Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Sk Hynix Memory Solutions America Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Sk Hynix Memory Solutions America Inc. ยท California ยท Manufacturing

What the 2023 filing shows

Sk Hynix Memory Solutions America Inc. 401(k) Plan holds $108M for 275 participants - about $392,112 per participant, up 26.9% over the 2024 plan year.

$108M
total plan assets (2024 EOY)
275
covered participants
$392,112
avg assets per participant
+26.9%
assets growth YoY
Total Assets (2023)
$108M
Participants
275
State
Industry
Manufacturing

What the Filing Says About Sk Hynix Memory Solutions America Inc. 401(k) Plan

Sk Hynix Memory Solutions America Inc. 401(k) Plan is a Profit Sharing retirement plan sponsored by Sk Hynix Memory Solutions America Inc., headquartered in California. As of the 2024 Form 5500 filing, the plan reports $108M in total end-of-year assets and covers 275 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 651219928, and the plan has been effective since 2004-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $85M at the beginning of 2024 to $108M at year-end โ€” a gain of 26.9%. Net assets (after liabilities) closed the year at $108M, with reported net income of $23M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$85M
Total Assets (End of Year)$108M
Net Assets (End of Year)$108M
Net Income$23M
Plan TypeProfit Sharing
Employer EIN651219928
Plan Effective Date2004-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sk Hynix Memory Solutions America Inc.)

Year Plans Participants Total Assets
2022 1 288 $64M
2023 1 282 $85M
2024 1 275 $108M

Nearby Profit Sharing Plans in California

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Frequently Asked Questions

How much money is in the Sk Hynix Memory Solutions America Inc. 401(k) Plan?
As of the 2024 Form 5500 filing, Sk Hynix Memory Solutions America Inc. 401(k) Plan holds $108M in total assets with 275 participants. It is sponsored by Sk Hynix Memory Solutions America Inc..
What type of plan is Sk Hynix Memory Solutions America Inc. 401(k) Plan?
Sk Hynix Memory Solutions America Inc. 401(k) Plan is a Profit Sharing plan. It has been effective since 2004-03-01. The plan is filed with the U.S. Department of Labor under EIN 651219928.
Who sponsors the Sk Hynix Memory Solutions America Inc. 401(k) Plan?
Sk Hynix Memory Solutions America Inc. 401(k) Plan is sponsored by Sk Hynix Memory Solutions America Inc., located in California. The sponsor's EIN is 651219928 and the plan operates in the Manufacturing industry.
How did Sk Hynix Memory Solutions America Inc. 401(k) Plan perform in 2024?
Sk Hynix Memory Solutions America Inc. 401(k) Plan grew by 26.9% during 2024, moving from $85M to $108M in total assets. Net income was $23M.
Where can I find official filings for Sk Hynix Memory Solutions America Inc. 401(k) Plan?
Official Form 5500 filings for Sk Hynix Memory Solutions America Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 651219928 or plan name at efast.dol.gov.
How does Sk Hynix Memory Solutions America Inc. 401(k) Plan compare to other plans?
You can compare Sk Hynix Memory Solutions America Inc. 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 651219928.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.