401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-11

$1.1B
Total assets: 6,470
Participants: 99th
Percentile by assets: $176,397
Avg per participant

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.

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

$1.1B
total plan assets (2023 EOY): 6,470
covered participants: 99th
percentile by assets (of 127,072 plans): $176,397
avg assets per participant

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 →

State

California

Industry

Manufacturing

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Globalfoundries U.S. Inc. 401(k) Plan reports 6,470 participants - 10x that state average ($1.1B EOY assets).

California filing particulars

Total Assets (Beginning of Year)	$1.1B
Net Assets (End of Year)	$1.1B
Net Income	$55M
Employer EIN	263122131
Plan Effective Date	2009-03-02
Filing Status	FILING RECEIVED

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

Total plan assets by year, all Globalfoundries U.S. Inc. plans on file

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

Wells Fargo & Company 401(k) Plan $51.8B · 193,919
Google LLC 401(k) Savings Plan $39.0B · 122,867
Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
Intel 401(k) Savings Plan $22.2B · 59,863
Apple 401(k) Plan $19.8B · 106,111

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 (401(k), $1.2B, 4,857 participants)

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Globalfoundries U.S. Inc. 401(k) Plan by total assets, not by location.

Owens Corning Savings Plan (OH) $1.1B · 4,280
Pella Corporation 401(k) Savings Plan (IA) $1.1B · 9,243
Brookfield 401(k) Savings Plan (OH) $1.1B · 5,828
Jabil 401(k) Retirement Plan (FL) $1.1B · 9,601

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).

Next read for Globalfoundries U.S. Inc. 401(k) Plan

Filing takeaways

Ways to act on Globalfoundries U.S. Inc. 401(k) Plan's numbers.

By total assets, Globalfoundries U.S. Inc. 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 California. Compare plans
Globalfoundries U.S. Inc.'s sponsor-wide assets have grown 14.9% 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 263122131.