Plan Ledger DOL Form 5500 · updated monthly

Neophotonics Corporation401(k)

NEOPHOTONICS CORPORATION 401K PROFIT SHARING PLAN & TRUST · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Neophotonics Corporation reported $49,612 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $5,341 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 rose from 0.01% to 0.09%. 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 1,565th-largest of 9,483 plans among California employers on file, and the 2,815th of 13,661 in manufacturing. In 2024, employees put in $3.57 for every $1.00 the employer contributed; active participation has shrunk from 177 to 122 since 2022.

Plan summary
Net assets, end of year$58,308,373
Participants with balances271
Active participants122
Employer contributions$651,633
Employee contributions$2,329,408
Employer contribution per active participant$5,341
Average account balance$215,160
Benefits paid to participants$6,334,887
Plan auditUnmodified (clean) audit opinion
AuditorCRAWFORD PIMENTEL CORPORATION
Plan history3
Yearassets · accounts · employer contribution
2024$58.3M · 271 accts · $652K emplr
2023$52.4M · 302 accts · $491K emplr
2022$47.7M · 336 accts · $357K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,612
Total administrative$49,612
The Neophotonics Corporation 401(k) match · 2024
Employer contribution per active participant$5,341
Median for plans this size$3,635
2024$5,341 per active participant
2023$3,411 per active participant
2022$2,014 per active participant

Neophotonics Corporation's 2024 employer contribution ran above the $3,635 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$43,358
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$35,000

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

Recordkeeper by year2
2024The Standard
2023SAGEVIEW ADVISORY GROUP, LLC, Securian

This plan has changed recordkeepers within these filings. If you left Neophotonics Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$49,612 · 0.09%
2023$28,375 · 0.06%
2022$4,110 · 0.01%
Same employer
Similar plansManufacturing · California
Western Milling LLC CA$59.0M · 0.14%
Hi-Temp Insulation, Inc. CA$58.9M · 0.22%
Alphatec Spine, Inc. CA$58.6M · 0.27%
Accuride International Inc. CA$58.1M · 0.02%
Gcx Corporation CA$58.0M · 0.16%
Nor-Cal Beverage Co., Inc. CA$57.6M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943253730 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.