Employers › Illumina
Recordkeeping fees per participant · Illumina, Inc. 401(k) Plan · plan year 2024
$39.76
Higher than 64% of the 790 plans over $1B that report it.
= $298,188 / 7,500
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250522164643NAL0002778387001, received 2025-05-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250522164643NAL0002778387001, received 2025-05-22
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-05-22.
Administrative expenses excluding investment management, per participant
$44.47
Higher than 50% of the 1,045 plans over $1B that report it.
= $333,513 / 7,500
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250522164643NAL0002778387001, received 2025-05-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250522164643NAL0002778387001, received 2025-05-22
Administrative expenses per participant
$51.67
Higher than 32% of the 1,076 plans over $1B that report it.
= $387,513 / 7,500
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250522164643NAL0002778387001, received 2025-05-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250522164643NAL0002778387001, received 2025-05-22
Administrative expenses as a share of assets
0.035%
Higher than 36% of the 1,076 plans over $1B that report it.
= $387,513 / $1,102,929,080
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250522164643NAL0002778387001, received 2025-05-22
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250522164643NAL0002778387001, received 2025-05-22
Employer contributions per participant
$2,675
Higher than 31% of the 1,135 plans over $1B that report it.
= $20,063,656 / 7,500
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250522164643NAL0002778387001, received 2025-05-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250522164643NAL0002778387001, received 2025-05-22
Employer share of total contributions
20.0%
Higher than 10% of the 1,135 plans over $1B that report it.
= $20,063,656 / $100,213,030
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250522164643NAL0002778387001, received 2025-05-22
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250522164643NAL0002778387001, received 2025-05-22
Plan terms are described in Illumina, Inc.'s SEC filings: Form 10-K filed 2026-02-12. No term could be quoted from them with the required precision.
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 2E profit-sharing · 3D IRS pre-approved plan · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250522164643NAL0002778387001, received 2025-05-22
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ILLUMINA, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Plan name | ILLUMINA, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Sponsor EIN / plan number | 33-0804655 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Sponsor location | SAN DIEGO, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Industry (business code) | 541700, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Filing received | 2025-05-22 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Participants, beginning of year | 7,901 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Active participants | 5,088 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Participants, end of year | 7,548 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Participants with an account balance | 7,500 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Total assets, beginning of year | $924,556,515 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Total assets, end of year | $1,102,929,080 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Net assets, end of year | $1,102,929,080 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Total income | $249,467,876 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Net income | $178,372,565 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Employer contributions | $20,063,656 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Participant contributions | $69,613,222 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Other contributions (incl. rollovers) | $10,536,152 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Total contributions | $100,213,030 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Benefit payments | $70,690,899 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Total expenses (incl. benefit payments) | $71,095,311 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Total administrative expenses | $387,513 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Contract administrator fees | $3,300 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Recordkeeping fees | $298,188 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| IQPA audit fees | $32,025 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Investment advisory and management fees | $54,000 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Administrative expenses excluding investment management | $333,513 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Held in common/collective trusts | $640,446,460 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Held in mutual funds | $429,556,297 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250522164643NAL0002778387001, received 2025-05-22 |
| Independent auditor | MOSS ADAMS LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250522164643NAL0002778387001, received 2025-05-22 |
Position = column in the DOL layout for form year 2024. Filing 20250522164643NAL0002778387001, received 2025-05-22.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $305,637 | yes |
| SAGEVIEW ADVISORY GROUP, LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $54,000 | no |
| MOSS ADAMS LLP | ACCOUNTING | 10 Accounting (including auditing) | $32,025 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250522164643NAL0002778387001, received 2025-05-22.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $924,556,515 | $1,102,929,080 | 19.3% |
| Participants with a balance | 7,843 | 7,500 | -4.4% |
| Administrative expenses | $345,313 | $387,513 | 12.2% |
| Recordkeeping fees per participant | $43.99 | $39.76 | -9.6% |
| Employer contributions | $21,643,803 | $20,063,656 | -7.3% |
Prior filing 20240827124957NAL0010919089001, received 2024-08-27; the plan years are contiguous.
Sponsor name as filed: ILLUMINA, INC.; SEC registrant: ILLUMINA, INC. (CIK 1110803, matched by EIN; display name from the Form 10-K cover).