Adtran Networks North America 401(k) match, vesting and fees
What Adtran Networks North America's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Cbiz Cpa'S P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Adtran Networks North America: employer contribution per participant | $1,192 | |
| Peer median | $1,847 |
| Adtran Networks North America: average balance | $245,998 | |
| Peer median | $65,512 |
| Adtran Networks North America: admin expenses ÷ assets | 0.18% | |
| Peer median | 0.32% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $128M at the end of plan year 2021 to $121M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 501 | $121M | $587K | $1,192 | 0.18% | Not published | Form 5500 ↗ |
| 2023 | 566 | $117M | $763K | $1,373 | 0.18% | Not published | Form 5500 ↗ |
| 2022 | 609 | $107M | $717K | $1,193 | 0.17% | Not published | Form 5500 ↗ |
| 2021 | 623 | $128M | $1.1M | $1,711 | 0.20% | Not published | Form 5500 ↗ |
Common questions
Does Adtran Networks North America match 401(k) contributions?
The match terms for the Adtran Networks North America Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $587K in employer contributions, about $1,192 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Adtran Networks North America 401(k) match vested?
The vesting schedule for the Adtran Networks North America Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Adtran Networks North America 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Adtran Networks North America Inc..
I left Adtran Networks North America. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Adtran Networks North America Inc., (678) 728-8799) or the recordkeeper, Principal Life Insurance Company. The Adtran Networks North America old 401(k) page lists the contacts from every plan filing. Find an old Adtran Networks North America 401(k)
Data from the public Form 5500 annual reports Adtran Networks North America filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Adtran Networks North America. Not financial advice. Report a correction · Methodology