Plan Ledger DOL Form 5500 · updated monthly

Infinera Corporation401(k)

INFINERA 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Infinera Corporation reported $213,656 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $2,402 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 3 years on file its reported administrative ratio fell from 0.08% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 356th-largest of 9,483 plans among California employers on file, and the 739th of 13,661 in manufacturing. In 2024, employees put in $7.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$359,938,052
Participants with balances1,733
Active participants1,235
Employer contributions$2,966,000
Employee contributions$22,396,850
Employer contribution per active participant$2,402
Average account balance$207,697
Benefits paid to participants$41,550,417
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$170.8M · 851 accts · $1.6M emplr
2024$359.9M · 1,733 accts · $3.0M emplr
2023$324.3M · 1,777 accts · $3.0M emplr
2022$267.0M · 1,742 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,857
Investment management$128,799
Total administrative$213,656
The Infinera Corporation 401(k) match · 2024
Employer contribution per active participant$2,402
Median for plans this size$4,294
2024$2,402 per active participant
2023$2,358 per active participant
2022$2,349 per active participant

Infinera Corporation's 2024 employer contribution ran below the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$99,742
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$85,291
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$29,057

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

Administrative cost history4
2025$134,720 · 0.05%
2024$213,656 · 0.06%
2023$236,007 · 0.08%
2022$245,468 · 0.08%
Same employer
Similar plansManufacturing · California
Jazz Pharmaceuticals, Inc. CA$373.8M · 0.03%
Sunrun Inc. CA$366.3M · 0.35%
Logitech Inc. CA$360.1M · 0.07%
Topgolf Callaway Brands Corp CA$357.4M · 0.12%
Haas Automation, Inc. CA$356.1M · 0.02%
Ventura Foods, LLC CA$344.5M · 0.07%
Sutter Home Winery, Inc. CA$341.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770560433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.