401(k) · DOL Form 5500 · 2022
Microchip Technology Incorporated 401(k) Plan
Data updated 2026-08-25
- $1.1B
- Total assets Very large vs avg
- 6,310
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $178,412
- Avg per participant Above avg balance/head
Official DOL plan name: Microchip Technology Incorporated Savings Plan · Sponsored by Microchip Technology Incorporated · Arizona · Manufacturing
$1.1B in assets, 6,310 participants
Microchip Technology Incorporated's Microchip Technology Incorporated Savings Plan reported $1.1B in total assets and 6,310 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #20,236 in Manufacturing (20,602 peers)
Coverage in Arizona
Microchip Technology Incorporated Savings Plan covers 6,310 participants in Arizona, 11x the typical Arizona plan (state average ~564 per filing). Assets: $1.1B.
- #20,236
- in Manufacturing (20,602 peers)
- -17.1%
- assets change YoY
- 11×
- vs typical plan assets (national mean)
The plan reported a net loss of $232M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Microchip Technology Incorporated Savings Plan's outsized position by total assets
Microchip Technology Incorporated Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,125,778,607 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Microchip Technology Incorporated Savings 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. Microchip Technology Incorporated Savings Plan lands in the large band (6,310 participants).
Form 5500 schedule snapshot
Filing strip 860629024 · Microchip Technology Incorporated PY 2022 · 401(k)
Microchip Technology Incorporated Savings Plan · $1.1B · 6,310 · 99th
- 5500 $1.1B
- 5500 6,310
- 5500 99th
- 5500 401(k)
- 5500 near Medline Industries, LP Retirement Plan
- 5500 ind #20236
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 Arizona →
Microchip Technology Incorporated Savings Plan in the asset neighbourhood
Arizona filing particulars
| Total Assets (Beginning of Year) | $1.4B |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | -$232M |
| Employer EIN | 860629024 |
| Plan Effective Date | 1989-03-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Microchip Technology Incorporated)
Sponsor-wide plan assets over time
All Microchip Technology Incorporated plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.6B 43.03614254059102% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,310 | $1.1B |
| 2023 | 1 | 6,751 | $1.4B |
| 2024 | 1 | 7,051 | $1.6B |
Nearby 401(k) Plans in Arizona
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Banner Health Employees 401(k) Plan $3.6B · 50,602
- Freeport-Mcmoran Inc. Employee Capital Accumulation Program $1.9B · 12,362
- Republic Services, Inc. 401(k) Plan $1.8B · 28,320
- Stantec 401(k) Plan $1.7B · 8,764
- Reliance Steel & Aluminum Co. Master 401(k) Plan $1.3B · 9,895
Scale composition for Microchip Technology Incorporated Savings Plan
Microchip Technology Incorporated Savings Plan reports $1.1B in end-of-year assets across 6,310 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $178,412 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2022 was -$232M.
This plan identity (EIN 860629024, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.6B (+43.0%) while covered participants moved from 6,310 to 7,051 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,310 | $1.1B | This page |
| 2023 | 6,751 | $1.4B | Open filing |
| 2024 · index core | 7,051 | $1.6B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Microchip Technology Incorporated Savings Plan (401(k), $1.6B, 7,051 participants)
Microchip Technology Incorporated Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Arizona, the nearest 401(k) by assets is Medline Industries, LP Retirement Plan in IL ($1.1B); by covered participants it is Ingram 401(k) Plan in TN (6,311 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.1B here).
- Medline Industries, LP Retirement Plan (IL) $1.1B · 17,377
- Zimmer Biomet Holdings, Inc. Savings and Investment 401(k) Program (IN) $1.1B · 8,427
- Smith & Nephew U.S. Savings Plan (TN) $1.1B · 6,924
- J.B. Hunt Transport Services, Inc. Employee Retirement Plan (AR) $1.1B · 34,174
Similar participant headcount
Nearest other-state filings by covered participants (6,310 participants); asset peers above are excluded.
- Ingram 401(k) Plan (TN) 6,311 · 1 off
- Robert Half International Inc. 401(k) Plan (CA) 6,308 · 2 off
- Southern Veterinary Partners, LLC 401(k) Plan (AL) 6,312 · 2 off
- Apache Industrial Services 401(k) Retirement Plan (TX) 6,315 · 5 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.