Plan Snapshot
- Plan Sponsor: Qualcomm Incorporated
- Sponsor EIN: 953685934
- Sponsor Address: 5775 MOREHOUSE DRIVE, SAN DIEGO, CA, 92121
- Plan Type: 401(k)
- Total Participants: 13,500
- Total Assets: $9.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 13,500 | $9.7B | $74.8M | $346.8M |
| 2023 | 13,777 | $8.1B | $81.3M | $354.2M |
| 2022 | 16,200 | $6.5B | $81.6M | $334.8M |
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 |
|---|---|---|---|---|
| WITHUMSMITH BROWN, PC | Auditor | $60,900 | — | $60,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,900
- 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 | $425,489 | $198,909 | — | $60,900 | — |
| 2023 | $717,837 | $200,112 | $300 | $219,100 | — |
| 2022 | $707,832 | — | — | — | — |