Retirement plan

INTEL RETIREMENT CONTRIBUTION PLAN

INTEL CORPORATIONEIN 94-1672743Plan #001PY 2024
1900 PRAIRIE CITY RD, M/S FM3-05 - FOLSOM, CA 956309501intel.comLinkedIn10001+ employeessemiconductors
Prospect flagsHigh assets / participantWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan administrator signer
IRINA SILIC
Signed 09/02/2025
Plan administrator entity
INTEL RETIREMENT PLANS ADMINISTRATIVE COMMITTEE
EIN 205001544
1900 PRAIRIE CITY RD M/S FM3-05 · FOLSOM, CA 956309501

Summary metrics

Total assets (EOY)
$7294.7M
+4.3% from 2016
Total participants
29,222
+11.3% from 2016
Average account balance
$255,902
-4.8% from 2016
Annual return
14.27%
-8.28 pp from 2016

Benchmarks

Peer group
Industry33 - Manufacturing
Plan typeDefined contribution
Participants>=10,000
Cohort98 peers
Snapshot2024
Participant deferral / active EE
$0
median $8,651
Employer contribution / active EE
$0
median $5,348
Participation rate
94.7%
median 96.5%
Avg account balance
$255,902
median $170,590
Admin fee / account holder
$19
median $62
Annual return
14.27%
median 15.21%
Overall peer rank
56th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$7.29B
Average account balance
Total assets / participants with a balance (line 6g)
$256K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
28,506
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
94.7%
Contributions (total)
Employer and participant dollars contributed each year
$37.42M
Contributions per participant
Average employer and participant contribution per enrolled participant
$2K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+14.27%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$19
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 9 by compensation
ProviderService typeCompensation
Service code 37 · EIN 04-2647786
Loan Processing
$151,642
Service code 19 · EIN 13-5160382
Securities Custodian
$127,896
Service code 50 · EIN 36-3109431
Direct Payment
$74,667
Service code 10 · EIN 41-0746749
Accounting
$46,800
CHRISTOPHER C GECZY1 year
Service code 17
108 SPRINGHOUSE LANE · NEWTOWN SQUARE, PA 19073
Pension Consulting
$35,250
CROWE LLP1 year
Service code 10 · EIN 35-0921680
Accounting
$35,250
RVK, INC.1 year
Service code 17 · EIN 93-0910652
Pension Consulting
$27,500
Service code 29 · EIN 23-0891050
Legal
$18,223
PAMELA GREENWOOD1 year
Service code 17 · EIN 41-4390602
Pension Consulting
$9,000

Top hat statement on fileNQDC

Filed August 8, 2024 (most recent of 4 filings on file)

Plans declared (1)

  • Intel Corporation Executive Severance Plan81 emp

Plan features & details

Pension benefit codes2E2G3F3H2T2F
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped
  • InformationalHigh assets / participant

    Assets per participant exceed $250,000 - top-decile high-value plan.

  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$532K
$40 / participant
  • Recordkeeping$47K8.8%
  • Trustee / custodial$128K24.0%
  • Investment mgmt$152K28.6%
  • Legal$18K3.4%
  • Contract admin$152K28.5%
  • Other / not subdivided$35K6.6%
% of EOY assets
0.007%
all-in expense ratio
Categories reported
5 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
CROWE LLP
Auditor EIN
350921680
Audit fees
$35,250
Opinion code
Unqualified