Retirement plan

INTEL RETIREMENT CONTRIBUTION PLAN

INTEL CORPORATIONEIN 94-1672743Plan #001PY 2020
1900 PRAIRIE CITY RD, M/S FM1-118 - FOLSOM, CA 956309501intel.comLinkedIn10001+ employeessemiconductors
Prospect flagsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan administrator signer
MICHAEL KNUTSON
Signed 09/10/2021
Plan administrator entity
INTEL RETIREMENT PLANS ADMINISTRATIVE COMMITTEE
EIN 205001544
1900 PRAIRIE CITY RD FM1-118 · FOLSOM, CA 956309501

Summary metrics

Total assets (EOY)
$7628.6M
+4.3% from 2016
Total participants
36,173
+11.3% from 2016
Average account balance
$212,383
-4.8% from 2016
Annual return
14.82%
-8.28 pp from 2016

Benchmarks

Peer group
Industry33 - Manufacturing
Plan typeDefined contribution
Participants>=10,000
Cohort86 peers
Snapshot2020
Participant deferral / active EE
$0
median $7,742
Employer contribution / active EE
$0
median $3,821
Participation rate
98.9%
median 96.2%
Avg account balance
$212,383
median $160,963
Admin fee / account holder
$1
median $59
Annual return
14.82%
median 14.41%
Overall peer rank
72nd 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 1 by compensation
ProviderService typeCompensation
Service code 37 · EIN 04-2647786
Loan Processing
$33,211

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

1 tripped
  • 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
$33K
$1 / participant
  • Other / not subdivided$33K100.0%
% of EOY assets
0.000%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm
ERNST & YOUNG LLP
Auditor EIN
346565596
Audit fees
(not subdivided)
Opinion code
Disclaimer