# Marvell Semiconductor, INC. 401(k) Plan
Source: https://planprovider.pro/companies/marvell-semiconductor-inc-401k-plan

> Marvell Semiconductor, INC.&#39;s 401(k) plan: 2,970 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Marvell Semiconductor, INC.

- **Sponsor EIN:** 770398669

- **Sponsor Address:** 5488 MARVELL LANE, SANTA CLARA, CA, 95054

- **Plan Type:** 401(k)

- **Total Participants:** 2,970

- **Total Assets:** $1.4B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|2,970|$1.4B|$14.7M|$79.2M|

| 2023|3,030|$1.1B|$15.5M|$77.9M|

| 2022|3,251|$907.2M|$15.9M|$72.9M|

## 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|

| SCHWAB RETIREMENT PLAN SERVICES,INC|NONE|$228,478|—|$228,478|

| STEELPEAK WEALTH LLC|NONE|$69,482|—|$69,482|

| MORNINGSTAR INC|NONE|$22,271|—|$22,271|

| IRONWOOD WEALTH MANAGEMENT LLC|NONE|$17,611|—|$17,611|

| CHARLES SCHWAB & CO., INC.|NONE|$15,594|—|$15,594|

| MORNINGSTAR INVESTMENT SERVICE|NONE|$11,106|—|$11,106|

| SAGE ADVISORY GROUP|NONE|$9,019|—|$9,019|

| ABOUND WEALTH MANAGEMENT LLC|NONE|$8,940|—|$8,940|

| WRIGHT FORD YOUNG & CO|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SCHWAB RETIREMENT PLAN SERVICES,INC](https://planprovider.pro/provider/charles-schwab-and-co-inc) — NONE

- [STEELPEAK WEALTH LLC](https://planprovider.pro/provider/newedge-advisors) — NONE

- [MORNINGSTAR INC](https://planprovider.pro/provider/jp-morgan-asset-management) — NONE

- [IRONWOOD WEALTH MANAGEMENT LLC](https://planprovider.pro/provider/ironwood-wealth-management-inc) — NONE

- [CHARLES SCHWAB & CO., INC.](https://planprovider.pro/provider/charles-schwab-and-co-inc) — NONE

- [SAGE ADVISORY GROUP](https://planprovider.pro/provider/sageview-advisory-group) — NONE

- [ABOUND WEALTH MANAGEMENT LLC](https://planprovider.pro/provider/abound-wealth-management-llc) — NONE

- [WRIGHT FORD YOUNG & CO](https://planprovider.pro/provider/wright-ford-young-and-co) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $382,501

- **Estimated Expense Ratio:** 0.028% 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|$370,456|$158,291|—|—|—|

| 2023|$413,428|$148,851|—|—|—|

| 2022|$396,189|$133,416|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/marvell-semiconductor-inc-401k-plan)

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