Plan Ledger DOL Form 5500 · updated monthly

Nxp USA, Inc.401(k)

NXP 401(K) RETIREMENT PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Nxp USA, Inc. reported $6,873,175 in plan administrative expenses for 2024: 0.20% of average plan assets, higher than ~90% of peers. Employer contributions averaged $8,114 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 0.22% to 0.20%. 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 38th-largest of 5,688 plans among Texas employers on file, and the 94th of 13,661 in manufacturing. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has shrunk from 5,591 to 4,779 since 2022.

Plan summary
Net assets, end of year$3,701,280,973
Participants with balances8,519
Active participants4,779
Employer contributions$38,776,825
Employee contributions$85,881,503
Employer contribution per active participant$8,114
Average account balance$434,474
Benefits paid to participants$344,344,176
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7B · 8,519 accts · $38.8M emplr
2023$3.3B · 8,932 accts · $40.8M emplr
2022$2.8B · 9,032 accts · $39.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$349,555
Investment management$6,483,262
Total administrative$6,873,175
The Nxp USA, Inc. 401(k) match · 2024
Employer contribution per active participant$8,114
Median for plans this size$5,259
2024$8,114 per active participant
2023$7,692 per active participant
2022$7,042 per active participant

Nxp USA, Inc.'s 2024 employer contribution ran above the $5,259 median for plans its size. 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 · 202412
FIDELITY INV INSTL OPS CO · Recordkeeping · Loan processing$349,555
EAGLE CAPITAL MANAGEMENT · Investment management$1,719,153
ARTISAN PARTNERS LTD PARTNERSHIP · Investment management$796,054
DRIEHAUS CAPITAL MANAGEMENT LLC · Investment management$791,641
STRATEGIC ADVISORS · Investment advisory (plan)$785,467
BOSTON PARTNERS · Investment management$766,198
WESTERN ASSET MANAGEMENT COMPANY · Investment management$441,665
NORTHERN TRUST COMPANY · Trustee$394,837
EARNEST PARTNERS, LLC · Investment management$339,537
GOLDMAN SACHS ASSET MAMAGEMENT · Investment management$266,583
METROPOLITAN WEST ASSET MANAGEMENT · Investment management$144,579
NORTHERN TRUST ASSET MANAGEMENT · Investment advisory (plan)$37,548

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$6,873,175 · 0.20%
2023$6,139,735 · 0.20%
2022$7,064,319 · 0.22%
Same employer
Similar plansManufacturing · Texas
Phillips 66 Company TX$7.7B · 0.05%
Alcon Vision, LLC TX$2.9B · 0.02%
Lyondell Chemical Company TX$2.7B · 0.05%
Tesla, Inc. TX$2.5B · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200443182 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.