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
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.
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.