401(k) · DOL Form 5500 · 2022
Wolfspeed, Inc. 401(k) Plan
Data updated 2026-08-11
- $365M
- Total assets
- 3,365
- Participants
- 97th
- Percentile by assets
- $108,562
- Avg per participant
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.
- 97th percentile by assets (of 139,126 plans)
- #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.
- $365M
- total plan assets (2022 EOY)
- 3,365
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $108,562
- avg assets per participant
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.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. Wolfspeed, Inc. 401(k) Plan reports 3,365 participants - 4.1x that state average ($365M EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $424M |
|---|---|
| Net Assets (End of Year) | $365M |
| Net Income | -$59M |
| Employer EIN | 561572719 |
| Plan Effective Date | 1992-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wolfspeed, Inc.)
| 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
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Wolfspeed, Inc. 401(k) Plan by total assets, not by location.
- Schenker, Inc. 401(k) Savings and Investment Plan (VA) $365M · 7,055
- Acce Benefit Trust Profit Sharing Plan (VA) $365M · 2,883
- Uofl Health 401(k) Plan (KY) $365M · 8,213
- Foot Locker 401(k) Plan (NY) $366M · 17,511
Frequently Asked Questions
How did Wolfspeed, Inc. 401(k) Plan assets move in 2022? ▼
How have Wolfspeed, Inc. plan assets changed over time? ▼
Where does Wolfspeed, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Wolfspeed, Inc. 401(k) Plan? ▼
Next read for Wolfspeed, Inc. 401(k) Plan
Filing takeaways
Ways to act on Wolfspeed, Inc. 401(k) Plan's numbers.
- By total assets, Wolfspeed, Inc. 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
- Wolfspeed, Inc.'s sponsor-wide assets have grown 38.2% since 2022 across 3 plan years on file. More Manufacturing plans