Plan Snapshot
- Plan Sponsor: Viasat, INC.
- Sponsor EIN: 330174996
- Sponsor Address: 6155 EL CAMINO REAL, CARLSBAD, CA, 92009
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 4,158
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 4,158 | $1.2B | $27.8M | $67.2M |
| 2023 | 4,405 | $1.2B | $28.1M | $72.2M |
| 2022 | 5,130 | $1.0B | $31.2M | $75.5M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | Other Service Provider | $685,899 | — | $685,899 |
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $261,301 | — | $261,301 |
| RPA FINANCIAL LLC | Other Service Provider | $60,000 | — | $60,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,007,200
- Estimated Expense Ratio: 0.086% 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 | $1,008,575 | $745,899 | — | — | — |
| 2023 | $952,835 | $606,193 | — | $12,760 | — |
| 2022 | $976,421 | $592,766 | — | — | $900 |