401k Record

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Sanmina 401(k)

Recordkeeping fees per participant · Sanmina Corporation 401(k) Plan · plan year 2024

$49.91

Higher than 50% of the 1,697 plans $250M to 1B that report it.

Source

= $301,607 / 6,043
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250929124205NAL0012170640001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929124205NAL0012170640001, received 2025-09-29

10th: $11.56median $49.9890th: $89.63

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 2025-09-29.

Cost and contributions

Administrative expenses excluding investment management, per participant

$52.83

10th: $18.52median $67.2190th: $147.71

Higher than 34% of the 2,324 plans $250M to 1B that report it.

Source

= $319,245 / 6,043
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250929124205NAL0012170640001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929124205NAL0012170640001, received 2025-09-29

Administrative expenses per participant

$52.83

10th: $27.95median $88.2590th: $203.68

Higher than 23% of the 2,405 plans $250M to 1B that report it.

Source

= $319,245 / 6,043
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250929124205NAL0012170640001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929124205NAL0012170640001, received 2025-09-29

Administrative expenses as a share of assets

0.054%

10th: 0.018%median 0.073%90th: 0.183%

Higher than 36% of the 2,407 plans $250M to 1B that report it.

Source

= $319,245 / $590,376,328
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250929124205NAL0012170640001, received 2025-09-29
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250929124205NAL0012170640001, received 2025-09-29

Employer contributions per participant

$263

10th: $1,169median $3,07390th: $8,346

Higher than 1% of the 2,457 plans $250M to 1B that report it.

Source

= $1,588,095 / 6,043
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250929124205NAL0012170640001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929124205NAL0012170640001, received 2025-09-29

Employer share of total contributions

5.5%

10th: 17.5%median 31.1%90th: 48.7%

Higher than 2% of the 2,459 plans $250M to 1B that report it.

Source

= $1,588,095 / $28,827,863
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250929124205NAL0012170640001, received 2025-09-29
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250929124205NAL0012170640001, received 2025-09-29

Plan terms, as stated in Sanmina Corporation's SEC filings

Plan terms are described in Sanmina Corporation's SEC filings: Form 10-K filed 2025-11-13. No term could be quoted from them with the required precision.

Plan features

2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 2R participant brokerage window · 2F ERISA 404(c) plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250929124205NAL0012170640001, received 2025-09-29

Full record, Sanmina Corporation 401(k) Plan

FieldValueSource
Plan sponsorSANMINA CORPORATIONForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250929124205NAL0012170640001, received 2025-09-29
Plan nameSANMINA CORPORATION 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250929124205NAL0012170640001, received 2025-09-29
Sponsor EIN / plan number77-0228183 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250929124205NAL0012170640001, received 2025-09-29
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250929124205NAL0012170640001, received 2025-09-29
Sponsor locationSAN JOSE, CAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250929124205NAL0012170640001, received 2025-09-29
Industry (business code)334110, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250929124205NAL0012170640001, received 2025-09-29
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250929124205NAL0012170640001, received 2025-09-29
Filing received2025-09-29Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250929124205NAL0012170640001, received 2025-09-29
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250929124205NAL0012170640001, received 2025-09-29
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250929124205NAL0012170640001, received 2025-09-29
Participants, beginning of year6,673Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250929124205NAL0012170640001, received 2025-09-29
Active participants4,427Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250929124205NAL0012170640001, received 2025-09-29
Participants, end of year6,492Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250929124205NAL0012170640001, received 2025-09-29
Participants with an account balance6,043Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929124205NAL0012170640001, received 2025-09-29
Total assets, beginning of year$538,065,166Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250929124205NAL0012170640001, received 2025-09-29
Total assets, end of year$590,376,328Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250929124205NAL0012170640001, received 2025-09-29
Net assets, end of year$590,376,328Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250929124205NAL0012170640001, received 2025-09-29
Total income$111,261,089Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250929124205NAL0012170640001, received 2025-09-29
Net income$52,311,162Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250929124205NAL0012170640001, received 2025-09-29
Employer contributions$1,588,095Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250929124205NAL0012170640001, received 2025-09-29
Participant contributions$23,351,398Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250929124205NAL0012170640001, received 2025-09-29
Other contributions (incl. rollovers)$3,888,370Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250929124205NAL0012170640001, received 2025-09-29
Total contributions$28,827,863Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250929124205NAL0012170640001, received 2025-09-29
Benefit payments$58,601,421Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250929124205NAL0012170640001, received 2025-09-29
Total expenses (incl. benefit payments)$58,949,927Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250929124205NAL0012170640001, received 2025-09-29
Total administrative expenses$319,245Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250929124205NAL0012170640001, received 2025-09-29
Contract administrator fees$600Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250929124205NAL0012170640001, received 2025-09-29
Recordkeeping fees$301,607Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250929124205NAL0012170640001, received 2025-09-29
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250929124205NAL0012170640001, received 2025-09-29
Investment advisory and management fees$0Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250929124205NAL0012170640001, received 2025-09-29
Administrative expenses excluding investment management$319,245derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250929124205NAL0012170640001, received 2025-09-29
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250929124205NAL0012170640001, received 2025-09-29
Held in common/collective trusts$0Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250929124205NAL0012170640001, received 2025-09-29
Held in mutual funds$524,199,583Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250929124205NAL0012170640001, received 2025-09-29
Independent auditorBAKER TILLY, US LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250929124205NAL0012170640001, received 2025-09-29

Position = column in the DOL layout for form year 2024. Filing 20250929124205NAL0012170640001, received 2025-09-29.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees $306,819yes
INNOVESTINVESTMENT ADVISOR 28 Investment management $9,275no

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 20250929124205NAL0012170640001, received 2025-09-29.

What changed since the 2023 plan year

Figure20232024Change
Total assets$538,065,166$590,376,3289.7%
Participants with a balance6,2796,043-3.8%
Administrative expenses$356,875$319,245-10.5%
Recordkeeping fees per participant$52.16$49.91-4.3%
Employer contributions$1,650,493$1,588,095-3.8%

Prior filing 20241001122524NAL0003965571001, received 2024-10-01; the plan years are contiguous.

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Sponsor name as filed: SANMINA CORPORATION; SEC registrant: SANMINA CORP (CIK 897723, matched by EIN; display name from the Form 10-K cover).