Employers › Infinera
Recordkeeping fees per participant · Infinera 401(k) Plan · plan year 2024
$48.97
Higher than 49% of the 1,697 plans $250M to 1B that report it.
= $84,857 / 1,733
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250818161439NAL0001372769001, received 2025-08-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250818161439NAL0001372769001, received 2025-08-18
Percentiles compare this plan with the Schedule H plans $250M to 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 2025-08-18.
Administrative expenses excluding investment management, per participant
$48.97
Higher than 30% of the 2,324 plans $250M to 1B that report it.
= $84,857 / 1,733
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250818161439NAL0001372769001, received 2025-08-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250818161439NAL0001372769001, received 2025-08-18
Administrative expenses per participant
$123.29
Higher than 72% of the 2,405 plans $250M to 1B that report it.
= $213,656 / 1,733
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250818161439NAL0001372769001, received 2025-08-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250818161439NAL0001372769001, received 2025-08-18
Administrative expenses as a share of assets
0.059%
Higher than 40% of the 2,407 plans $250M to 1B that report it.
= $213,656 / $359,938,052
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250818161439NAL0001372769001, received 2025-08-18
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250818161439NAL0001372769001, received 2025-08-18
Employer contributions per participant
$1,711
Higher than 20% of the 2,457 plans $250M to 1B that report it.
= $2,966,000 / 1,733
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250818161439NAL0001372769001, received 2025-08-18
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250818161439NAL0001372769001, received 2025-08-18
Employer share of total contributions
11.1%
Higher than 4% of the 2,459 plans $250M to 1B that report it.
= $2,966,000 / $26,702,001
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250818161439NAL0001372769001, received 2025-08-18
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250818161439NAL0001372769001, received 2025-08-18
Plan terms are described in Infinera Corporation's SEC filings: Form 10-K filed 2025-02-28. No term could be quoted from them with the required precision.
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2R participant brokerage window · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250818161439NAL0001372769001, received 2025-08-18
| Field | Value | Source |
|---|---|---|
| Plan sponsor | INFINERA CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Plan name | INFINERA 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Sponsor EIN / plan number | 77-0560433 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Sponsor location | SAN JOSE, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Industry (business code) | 334200, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Filing received | 2025-08-18 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Participants, beginning of year | 1,838 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Active participants | 1,235 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Participants, end of year | 1,795 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Participants with an account balance | 1,733 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Total assets, beginning of year | $324,349,525 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Total assets, end of year | $359,938,052 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Net assets, end of year | $359,938,052 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Total income | $77,390,407 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Net income | $35,588,527 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Employer contributions | $2,966,000 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Participant contributions | $22,396,850 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Other contributions (incl. rollovers) | $1,339,151 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Total contributions | $26,702,001 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Benefit payments | $41,550,417 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Total expenses (incl. benefit payments) | $41,801,880 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Total administrative expenses | $213,656 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Recordkeeping fees | $84,857 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Investment advisory and management fees | $128,799 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Administrative expenses excluding investment management | $84,857 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Held in common/collective trusts | $156,725,056 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Held in mutual funds | $150,832,002 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250818161439NAL0001372769001, received 2025-08-18 |
| Independent auditor | BAKER TILLY US, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250818161439NAL0001372769001, received 2025-08-18 |
Position = column in the DOL layout for form year 2024. Filing 20250818161439NAL0001372769001, received 2025-08-18.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| SAGEVIEW ADVISORY GROUP LLC | ADVISOR/INVESTMENT ADV | 27 Investment advisory (plan) | $99,742 | no |
| 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 | $85,291 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $29,057 | 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 20250818161439NAL0001372769001, received 2025-08-18.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $324,349,525 | $359,938,052 | 11.0% |
| Participants with a balance | 1,777 | 1,733 | -2.5% |
| Administrative expenses | $236,007 | $213,656 | -9.5% |
| Recordkeeping fees per participant | $63.46 | $48.97 | -22.8% |
| Employer contributions | $3,001,650 | $2,966,000 | -1.2% |
Prior filing 20240925110737NAL0025233568001, received 2024-09-25; the plan years are contiguous.
Sponsor name as filed: INFINERA CORPORATION; SEC registrant: Infinera Corp (CIK 1138639, matched by EIN; display name from the Form 10-K cover).