Plan Ledger DOL Form 5500 · updated monthly

Harmonic Inc.401(k)

HARMONIC INC. 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Harmonic Inc. reported $35,412 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $772 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 0.03% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 680th-largest of 9,483 plans among California employers on file, and the 1,391st of 13,661 in manufacturing. In 2024, employees put in $20.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$154,294,415
Participants with balances561
Active participants345
Employer contributions$266,348
Employee contributions$5,387,160
Employer contribution per active participant$772
Average account balance$275,035
Benefits paid to participants$14,291,883
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH+BROWN,PC
Plan history3
Yearassets · accounts · employer contribution
2024$154.3M · 561 accts · $266K emplr
2023$138.7M · 600 accts · $287K emplr
2022$115.9M · 613 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,690
Investment management$29,422
Total administrative$35,412
The Harmonic Inc. 401(k) match · 2024
Employer contribution per active participant$772
Median for plans this size$3,635
2024$772 per active participant
2023$737 per active participant
2022$765 per active participant

Harmonic Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$23,976
STEELPEAK WEALTH LLC · Investment advisory (participants)$6,821
DYNAMIC WEALTH ADVISORS · Investment advisory (participants)$5,259
CHARLES SCHWAB & CO., INC. · Securities brokerage$1,170

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$35,412 · 0.02%
2023$38,382 · 0.03%
2022$42,464 · 0.03%
Same employer
Similar plansManufacturing · California
Georg Fischer Signet LLC CA$159.1M · 0.13%
Basic American, Inc. CA$158.6M · 0.33%
Sunpower Corporation CA$155.4M · 0.03%
Bourns, Inc. CA$148.3M · 0.05%
Psemi Corporation CA$147.9M · 0.04%
Power Integrations, Inc. CA$146.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770201147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.