Plan Ledger DOL Form 5500 · updated monthly

Silicon Laboratories Inc.401(k)

SILICON LABORATORIES INC. 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Silicon Laboratories Inc. reported $182,941 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,452 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 0.03% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 323rd-largest of 5,688 plans among Texas employers on file, and the 949th of 13,661 in manufacturing. In 2024, employees put in $4.10 for every $1.00 the employer contributed; active participation has shrunk from 775 to 674 since 2022.

Plan summary
Net assets, end of year$265,248,382
Participants with balances1,127
Active participants674
Employer contributions$3,000,931
Employee contributions$12,299,327
Employer contribution per active participant$4,452
Average account balance$235,358
Benefits paid to participants$20,413,937
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$265.2M · 1,127 accts · $3.0M emplr
2023$236.7M · 1,152 accts · $3.3M emplr
2022$208.6M · 1,205 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,618
Investment management$62,898
Audit (IQPA)$19,425
Total administrative$182,941
The Silicon Laboratories Inc. 401(k) match · 2024
Employer contribution per active participant$4,452
Median for plans this size$4,294
2024$4,452 per active participant
2023$4,600 per active participant
2022$4,082 per active participant

Silicon Laboratories Inc.'s 2024 employer contribution ran above the $4,294 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 · 20244
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$130,070
ONEDIGITAL TOPCO LLC · Investment management$33,444
ARMANINO LLP · Accounting / audit$19,425
CHARLES SCHWAB & CO., INC. · Securities brokerage$74

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$182,941 · 0.07%
2023$147,027 · 0.07%
2022$77,844 · 0.03%
Same employer
Similar plansManufacturing · Texas
Lhoist North America, Inc. TX$281.3M · 0.14%
J B Poindexter & Co TX$275.3M · 0.22%
Shintech Incorporated TX$268.0M · 0.10%
Lhoist North America, Inc. TX$260.0M · 0.14%
Livanova USA, Inc. TX$257.4M · 0.07%
Powell Industries, Inc. TX$252.3M · 0.03%
Range Resources Corporation TX$246.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742793174 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.