Plan Ledger DOL Form 5500 · updated monthly

Tsmc North America Inc401(k)

TSMC NORTH AMERICA 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Tsmc North America Inc reported $137,925 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $8,009 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 0.06% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 432nd-largest of 9,483 plans among California employers on file, and the 606th of 11,654 in professional & technical services. In 2024, employees put in $2.62 for every $1.00 the employer contributed; active participation has grown from 567 to 654 since 2022.

Plan summary
Net assets, end of year$278,642,610
Participants with balances863
Active participants654
Employer contributions$5,237,943
Employee contributions$13,719,751
Employer contribution per active participant$8,009
Average account balance$322,877
Benefits paid to participants$10,719,584
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$278.6M · 863 accts · $5.2M emplr
2023$228.7M · 824 accts · $4.9M emplr
2022$183.9M · 792 accts · $4.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,812
Audit (IQPA)$27,300
Total administrative$137,925
The Tsmc North America Inc 401(k) match · 2024
Employer contribution per active participant$8,009
Median for plans this size$4,294
2024$8,009 per active participant
2023$7,955 per active participant
2022$7,811 per active participant

Tsmc North America Inc's 2024 employer contribution ran above the $4,294 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$97,812
MOSS ADAMS LLP · Accounting / audit$27,300

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$137,925 · 0.05%
2023$120,654 · 0.06%
2022$122,899 · 0.06%
Same employer
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Public Health Institute CA$276.2M · 0.21%
Mediatek USA Inc. CA$274.4M · 0.03%
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Rubrik, Inc. CA$267.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770172737 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.