Plan Ledger DOL Form 5500 · updated monthly

Viasat, Inc.401(k)

VIASAT, INC. 401(K) PROFIT SHARING PLAN · CARLSBAD, CA · plan year 2023

Reported admin expense ratio · 2023
0.09%

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

Viasat, Inc. reported $952,835 in plan administrative expenses for 2023: 0.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,369 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 fell from 0.092% to 0.086%. The plan sits in the over $1B size bracket, benchmarked here against 1,075 comparable plans and shown alongside other manufacturing employers. By assets it is the 119th-largest of 9,483 plans among California employers on file, and the 290th of 13,661 in manufacturing. In 2023, employees put in $2.57 for every $1.00 the employer contributed; active participation has shrunk from 5,130 to 4,405 since 2022.

Plan summary
Net assets, end of year$1,170,797,308
Participants with balances6,237
Active participants4,405
Employer contributions$28,056,876
Employee contributions$72,190,786
Employer contribution per active participant$6,369
Average account balance$187,718
Benefits paid to participants$109,528,622
Plan auditUnmodified (clean) audit opinion
AuditorKBF CPA'S LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.2B · 5,933 accts · $27.8M emplr
2023$1.2B · 6,237 accts · $28.1M emplr
2022$1.0B · 6,720 accts · $31.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$332,682
Investment management$606,193
Audit (IQPA)$12,760
Total administrative$952,835
The Viasat, Inc. 401(k) match · 2023
Employer contribution per active participant$6,369
Median for plans this size$5,237
2024$6,687 per active participant
2023$6,369 per active participant
2022$6,077 per active participant

Viasat, Inc.'s 2023 employer contribution ran above the $5,237 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ANNUITY INSURANCE COMPANY O · Loan processing · Recordkeeping$355,412
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants)$606,193

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,008,575 · 0.09%
2023$952,835 · 0.09%
2022$976,421 · 0.09%
Same employer
Similar plansManufacturing · California
Globalfoundries U.S. Inc. CA$1.2B · 0.04%
Teradata Corporation CA$1.2B · 0.02%
Trimble Inc. CA$1.1B · 0.07%
Intuitive Surgical, Inc. CA$1.0B · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330174996 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.