401(k) · DOL Form 5500 · 2023

Qorvo US, Inc. 401(k) Plan

Data updated 2026-08-11

$1.1B
Total assets: 4,436
Participants: 99th
Percentile by assets: $249,023
Avg per participant

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.

99th percentile by assets (of 127,072 plans)
#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.

$1.1B
total plan assets (2023 EOY): 4,436
covered participants: 99th
percentile by assets (of 127,072 plans): $249,023
avg assets per participant

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 →

State

Oregon

Industry

Manufacturing

Participants vs Oregon filers

In Oregon, the average filing covers about 443 participants across 1,736 plans. Qorvo 401(k) Plan reports 4,436 participants - 10x that state average ($1.1B EOY assets).

Oregon filing particulars

Total Assets (Beginning of Year)	$926M
Net Assets (End of Year)	$1.1B
Net Income	$179M
Employer EIN	953654013
Plan Effective Date	1990-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Qorvo US, Inc.)

Total plan assets by year, all Qorvo US, Inc. plans on file

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

401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc. $5.9B · 40,345
Daimler Truck North America, L.L.C. Employee Retirement Savings Plan $2.4B · 8,353
Precision Castparts Corp. 401(k) Retirement Savings Plan $2.2B · 16,687
Xpo Logistics Retirement Savings Plan $1.8B · 6,189
Pacificorp K Plus Employee Savings Plan $1.6B · 4,968

Compare Qorvo 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Qorvo 401(k) Plan by total assets, not by location.

Wilmer Cutler Pickering Hale and Dorr LLP Savings and Retirement Plan (MA) $1.1B · 1,787
Arkema Inc. Employees' Retirement Savings (401(k)) Plan (PA) $1.1B · 2,978
Allegheny Health Network 401(k) Plan (PA) $1.1B · 20,362
Woodside Energy USA Services Inc. Retirement Savings Plan (TX) $1.1B · 737

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).

Next read for Qorvo 401(k) Plan

Filing takeaways

Ways to act on Qorvo 401(k) Plan's numbers.

By total assets, Qorvo 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Oregon. Compare plans
Qorvo US, Inc.'s sponsor-wide assets have grown 34.6% 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 953654013.