Plan Snapshot
- Plan Sponsor: Skyworks Solutions, INC.
- Sponsor EIN: 042302115
- Sponsor Address: 20 SYLVAN ROAD, WOBURN, MA, 01801
- Plan Type: 401(k)
- Total Participants: 2,480
- Total Assets: $852.5M
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 | 2,480 | $852.5M | $14.1M | $35.0M |
| 2023 | 2,273 | $773.9M | $13.3M | $32.6M |
| 2022 | 2,639 | $644.6M | $13.8M | $32.9M |
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 |
|---|---|---|---|---|
| MILLER KAPLAN ARASE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER KAPLAN ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $375,388 | $164,794 | — | — | — |
| 2023 | $353,322 | $147,907 | — | — | — |
| 2022 | $235,609 | $122,216 | — | — | — |