401(k) · DOL Form 5500 · 2023

Polar Semiconductor, LLC 401(k) Plan

Data updated 2026-08-11

$131M
Total assets
548
Participants
93rd
Percentile by assets
$239,740
Avg per participant
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Official DOL plan name: Polar Semiconductor, LLC Retirement Savings Plan · Sponsored by Polar Semiconductor, LLC · Minnesota · Manufacturing

$131M in assets, 548 participants

Polar Semiconductor, LLC's Polar Semiconductor, LLC Retirement Savings Plan reported $131M in total assets and 548 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #16,680 in Manufacturing (18,722 peers)

Coverage in Minnesota

Polar Semiconductor, LLC Retirement Savings Plan covers 548 participants in Minnesota, about 49% of the average Minnesota filer (state average ~1,126 per filing). Assets: $131M.

$131M
total plan assets (2023 EOY)
548
covered participants
93rd
percentile by assets (of 127,072 plans)
$239,740
avg assets per participant

Where Polar Semiconductor, LLC Retirement Savings Plan sits by total assets

Polar Semiconductor, LLC Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$131,377,473 Top 7% higher than 93% of 127,068 filed plans

This plan $0 $2,010,000,000 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Polar Semiconductor, LLC Retirement Savings Plan reported net income rose from -$33M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Polar Semiconductor, LLC Retirement Savings Plan end-of-year assets rose from $120M in the plan year 2022 filing to $131M in the plan year 2023 filing.
  • Polar Semiconductor, LLC Retirement Savings Plan reported participants rose from 514 in the plan year 2022 filing to 548 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Minnesota
Industry
Manufacturing

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Polar Semiconductor, LLC Retirement Savings Plan reports 548 participants - about 49% of that state average ($131M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$120M
Net Assets (End of Year)$131M
Net Income$11M
Employer EIN203094949
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Polar Semiconductor, LLC)

$110M$120M$130M$140M$150M$160M 202220232024 $120M $149M ▲ +23.6%
Total plan assets by year, all Polar Semiconductor, LLC plans on file
Year Plans Participants Total Assets
2022 1 514 $120M
2023 1 548 $131M
2024 1 539 $149M

Nearby 401(k) Plans in Minnesota

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

Polar Semiconductor, LLC Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Polar Semiconductor,…, Total assets ($B): 0.131377473 · Participants: 548Polar Semiconductor,…Unitedhealth Group 4…, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 4…Target Corporation 4…, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 4…Medtronic Savings an…, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings an…3M Voluntary Investm…, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investm…U.S. Bank 401(k) Sav…, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Sav…
Polar Semiconductor, LLC Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Polar Semiconductor, LLC Retirement Savi… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Polar Semiconductor, LLC Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Polar Semiconductor, LLC Retirement Savings Plan assets move in 2023? ▼
Polar Semiconductor, LLC Retirement Savings Plan grew at a solid clip - up 9.2% during 2023, from $120M to $131M. Reported net income was $11M.
How have Polar Semiconductor, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Polar Semiconductor, LLC's sponsor-wide assets grew 23.6%, from $120M to $149M.
Where does Polar Semiconductor, LLC Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Polar Semiconductor, LLC Retirement Savings Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Polar Semiconductor, LLC Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sage Publications, Inc. 401(k) Profit Sharing Plan in CA ($131M, 701 participants).

Next read for Polar Semiconductor, LLC Retirement Savi…

Filing takeaways

Ways to act on Polar Semiconductor, LLC Retirement Savings Plan's numbers.

  • By total assets, Polar Semiconductor, LLC Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
  • Polar Semiconductor, LLC's sponsor-wide assets have grown 23.6% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 203094949.

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.