401(k) · DOL Form 5500 · 2023

Globalfoundries U.S. Inc. 401(k) Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
6,470
Participants Above avg headcount
99th
Percentile by assets National rank
$176,397
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Globalfoundries U.S. Inc. 401(k) Plan · Sponsored by Globalfoundries U.S. Inc. · California · Manufacturing

$1.1B in assets, 6,470 participants

Globalfoundries U.S. Inc.'s Globalfoundries U.S. Inc. 401(k) Plan reported $1.1B in total assets and 6,470 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.

  • #18,314 in Manufacturing (18,722 peers)

Coverage in California

Globalfoundries U.S. Inc. 401(k) Plan covers 6,470 participants in California, 10x the typical California plan (state average ~630 per filing). Assets: $1.1B.

#18,314
in Manufacturing (18,722 peers)
+5.0%
assets growth YoY
11×
vs typical plan assets (national mean)

Globalfoundries U.S. Inc. 401(k) Plan's outsized position by total assets

Globalfoundries U.S. Inc. 401(k) Plan vs every filed plan by assets

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

$1,141,291,680 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

Globalfoundries U.S. Inc. 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. Globalfoundries U.S. Inc. 401(k) Plan lands in the large band (6,470 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Globalfoundries U.S. Inc. 401(k) Plan reported net income rose from -$177M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • Globalfoundries U.S. Inc. 401(k) Plan end-of-year assets rose from $1.1B in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
  • Globalfoundries U.S. Inc. 401(k) Plan reported participants fell from 6,592 in the plan year 2022 filing to 6,470 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 263122131 · Globalfoundries U.S. Inc. PY 2023 · 401(k)

Globalfoundries U.S. Inc. 401(k) Plan · $1.1B · 6,470 · 99th

  • IND $1.1B
  • IND 6,470
  • IND 99th
  • IND 401(k)
  • IND near Owens Corning Savings Plan
  • IND ind #18314

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 California →

Globalfoundries U.S. Inc. 401(k) Plan in the asset neighbourhood

Globalfoundries U.S. Inc. 401(k) PlanGlobalfoundries U.S. Inc. 40…$1.1BOwens Corning Savings Plan$1.1BPella Corporation 401(k) Savings PlanPella Corporation 401(k) Sav…$1.1BBrookfield 401(k) Savings PlanBrookfield 401(k) Savings Pl…$1.1BJabil 401(k) Retirement Plan$1.1B
End-of-year total assets ($B) among Globalfoundries U.S. Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.1B
Net Income$55M
Employer EIN263122131
Plan Effective Date2009-03-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Globalfoundries U.S. Inc.)

Sponsor-wide plan assets over time

All Globalfoundries U.S. Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 14.887579963395872% vs 2022
2024 filing year
$1.05B$1.1B$1.15B$1.2B$1.25B$1.3B 202220232024 $1.09B $1.25B ▲ +14.7%
Year Plans Participants Total Assets
2022 1 6,592 $1.1B
2023 1 6,470 $1.1B
2024 1 4,857 $1.2B

Nearby 401(k) Plans in California

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

Globalfoundries U.S. Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Globalfoundries U.S. Inc. 401(k) Plan, Total assets ($B): 1.14129168 · Participants: 6470Globalfoundries U.S. Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Globalfoundries U.S. Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Globalfoundries U.S. Inc. 401(k) Plan side-by-side with 3 peers →

Scale composition for Globalfoundries U.S. Inc. 401(k) Plan

Globalfoundries U.S. Inc. 401(k) Plan reports $1.1B in end-of-year assets across 6,470 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 $176,397 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2023 was $55M.

This plan identity (EIN 263122131, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.2B (+14.9%) while covered participants moved from 6,592 to 4,857 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,592 $1.1B Open filing
2023 6,470 $1.1B This page
2024 · index core 4,857 $1.2B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Globalfoundries U.S. Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Owens Corning Savings Plan in OH ($1.1B); by covered participants it is Savs Pl for Emps of Amer Wtr Wks Co Inc & Its Desig Subs in NJ (6,474 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (6,470 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 Globalfoundries U.S. Inc. 401(k) Plan assets move in 2023? ▼
Globalfoundries U.S. Inc. 401(k) Plan grew at a solid clip - up 5.0% during 2023, from $1.1B to $1.1B. Reported net income was $55M.
How have Globalfoundries U.S. Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Globalfoundries U.S. Inc.'s sponsor-wide assets grew 14.9%, from $1.1B to $1.2B.
Where does Globalfoundries U.S. Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Globalfoundries U.S. Inc. 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 Globalfoundries U.S. Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Owens Corning Savings Plan in OH ($1.1B, 4,280 participants).
Which 401(k) plans cover a similar participant headcount to Globalfoundries U.S. Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Savs Pl for Emps of Amer Wtr Wks Co Inc & Its Desig Subs in NJ (6,474 participants, $1.3B 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 263122131.

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.