Plan Ledger DOL Form 5500 · updated monthly

Emcore Corporation401(k)

EMCORE CORPORATION 401(K) PLAN · ALHAMBRA, CA · plan year 2023

Reported admin expense ratio · 2023
0.12%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Emcore Corporation reported $153,531 in plan administrative expenses for 2023: 0.12% of average plan assets, below the peer median. Employer contributions averaged $4,263 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.16% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 776th-largest of 9,483 plans among California employers on file, and the 1,527th of 13,661 in manufacturing. In 2023, employees put in $2.78 for every $1.00 the employer contributed; active participation has shrunk from 431 to 346 since 2022.

Plan summary
Net assets, end of year$135,835,349
Participants with balances966
Active participants346
Employer contributions$1,474,947
Employee contributions$4,103,696
Employer contribution per active participant$4,263
Average account balance$140,616
Benefits paid to participants$12,964,454
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$134.9M · 842 accts · $950K emplr
2023$135.8M · 966 accts · $1.5M emplr
2022$122.7M · 1,027 accts · $1.2M emplr
The Emcore Corporation 401(k) match · 2023
Employer contribution per active participant$4,263
Median for plans this size$3,659
2024$3,848 per active participant
2023$4,263 per active participant
2022$2,751 per active participant

Emcore Corporation's 2023 employer contribution ran above the $3,659 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$82,929
VANGUARD ADVISERS INC. · Investment advisory (participants)$34,052
MMA SECURITIES LLC · Investment advisory (plan)$32,500
BPM LLP$5,350

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$202,316 · 0.15%
2023$153,531 · 0.12%
2022$213,492 · 0.16%
Same employer
Similar plansManufacturing · California
Ushio America, Inc. CA$137.9M · 0.10%
Belkin International, Inc. CA$137.0M · 0.12%
Alps Alpine CA$136.2M
Tandem Diabetes Care, Inc. CA$136.0M · 0.28%
The Wine Group, Inc. CA$135.6M · 0.23%
New-Indy Containerboard, LLC CA$135.6M · 0.15%
Nevro Corp. CA$133.1M · 0.08%
Pelican Products, Inc. CA$132.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222746503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.