Plan Snapshot
- Plan Sponsor: Infineon Technologies Americas Corp.
- Sponsor EIN: 951528961
- Sponsor Address: 640 NORTH MCCARTHY BOULEVARD, MILPITAS, CA, 95035
- Plan Type: 401(k)
- Total Participants: 3,569
- Total Assets: $1.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,569 | $1.7B | $41.8M | $57.5M |
| 2023 | 3,720 | $1.5B | $44.2M | $57.2M |
| 2022 | 3,888 | $1.3B | $43.6M | $54.6M |
| 2019 | 2,028 | $641.2M | $0 | $0 |
| 2018 | 1,976 | $527.4M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | $11,550 | — | $11,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,550
- Estimated Expense Ratio: 0.001% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $629,980 | $261,974 | — | $11,550 | — |
| 2023 | $304,615 | $123,292 | — | — | — |
| 2022 | $211,134 | $132,642 | — | — | $47,712 |
| 2019 | $163,438 | $106,496 | — | — | $28,122 |
| 2018 | $103,129 | $72,831 | — | — | $7,184 |