PlanOptica
Retirement plan

INTEL RETIREMENT CONTRIBUTION PLAN

INTEL CORPORATIONEIN 94-1672743Plan #001PY 2023
Sign in to saveView 5500 PDF
1900 PRAIRIE CITY RD, M/S FM3-05 - FOLSOM, CA 956309501intel.comLinkedIn10001+ employeessemiconductors
Other plans on this EIN
2 filings
#003Retirement-$22.18B assets#002Retirement-$910.0M assets
Prospect flagsLow returnsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan administrator signer
IRINA SILIC
Signed 09/12/2024
Plan administrator entity
INTEL RETIREMENT PLANS ADMINISTRATIVE COMMITTEE
EIN 205001544
1900 PRAIRIE CITY RD M/S FM3-05 · FOLSOM, CA 956309501
How to read this page

Summary metrics

Total assets (EOY)
$7243.1M
+4.3% from 2016
Total participants
32,282
+11.3% from 2016
Average account balance
$230,487
-4.8% from 2016
Annual return
13.27%
-8.28 pp from 2016

Benchmarks

See 93 peers
Peer group
Industry33 - Manufacturing
Plan typeDefined contribution
Participants>=10,000
Cohort93 peers
Snapshot2023
Participant deferral / active EE
$0
median $8,533
Employer contribution / active EE
$0
median $5,334
Participation rate
95.5%
median 96.6%
Avg account balance
$230,487
median $147,686
Admin fee / account holder
$7
median $62
Annual return
13.27%
median 18.49%
Overall peer rank
54th 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 3 by compensation
ProviderService typeCompensation
FID INVEST INST OPS CO9+ years
Service code 37 · EIN 04-2647786
Loan Processing
$158,628
BANK OF NEW YORK MELLON1 year
Service code 19 · EIN 13-5160382
Securities Custodian
$31,863
AON INVESTMENTS USA INC.1 year
Service code 50 · EIN 36-3109431
Direct Payment
$12,201

Top hat statement on fileNQDC

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

Plan administrator

Plan administrator name— Sign in and upgrade to view
2200 Mission College Boulevard
Santa Clara, CA 95054
Email— Sign in and upgrade to viewPhone— Sign in and upgrade to view

Plans declared (1)

  • Intel Corporation Executive Severance Plan81 emp
Open the filing PDF

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
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • 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
$225K
$12 / participant
  • Trustee / custodial$32K14.2%
  • Investment mgmt$12K5.4%
  • Legal$9190.4%
  • Contract admin$169K75.0%
  • Other / not subdivided$11K5.0%
% of EOY assets
0.003%
all-in expense ratio
Categories reported
4 / 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
(not subdivided)
Opinion code
Unqualified