Plan Ledger DOL Form 5500 · updated monthly

Avago Technologies U.S. Inc.401(k)

BROADCOM U.S. 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Avago Technologies U.S. Inc. reported $2,833,589 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $12,613 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 rose from 0.025% to 0.027%. 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 9,483 plans among California employers on file, and the 26th of 13,661 in manufacturing. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 10,453 to 17,216 since 2022.

Plan summary
Net assets, end of year$13,056,984,481
Participants with balances36,751
Active participants17,216
Employer contributions$217,148,078
Employee contributions$499,474,521
Employer contribution per active participant$12,613
Average account balance$355,282
Benefits paid to participants$1,481,836,514
Plan auditUnmodified (clean) audit opinion
AuditorTORRILLIO & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.1B · 36,751 accts · $217.1M emplr
2023$7.7B · 20,490 accts · $100.5M emplr
2022$6.3B · 21,145 accts · $96.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$858,188
Investment management$1,907,269
Total administrative$2,833,589
The Avago Technologies U.S. Inc. 401(k) match · 2024
Employer contribution per active participant$12,613
Median for plans this size$5,259
2024$12,613 per active participant
2023$9,348 per active participant
2022$9,254 per active participant

Avago Technologies U.S. 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$576,977
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$253,661
MOSS ADAMS · Accounting / audit$31,500

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$2,833,589 · 0.03%
2023$1,762,447 · 0.03%
2022$1,805,250 · 0.03%
Same employer
Similar plansManufacturing · California
Intel Corporation CA$24.8B · 0.00%
Apple Inc. CA$24.7B · 0.03%
Chevron Corporation CA$20.4B · 0.02%
Genentech, Inc. CA$14.3B · 0.01%
Amgen Inc. CA$7.7B · 0.13%
Applied Materials, Inc. CA$6.2B · 0.04%
Gilead Sciences, Inc. CA$4.3B · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203387670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.