Plan Snapshot
- Plan Sponsor: Western Digital Corporation
- Sponsor EIN: 330956711
- Sponsor Address: 5601 GREAT OAKS PARKWAY, SAN JOSE, CA, 95119
- Plan Type: 401(k)
- Total Participants: 6,598
- Total Assets: $2.5B
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 | 6,598 | $2.5B | $26.4M | $104.3M |
| 2023 | 6,558 | $2.2B | $4.6M | $100.1M |
| 2022 | 7,690 | $2.0B | $34.2M | $120.0M |
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 ANNUITY INS CO OF AMERICA | RECORDKEEPER | $340,002 | — | $340,002 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $158,493 | — | $158,493 |
| AON INVESTMENTS USA INC | INVESTMENT ADVISOR | $78,703 | — | $78,703 |
| SAGEVIEW ADVISORY GROUP, LLC | INVESTMENT ADVISOR | $52,500 | — | $52,500 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $41,488 | — | $41,488 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $33,539 | — | $33,539 |
| MOSS ADAMS LLP | AUDITOR | $29,400 | — | $29,400 |
| WITHUM BROWN AND SMITH PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAGEVIEW ADVISORY GROUP, LLC — INVESTMENT ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- WITHUM BROWN AND SMITH PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $734,125
- 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 |
|---|---|---|---|---|---|
| 2024 | $213,646 | $59,789 | — | — | — |
| 2023 | $829,981 | $349,630 | — | $28,350 | — |
| 2022 | $583,119 | $205,789 | — | — | $27,450 |