401(k) · DOL Form 5500 · 2024
Wolfspeed, Inc. 401(k) Plan
Data updated 2026-08-25
- $505M
- Total assets Above avg plan size
- 4,437
- Participants Above avg headcount
- 97th
- Percentile by assets National rank
- $113,790
- Avg per participant Below avg balance/head
Official DOL plan name: Wolfspeed, Inc. 401(k) Plan · Sponsored by Wolfspeed, Inc. · North Carolina · Manufacturing
$505M in assets, 4,437 participants
Wolfspeed, Inc.'s Wolfspeed, Inc. 401(k) Plan reported $505M in total assets and 4,437 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- #16,992 in Manufacturing (17,777 peers)
Coverage in North Carolina
Wolfspeed, Inc. 401(k) Plan covers 4,437 participants in North Carolina, 5.4x the typical North Carolina plan (state average ~819 per filing). Assets: $505M.
- #16,992
- in Manufacturing (17,777 peers)
- +12.5%
- assets growth YoY
- 5.1×
- vs typical plan assets (national mean)
Wolfspeed, Inc. 401(k) Plan's outsized position by total assets
Wolfspeed, Inc. 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$504,885,543 Top 3% higher than 97% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Wolfspeed, Inc. 401(k) Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wolfspeed, Inc. 401(k) Plan lands in the large band (4,437 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Wolfspeed, Inc. 401(k) Plan reported net income fell from $83M in the plan year 2023 filing to $56M in the plan year 2024 filing.
- Wolfspeed, Inc. 401(k) Plan end-of-year assets rose from $449M in the plan year 2023 filing to $505M in the plan year 2024 filing.
- Wolfspeed, Inc. 401(k) Plan reported participants rose from 4,065 in the plan year 2023 filing to 4,437 in the plan year 2024 filing.
DOL schedule card
Filing strip 561572719 · Wolfspeed, Inc. PY 2024 · 401(k)
Wolfspeed, Inc. 401(k) Plan · $505M · 4,437 · 97th
- TYPE $505M
- NET 4,437
- BOOK 97th
- VS-ST 401(k)
- BOY near Holt Companies Retirement Plan
- SCH ind #16992
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 North Carolina →
Wolfspeed, Inc. 401(k) Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $449M |
|---|---|
| Net Assets (End of Year) | $505M |
| Net Income | $56M |
| Employer EIN | 561572719 |
| Plan Effective Date | 1992-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wolfspeed, Inc.)
Sponsor-wide plan assets over time
All Wolfspeed, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $505M 38.20745264939776% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,365 | $365M |
| 2023 | 1 | 4,065 | $449M |
| 2024 | 1 | 4,437 | $505M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $62.9B · 168,963
- Honeywell 401(k) Plan $16.3B · 39,468
- Duke Energy Retirement Savings Plan $11.3B · 27,341
- Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
- Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699
Wolfspeed, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Holt Companies Retirement Plan in TX ($505M); by covered participants it is Sovereign Healthcare 401(k) Plan in FL (4,437 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($505M here).
- Holt Companies Retirement Plan (TX) $505M · 4,257
- H. Lee Moffitt Cancer Center & Research Inst, Inc. Retire Plan (FL) $505M · 6,978
- Kroll 401(k) Retirement Savings Plan (NY) $505M · 2,018
- The Plymouth Rock Companies Savings and Investment Plan (MA) $505M · 1,890
Similar participant headcount
Nearest other-state filings by covered participants (4,437 participants); asset peers above are excluded.
- Sovereign Healthcare 401(k) Plan (FL) 4,437 · 0 off
- Mccain Foods USA, Inc. Retirement Plan (IL) 4,438 · 1 off
- Rue21 401(k) Profit Sharing Plan (PA) 4,435 · 2 off
- Cantex Continuing Care Network Employees Savings Trust (TX) 4,442 · 5 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.