Plan Ledger DOL Form 5500 · updated monthly

Analog Devices, Inc.401(k)

ANALOG DEVICES, INC. THE INVESTMENT PARTNERSHIP PLAN · WILMINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.01%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Analog Devices, Inc. reported $460,974 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,935 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.012% to 0.011%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 11th-largest of 2,726 plans among Massachusetts employers on file, and the 84th of 13,661 in manufacturing. In 2024, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,336,655,069
Participants with balances11,372
Active participants6,764
Employer contributions$73,966,339
Employee contributions$100,595,870
Employer contribution per active participant$10,935
Average account balance$381,345
Benefits paid to participants$384,260,708
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.3B · 11,372 accts · $74.0M emplr
2023$3.9B · 11,609 accts · $77.0M emplr
2022$3.4B · 9,591 accts · $71.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$151,072
Total administrative$460,974
The Analog Devices, Inc. 401(k) match · 2024
Employer contribution per active participant$10,935
Median for plans this size$5,259
2024$10,935 per active participant
2023$11,062 per active participant
2022$10,566 per active participant

Analog Devices, Inc.'s 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$210,984
AON INVESTMENTS USA INC. · Investment advisory (plan)$177,902

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$460,974 · 0.01%
2023$560,440 · 0.02%
2022$466,934 · 0.01%
Same employer
Similar plansManufacturing · Massachusetts
Philips North America LLC MA$6.4B · 0.01%
Biogen Inc. MA$2.2B
Veralto Corporation MA$1.3B · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042348234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.