Retirement plan
INTEL 401(K) SAVINGS PLAN
INTEL CORPORATIONEIN 94-1672743Plan #003PY 2019
Other plans on this EIN
2 filingsProspect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator signer
MICHAEL KNUTSON
Signed 09/18/2020
Plan administrator entity
INTEL RETIREMENT PLANS ADMINISTRATIVE COMMITTEE
EIN 205001544
1900 PRAIRIE CITY RD FM1-118 · FOLSOM, CA 956309501
(800) 238-0486Summary metrics
Total assets (EOY)
$14783.9M
-12.2% from 2016
Total participants
76,108
-3.4% from 2016
Average account balance
$196,276
-8.8% from 2016
Annual return
22.02%
-10.64 pp from 2016
Benchmarks
Peer group
Industry33 - Manufacturing
Plan typeDefined contribution
Participants>=10,000
Cohort89 peers
Snapshot2019
94
Participant deferral / active EE
$14,937
median $6,919
80
Employer contribution / active EE
$6,003
median $4,009
80
Participation rate
98.5%
median 94.9%
76
Avg account balance
$196,276
median $132,497
78
Admin fee / account holder
$2
median $47
47
Annual return
22.02%
median 22.32%
Overall peer rank
76of 100
76th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$24.85B
Average account balance
Total assets / participants with a balance (line 6g)
$308K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
80,583
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
99.3%
Contributions (total)
Employer and participant dollars contributed each year
$1.67B
Contributions per participant
Average employer and participant contribution per enrolled participant
$36K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+15.61%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$3
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 2 by compensation
| Provider | Service type | Compensation |
|---|---|---|
FIDELITY INVEST INST OPS CO2 years Service code 37 · EIN 04-2647786 | Loan Processing | $147,358 |
MORGAN, LEWIS & BOCKIUS, LLP2 years Service code 29 · EIN 23-0891050 | Legal | $16,025 |
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
Plans declared (1)
- Intel Corporation Executive Severance Plan81 emp
Plan features & details
Pension benefit codes2E2F2G2J2O2R2S2T3F3H
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants 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.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2OESOP other than a leveraged ESOPEmployee stock ownership plan that is not leveraged.
- 2RParticipant-directed brokerage accountsParticipant-directed brokerage accounts provided as an investment option under the plan.
- 2SAutomatic enrollmentPlan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$164K
$3 / participant
- Other / not subdivided$164K100.0%
% of EOY assets
0.001%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- ERNST & YOUNG LLP
- Auditor EIN
- 346565596
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified