- Sponsor Address: 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA, CA, 95403
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,286
- Total Assets: $433.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 1,286 | $433.8M | $0 | $0 |
| 2024 | 799 | $449.7M | $4.8M | $13.4M |
| 2023 | 836 | $402.7M | $5.1M | $14.0M |
| 2022 | 944 | $346.6M | $5.0M | $13.8M |
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 |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | Other Service Provider | $65,799 | — | $65,799 |
| GLOBAL RETIREMENT PARTNERS, LLC | Other Service Provider | $33,000 | — | $33,000 |
| CLIFTON LARSON ALLEN LLP | Other Service Provider | $21,000 | — | $21,000 |
| MORNINGSTAR | Other Service Provider | $10,577 | — | $10,577 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $130,376
- Estimated Expense Ratio: 0.030% 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 |
|---|---|---|---|---|---|
| 2025 | $102,219,171 | — | — | — | — |
| 2024 | $129,301 | — | $107,041 | $22,260 | — |
| 2023 | $130,563 | $42,385 | $65,918 | $22,260 | — |
| 2022 | $152,609 | $8,030 | $94,622 | — | $49,957 |