Retirement plan

ALPHA & OMEGA SEMICONDUCTOR, INC. 401(K) PLAN

Name: ALPHA & OMEGA SEMICONDUCTOR, INC. - ALPHA & OMEGA SEMICONDUCTOR, INC. 401(K) PLAN (2020) Form 5500
Creator: ALPHA & OMEGA SEMICONDUCTOR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALPHA & OMEGA SEMICONDUCTOR, INC. 401(K) PLAN, ALPHA & OMEGA SEMICONDUCTOR, INC.

ALPHA & OMEGA SEMICONDUCTOR, INC.EIN 77-0553536Plan #001PY 2020

475 OAKMEAD PKWY - SUNNYVALE, CA 94085408-789-3101aosmd.comLinkedIn1001-5000 employeessemiconductors

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$54.8M

+29.9% from 2019

Total participants

791

-0.9% from 2019

Average account balance

$73,967

+29.2% from 2019

Annual return

21.18%

-3.45 pp from 2019

Benchmarks

See 2,346 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,346 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$105.31M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$116K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

908

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

97.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+18.33%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$167

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
LPL FINANCIAL4 years Filed as: LPL FINANCIAL LLC Service code 55 · EIN 04-3046611	Other Commissions	$50,556
FIDELITY INVESTMENTS INSTITUTIONAL6+ years Service code 37 · EIN 04-2647786	Loan Processing	-$22,607

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
2J
Code section 401(k) feature
Cash 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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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: JOHANSON & YAU ACCOUNTANCY CORP
Auditor EIN: 942702860
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,967

$79,519-7.0%

$95,964-22.9%

$73,412+0.8%

Participation rate

92.4%

81.2%+11.3pp

77.1%+15.4pp

72.2%+20.3pp

Annual return

21.18%

19.20%+2.0pp

91.64%-70.5pp

59.30%-38.1pp

Employer contribution / active EE

$2,048-100.0%

$2,541-100.0%

$2,234-100.0%

Participant deferral / active EE

$8,636

$4,138+108.7%

$4,167+107.3%

$3,806+126.9%

Admin fee / account holder

-$31

$184-116.6%

$6,797-100.4%

$158-119.3%

Provider

Service type

Compensation

LPL FINANCIAL4 years

Filed as: LPL FINANCIAL LLC

Service code 55 · EIN 04-3046611

Other Commissions

$50,556

FIDELITY INVESTMENTS INSTITUTIONAL6+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$22,607

ALPHA & OMEGA SEMICONDUCTOR, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALPHA & OMEGA SEMICONDUCTOR, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion