# Qorvo Us, INC. 401(k) Plan
Source: https://planprovider.pro/companies/qorvo-us-inc-401k-plan

> Qorvo Us, INC.'s 401(k) plan: 4,547 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Qorvo Us, INC.

- **Sponsor EIN:** 953654013

- **Sponsor Address:** 2300 NE BROOKWOOD PARKWAY, HILLSBORO, OR, 97124

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

- **Total Participants:** 4,547

- **Total Assets:** $1.2B

## 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|4,547|$1.2B|$19.2M|$53.8M|

| 2023|4,237|$1.1B|$15.8M|$50.7M|

| 2022|4,436|$925.6M|$15.6M|$49.4M|

## 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|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$100,519|—|$100,519|

| CAPFINANCIAL PARTNERS, LLC|INVESTMENT ADVISOR|$82,000|—|$82,000|

| KBF CPAS LLP|ACCOUNTANT/AUDITOR|$17,500|—|$17,500|

| KBF CPAS - AUDIT, LLP|Auditor|$17,500|—|$17,500|

### Verified Provider Profiles

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

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [KBF CPAS LLP](https://planprovider.pro/provider/kbf-cpas-llp) — ACCOUNTANT/AUDITOR

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $217,519

- **Estimated Expense Ratio:** 0.017% 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|$198,554|—|$5,700|$17,500|—|

| 2023|$238,275|—|$1,500|$16,967|—|

| 2022|$501,989|—|—|—|—|

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