Employers › Avaya › plan 003
Recordkeeping fees per participant · Avaya Savings Plan for Salaried Employees · plan year 2024
$4.93
Higher than 8% of the 790 plans over $1B that report it.
= $24,288 / 4,923
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009101940NAL0010748928001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009101940NAL0010748928001, received 2025-10-09
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 2025-10-09.
Administrative expenses excluding investment management, per participant
$44.18
Higher than 49% of the 1,045 plans over $1B that report it.
= $217,479 / 4,923
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009101940NAL0010748928001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009101940NAL0010748928001, received 2025-10-09
Administrative expenses per participant
$117.78
Higher than 78% of the 1,076 plans over $1B that report it.
= $579,809 / 4,923
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009101940NAL0010748928001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009101940NAL0010748928001, received 2025-10-09
Administrative expenses as a share of assets
0.041%
Higher than 44% of the 1,076 plans over $1B that report it.
= $579,809 / $1,408,462,220
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009101940NAL0010748928001, received 2025-10-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009101940NAL0010748928001, received 2025-10-09
Employer contributions per participant
$890
Higher than 4% of the 1,135 plans over $1B that report it.
= $4,383,688 / 4,923
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009101940NAL0010748928001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009101940NAL0010748928001, received 2025-10-09
Employer share of total contributions
15.7%
Higher than 5% of the 1,135 plans over $1B that report it.
= $4,383,688 / $27,976,154
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009101940NAL0010748928001, received 2025-10-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009101940NAL0010748928001, received 2025-10-09
99.4% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($117.78 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 2E profit-sharing · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251009101940NAL0010748928001, received 2025-10-09
| Field | Value | Source |
|---|---|---|
| Plan sponsor | AVAYA INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Plan name | AVAYA SAVINGS PLAN FOR SALARIED EMPLOYEES | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Sponsor EIN / plan number | 22-3713430 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Sponsor location | MORRISTOWN, NJ | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Industry (business code) | 517000, Information | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Filing received | 2025-10-09 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Participants, beginning of year | 5,450 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Active participants | 983 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Participants, end of year | 4,951 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Participants with an account balance | 4,923 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Total assets, beginning of year | $1,397,038,508 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Total assets, end of year | $1,408,462,220 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Net assets, end of year | $1,408,462,220 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Total income | $225,095,701 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Net income | $11,423,712 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Employer contributions | $4,383,688 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Participant contributions | $19,234,900 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Other contributions (incl. rollovers) | $4,357,566 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Total contributions | $27,976,154 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Benefit payments | $213,046,334 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Total expenses (incl. benefit payments) | $213,671,989 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Total administrative expenses | $579,809 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Recordkeeping fees | $24,288 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| IQPA audit fees | $54,824 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Investment advisory and management fees | $362,330 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Administrative expenses excluding investment management | $217,479 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Held in master trusts | $1,400,465,989 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Held in mutual funds | $0 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251009101940NAL0010748928001, received 2025-10-09 |
| Independent auditor | CROWE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251009101940NAL0010748928001, received 2025-10-09 |
Position = column in the DOL layout for form year 2024. Filing 20251009101940NAL0010748928001, received 2025-10-09.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $362,330 | no |
| SAGEVIEW ADVISORY GROUP LLC | CUSTODIAN | 16 Consulting (general) | $136,412 | no |
| CROWE HORWATH LLP | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $54,824 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $24,946 | 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 20251009101940NAL0010748928001, received 2025-10-09.
AVAYA INC. MASTER TRUST (EIN 043528515, PN 101): plan interest $1,400,465,989, 89.5% of the trust. The trust's own filing (20251009103841NAL0003502691001, received 2025-10-09) reports net assets $1,565,409,845, administrative expenses $0, recordkeeping fees $0, investment management fees $0 and 1 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | 60 | $0 | $0 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,397,038,508 | $1,408,462,220 | 0.8% |
| Participants with a balance | 5,379 | 4,923 | -8.5% |
| Administrative expenses | $680,375 | $579,809 | -14.8% |
| Recordkeeping fees per participant | $14.24 | $4.93 | -65.4% |
| Employer contributions | $2,087 | $4,383,688 | 209947.3% |
Prior filing 20241010140753NAL0021170017001, received 2024-10-10; the plan years are contiguous.