Plan Snapshot
- Plan Sponsor: Teradyne, INC. & Subsidiaries
- Sponsor EIN: 042272148
- Sponsor Address: 700 RIVERPARK DRIVE, NORTH READING, MA, 01864
- Plan Type: DB
- Total Participants: 329
- Total Assets: $81.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 329 | $81.6M | $0 | $0 |
| 2023 | 352 | $113.7M | $0 | $0 |
| 2022 | 402 | $112.0M | $0 | $0 |
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 |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | $41,156 | — | $41,156 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,156
- Estimated Expense Ratio: 0.050% 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 | $514,864 | $93,750 | $3,300 | $41,156 | — |
| 2023 | $533,722 | $125,000 | $3,300 | $37,634 | — |
| 2022 | $567,961 | $130,917 | $161,688 | — | $160,340 |