401(k) · DOL Form 5500 · 2023

Qorvo US, Inc. 401(k) Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
4,436
Participants Above avg headcount
99th
Percentile by assets National rank
$249,023
Avg per participant Above avg balance/head
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Official DOL plan name: Qorvo 401(k) Plan · Sponsored by Qorvo US, Inc. · Oregon · Manufacturing

$1.1B in assets, 4,436 participants

Qorvo US, Inc.'s Qorvo 401(k) Plan reported $1.1B in total assets and 4,436 participants in its 2023 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.

  • #18,302 in Manufacturing (18,722 peers)

Coverage in Oregon

Qorvo 401(k) Plan covers 4,436 participants in Oregon, 10x the typical Oregon plan (state average ~443 per filing). Assets: $1.1B.

#18,302
in Manufacturing (18,722 peers)
+19.3%
assets growth YoY
11×
vs typical plan assets (national mean)

Qorvo 401(k) Plan's outsized position by total assets

Qorvo 401(k) Plan vs every filed plan by assets

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

$1,104,664,876 Top 1% higher than 99% of 127,068 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 2023

Qorvo 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Qorvo 401(k) Plan lands in the large band (4,436 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Qorvo 401(k) Plan reported net income rose from -$185M in the plan year 2022 filing to $179M in the plan year 2023 filing.
  • Qorvo 401(k) Plan end-of-year assets rose from $926M in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
  • Qorvo 401(k) Plan reported participants fell from 4,538 in the plan year 2022 filing to 4,436 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 953654013 · Qorvo US, Inc. PY 2023 · 401(k)

Qorvo 401(k) Plan · $1.1B · 4,436 · 99th

  • EBSA $1.1B
  • EBSA 4,436
  • EBSA 99th
  • EBSA 401(k)
  • EBSA near Wilmer Cutler Pickering Hale and Dorr LLP Savings and Retirement Plan
  • EBSA ind #18302

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 Oregon →

Qorvo 401(k) Plan in the asset neighbourhood

Arkema Inc. Employees' Retirement Savings (401(k)) PlanArkema Inc. Employees' Retir…$1.1BQorvo 401(k) Plan$1.1BWilmer Cutler Pickering Hale and Dorr LLP Savings and Retirement PlanWilmer Cutler Pickering Hale…$1.1BAllegheny Health Network 401(k) PlanAllegheny Health Network 401…$1.1BWoodside Energy USA Services Inc. Retirement Savings PlanWoodside Energy USA Services…$1.1B
End-of-year total assets ($B) among Qorvo 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Oregon filing particulars

Total Assets (Beginning of Year)$926M
Net Assets (End of Year)$1.1B
Net Income$179M
Employer EIN953654013
Plan Effective Date1990-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Qorvo US, Inc.)

Sponsor-wide plan assets over time

All Qorvo US, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 34.562272362363146% vs 2022
2024 filing year
$0.8B$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $0.93B $1.25B ▲ +34.4%
Year Plans Participants Total Assets
2022 1 4,538 $926M
2023 1 4,436 $1.1B
2024 1 4,237 $1.2B

Nearby 401(k) Plans in Oregon

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

Qorvo 401(k) Plan vs. nearby 401(k) plans in Oregon, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 02468 Total assets ($B) Participants Qorvo 401(k) Plan, Total assets ($B): 1.104664876 · Participants: 4436Qorvo 401(k) Plan401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc., Total assets ($B): 5.902107007 · Participants: 40345401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc.Daimler Truck North America, L.L.C. Employee Retirement Savings Plan, Total assets ($B): 2.354402812 · Participants: 8353Daimler Truck North America, L.L.C. Employee Retirement Savings PlanPrecision Castparts Corp. 401(k) Retirement Savings Plan, Total assets ($B): 2.192492885 · Participants: 16687Precision Castparts Corp. 401(k) Retirement Savings PlanXpo Logistics Retirement Savings Plan, Total assets ($B): 1.809963509 · Participants: 6189Xpo Logistics Retirement Savings PlanPacificorp K Plus Employee Savings Plan, Total assets ($B): 1.59531627 · Participants: 4968Pacificorp K Plus Employee Savings Plan
Qorvo 401(k) Plan vs. nearby 401(k) plans in Oregon, assets vs. participants
Compare Qorvo 401(k) Plan side-by-side with 3 peers →

Qorvo 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Oregon, the nearest 401(k) by assets is Wilmer Cutler Pickering Hale and Dorr LLP Savings and Retirement Plan in MA ($1.1B); by covered participants it is Golden Entertainment, Inc. 401(k) Savings Plan in NV (4,437 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,436 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Qorvo 401(k) Plan assets move in 2023? ▼
Qorvo 401(k) Plan grew sharply - up 19.3% during 2023, from $926M to $1.1B. Reported net income was $179M.
How have Qorvo US, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Qorvo US, Inc.'s sponsor-wide assets grew 34.6%, from $926M to $1.2B.
Where does Qorvo 401(k) Plan rank by assets among Form 5500 filers? ▼
Qorvo 401(k) Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Qorvo 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Wilmer Cutler Pickering Hale and Dorr LLP Savings and Retirement Plan in MA ($1.1B, 1,787 participants).
Which 401(k) plans cover a similar participant headcount to Qorvo 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Golden Entertainment, Inc. 401(k) Savings Plan in NV (4,437 participants, $60M in assets).

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 953654013.

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.