Plan Ledger DOL Form 5500 · updated monthly

Plantronics, Inc.401(k)

PLANTRONICS, INC. 401(K) PLAN · SANTA CRUZ, CA · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Plantronics, Inc. reported $34,667 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,689 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.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other manufacturing employers. By assets it is the 441st-largest of 9,483 plans among California employers on file, and the 929th of 13,661 in manufacturing. In 2022, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$272,100,747
Participants with balances1,695
Active participants1,406
Employer contributions$7,999,276
Employee contributions$15,089,332
Employer contribution per active participant$5,689
Average account balance$160,531
Benefits paid to participants$263,965,000
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $441K emplr
2022$272.1M · 1,695 accts · $8.0M emplr
Administrative expenses, itemized · 2022
Investment management$44,090
Total administrative$34,667
The Plantronics, Inc. 401(k) match · 2022
Employer contribution per active participant$5,689
Median for plans this size$4,065

Plantronics, Inc.'s 2022 employer contribution ran above the $4,065 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$34,667 · 0.01%
Similar plansManufacturing · California
Formfactor, Inc. CA$276.8M · 0.12%
Cohu, Inc. CA$274.3M · 0.00%
Niagara Bottling, LLC CA$272.3M · 0.10%
Lumentum Operations LLC CA$271.5M · 0.04%
Riverbed Technology LLC CA$270.9M · 0.04%
Osi Systems, Inc. CA$269.8M · 0.10%
Quantum Corporation CA$267.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770207692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.