Plan Ledger DOL Form 5500 · updated monthly

Psemi Corporation401(k)

PSEMI CORPORATION 401(K) PLAN · SAN DIEGO, CA · plan year 2025

Reported admin expense ratio · 2025
0.04%

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

Psemi Corporation reported $53,429 in plan administrative expenses for 2025: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,197 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 rose from 0.01% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other manufacturing employers. By assets it is the 713th-largest of 9,483 plans among California employers on file, and the 1,432nd of 13,661 in manufacturing. In 2025, employees put in $3.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$147,938,808
Participants with balances768
Active participants532
Employer contributions$3,296,706
Employee contributions$10,179,231
Employer contribution per active participant$6,197
Average account balance$192,629
Benefits paid to participants$7,352,013
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$147.9M · 768 accts · $3.3M emplr
2024$121.1M · 783 accts · $3.2M emplr
2023$99.4M · 790 accts · $3.0M emplr
2022$78.4M · 776 accts · $2.7M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$53,429
Total administrative$53,429
The Psemi Corporation 401(k) match · 2025
Employer contribution per active participant$6,197
Median for plans this size$4,093
2025$6,197 per active participant
2024$5,958 per active participant
2023$5,209 per active participant
2022$4,854 per active participant

Psemi Corporation's 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$54,279

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$53,429 · 0.04%
2024$60,540 · 0.05%
2023$7,400 · 0.01%
2022$5,275 · 0.01%
Same employer
Similar plansManufacturing · California
Basic American, Inc. CA$158.6M · 0.33%
Sunpower Corporation CA$155.4M · 0.03%
Harmonic Inc. CA$154.3M · 0.02%
Bourns, Inc. CA$148.3M · 0.05%
Power Integrations, Inc. CA$146.0M · 0.06%
Delicato Vineyards, LLC CA$145.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860652659 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.