401(k) · DOL Form 5500 · 2022

Wolfspeed, Inc. 401(k) Plan

Data updated 2026-08-25

$365M
Total assets Above avg plan size
3,365
Participants Above avg headcount
97th
Percentile by assets National rank
$108,562
Avg per participant Below avg balance/head
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Official DOL plan name: Wolfspeed, Inc. 401(k) Plan · Sponsored by Wolfspeed, Inc. · North Carolina · Manufacturing

$365M in assets, 3,365 participants

Wolfspeed, Inc.'s Wolfspeed, Inc. 401(k) Plan reported $365M in total assets and 3,365 participants in its 2022 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #19,675 in Manufacturing (20,602 peers)

Coverage in North Carolina

Wolfspeed, Inc. 401(k) Plan covers 3,365 participants in North Carolina, 4.1x the typical North Carolina plan (state average ~819 per filing). Assets: $365M.

#19,675
in Manufacturing (20,602 peers)
-13.8%
assets change YoY
3.7×
vs typical plan assets (national mean)

The plan reported a net loss of $59M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Wolfspeed, Inc. 401(k) Plan's outsized position by total assets

Wolfspeed, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$365,309,926 Top 3% higher than 97% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Wolfspeed, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wolfspeed, Inc. 401(k) Plan lands in the large band (3,365 participants).

Plan-year Form 5500 strip

Filing strip 561572719 · Wolfspeed, Inc. PY 2022 · 401(k)

Wolfspeed, Inc. 401(k) Plan · $365M · 3,365 · 97th

  • 5500 $365M
  • ASSETS 3,365
  • PCT 97th
  • EIN 401(k)
  • RANK near Schenker, Inc. 401(k) Savings and Investment Plan
  • PHOTO ind #19675

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in North Carolina →

Wolfspeed, Inc. 401(k) Plan in the asset neighbourhood

Foot Locker 401(k) Plan$366MSchenker, Inc. 401(k) Savings and Investment PlanSchenker, Inc. 401(k) Saving…$365MWolfspeed, Inc. 401(k) Plan$365MAcce Benefit Trust Profit Sharing PlanAcce Benefit Trust Profit Sh…$365MUofl Health 401(k) Plan$365M
End-of-year total assets ($M) among Wolfspeed, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$424M
Net Assets (End of Year)$365M
Net Income-$59M
Employer EIN561572719
Plan Effective Date1992-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wolfspeed, Inc.)

Sponsor-wide plan assets over time

All Wolfspeed, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$505M 38.20745264939776% vs 2022
2024 filing year
$350M$400M$450M$500M$550M 202220232024 $365M $505M ▲ +38.2%
Year Plans Participants Total Assets
2022 1 3,365 $365M
2023 1 4,065 $449M
2024 1 4,437 $505M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Wolfspeed, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Wolfspeed, Inc. 401(k) Plan, Total assets ($B): 0.365309926 · Participants: 3365Wolfspeed, Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Wolfspeed, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Wolfspeed, Inc. 401(k) Plan side-by-side with 3 peers →

Wolfspeed, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Schenker, Inc. 401(k) Savings and Investment Plan in VA ($365M); by covered participants it is Bio-Rad Laboratories, Inc. 401(k) Profit Sharing Plan in CA (3,366 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($365M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,365 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Wolfspeed, Inc. 401(k) Plan assets move in 2022? ▼
Wolfspeed, Inc. 401(k) Plan pulled back noticeably - down 13.8% during 2022, from $424M to $365M. Reported net income was -$59M.
How have Wolfspeed, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wolfspeed, Inc.'s sponsor-wide assets grew 38.2%, from $365M to $505M.
Where does Wolfspeed, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Wolfspeed, Inc. 401(k) Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Wolfspeed, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Schenker, Inc. 401(k) Savings and Investment Plan in VA ($365M, 7,055 participants).
Which 401(k) plans cover a similar participant headcount to Wolfspeed, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bio-Rad Laboratories, Inc. 401(k) Profit Sharing Plan in CA (3,366 participants, $856M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 561572719.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.