# Silicon Motion, INC. 401(k) Plan
Source: https://planprovider.pro/companies/silicon-motion-inc-401k-plan

> Silicon Motion, INC.&#39;s 401(k) plan: 38 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Silicon Motion, INC.

- **Sponsor EIN:** 770414057

- **Sponsor Address:** 690 N. MCCARTHY BLVD., MILPITAS, CA, 95035

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

- **Total Participants:** 38

- **Total Assets:** $18.0M

## 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|38|$18.0M|$189,927|$833,771|

| 2023|40|$15.7M|$184,450|$773,308|

| 2022|39|$12.9M|$130,708|$778,221|

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