Plan Ledger DOL Form 5500 · updated monthly

Intevac, Inc.401(k)

INTEVAC, INC. 401(K) PROFIT SHARING PLAN AND TRUST · SANTA CLARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Intevac, Inc. reported $74,248 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $2,973 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 has held roughly steady near 0.170%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,949th-largest of 9,483 plans among California employers on file, and the 3,423rd of 13,661 in manufacturing. In 2024, employees put in $7.15 for every $1.00 the employer contributed; active participation has shrunk from 93 to 51 since 2022.

Plan summary
Net assets, end of year$44,394,268
Participants with balances224
Active participants51
Employer contributions$151,623
Employee contributions$1,084,335
Employer contribution per active participant$2,973
Average account balance$198,189
Benefits paid to participants$6,640,211
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT AND TAX SOLUTIONS CPAS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$44.4M · 224 accts · $152K emplr
2023$42.8M · 237 accts · $154K emplr
2022$39.9M · 242 accts · $154K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,787
Investment management$44,461
Total administrative$74,248
The Intevac, Inc. 401(k) match · 2024
Employer contribution per active participant$2,973
Median for plans this size$2,416
2024$2,973 per active participant
2023$2,082 per active participant
2022$1,654 per active participant

Intevac, Inc.'s 2024 employer contribution ran above the $2,416 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
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$41,424
EMPOWER ADVISORY GROUP, LLC · Investment management$3,037

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

Administrative cost history3
2024$74,248 · 0.17%
2023$69,749 · 0.17%
2022$92,070 · 0.17%
Similar plansManufacturing · California
Fit Electronics, Inc. CA$45.1M · 0.16%
Sciton Inc. CA$44.8M · 0.18%
Ips Corporation CA$44.8M · 0.43%
Presidio Components, Inc. CA$44.8M · 0.04%
Uss-Upi, LLC CA$44.4M · 0.18%
Nice North America LLC CA$44.1M · 0.31%
Umc Group (USA) CA$43.7M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943125814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.