401(k) · DOL Form 5500 · 2024

Qorvo US, Inc. 401(k) Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
4,237
Participants Above avg headcount
99th
Percentile by assets National rank
$293,962
Avg per participant High balance/head
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Official DOL plan name: Qorvo 401(k) Plan · Sponsored by Qorvo US, Inc. · Oregon · Manufacturing

$1.2B in assets, 4,237 participants

Qorvo US, Inc.'s Qorvo 401(k) Plan reported $1.2B in total assets and 4,237 participants in its 2024 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.

  • #17,390 in Manufacturing (17,777 peers)

Coverage in Oregon

Qorvo 401(k) Plan covers 4,237 participants in Oregon, 9.6x the typical Oregon plan (state average ~443 per filing). Assets: $1.2B.

#17,390
in Manufacturing (17,777 peers)
+12.8%
assets growth YoY
12×
vs typical plan assets (national mean)

Qorvo 401(k) Plan's outsized position by total assets

Qorvo 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,245,518,979 Top 1% higher than 99% of 123,620 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 2024

Qorvo 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. Qorvo 401(k) Plan lands in the large band (4,237 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Qorvo 401(k) Plan reported net income fell from $179M in the plan year 2023 filing to $141M in the plan year 2024 filing.
  • Qorvo 401(k) Plan end-of-year assets rose from $1.1B in the plan year 2023 filing to $1.2B in the plan year 2024 filing.
  • Qorvo 401(k) Plan reported participants fell from 4,436 in the plan year 2023 filing to 4,237 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 953654013 · Qorvo US, Inc. PY 2024 · 401(k)

Qorvo 401(k) Plan · $1.2B · 4,237 · 99th

  • BOY $1.2B
  • BOY 4,237
  • BOY 99th
  • BOY 401(k)
  • BOY near Clean Harbors Savings and Retirement Plan
  • BOY ind #17390

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 Oregon →

Qorvo 401(k) Plan in the asset neighbourhood

Qorvo 401(k) Plan$1.2BBrown Health 401(k) Retirement Savings PlanBrown Health 401(k) Retireme…$1.2BSargent & Lundy Savings Investment PlanSargent & Lundy Savings Inve…$1.2BAmcor 401(k) Plan$1.2BClean Harbors Savings and Retirement PlanClean Harbors Savings and Re…$1.2B
End-of-year total assets ($B) among Qorvo 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Oregon filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.2B
Net Income$141M
Employer EIN953654013
Plan Effective Date1990-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Qorvo US, Inc.)

Sponsor-wide plan assets over time

All Qorvo US, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 34.562272362363146% vs 2022
2024 filing year
$0.8B$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $0.93B $1.25B ▲ +34.4%
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 Scatter plot of 6 data points. 010000200003000040000 02468 Total assets ($B) Participants Qorvo 401(k) Plan, Total assets ($B): 1.245518979 · Participants: 4237Qorvo 401(k) Plan401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc., Total assets ($B): 5.896318452 · Participants: 37293401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc.Daimler Truck North America, L.L.C. Employee Retirement Savings Plan, Total assets ($B): 2.72094907 · Participants: 8431Daimler Truck North America, L.L.C. Employee Retirement Savings PlanPrecision Castparts Corp. 401(k) Retirement Savings Plan, Total assets ($B): 2.483708639 · Participants: 17047Precision Castparts Corp. 401(k) Retirement Savings PlanXpo Logistics Retirement Savings Plan, Total assets ($B): 1.888295912 · Participants: 5689Xpo Logistics Retirement Savings PlanPacificorp K Plus Employee Savings Plan, Total assets ($B): 1.771250677 · Participants: 5201Pacificorp K Plus Employee Savings Plan
Qorvo 401(k) Plan vs. nearby 401(k) plans in Oregon, assets vs. participants
Compare Qorvo 401(k) Plan side-by-side with 3 peers →

Qorvo 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Oregon, the nearest 401(k) by assets is Clean Harbors Savings and Retirement Plan in MA ($1.2B); by covered participants it is Employees Savings and Retirement Plan of Credit Suisse in NY (4,237 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,237 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Qorvo 401(k) Plan assets move in 2024? ▼
Qorvo 401(k) Plan grew at a solid clip - up 12.8% during 2024, from $1.1B to $1.2B. Reported net income was $141M.
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 123,622 plans that reported assets for plan year 2024 (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 Clean Harbors Savings and Retirement Plan in MA ($1.2B, 17,223 participants).
Which 401(k) plans cover a similar participant headcount to Qorvo 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Employees Savings and Retirement Plan of Credit Suisse in NY (4,237 participants, $5.4B in assets).

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) - original filing retrieval by EIN 953654013.

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.