401(k) · DOL Form 5500 · 2024
Microchip Technology Incorporated 401(k) Plan
Data updated 2026-08-11
- $1.6B
- Total assets
- 7,051
- Participants
- 99th
- Percentile by assets
- $228,375
- Avg per participant
Official DOL plan name: Microchip Technology Incorporated Savings Plan · Sponsored by Microchip Technology Incorporated · Arizona · Manufacturing
$1.6B in assets, 7,051 participants
Microchip Technology Incorporated's Microchip Technology Incorporated Savings Plan reported $1.6B in total assets and 7,051 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.
- 99th percentile by assets (of 123,622 plans)
- #17,467 in Manufacturing (17,777 peers)
Coverage in Arizona
Microchip Technology Incorporated Savings Plan covers 7,051 participants in Arizona, 13x the typical Arizona plan (state average ~564 per filing). Assets: $1.6B.
- $1.6B
- total plan assets (2024 EOY)
- 7,051
- covered participants
- 99th
- percentile by assets (of 123,622 plans)
- $228,375
- avg assets per participant
Where Microchip Technology Incorporated Savings Plan sits by total assets
Microchip Technology Incorporated Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,610,270,293 Top 1% higher than 99% 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
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Microchip Technology Incorporated Savings Plan reported net income fell from $279M in the plan year 2023 filing to $205M in the plan year 2024 filing.
- Microchip Technology Incorporated Savings Plan end-of-year assets rose from $1.4B in the plan year 2023 filing to $1.6B in the plan year 2024 filing.
- Microchip Technology Incorporated Savings Plan reported participants rose from 6,751 in the plan year 2023 filing to 7,051 in the plan year 2024 filing.
Participants vs Arizona filers
In Arizona, the average filing covers about 564 participants across 2,304 plans. Microchip Technology Incorporated Savings Plan reports 7,051 participants - 13x that state average ($1.6B EOY assets).
Arizona filing particulars
| Total Assets (Beginning of Year) | $1.4B |
|---|---|
| Net Assets (End of Year) | $1.6B |
| Net Income | $205M |
| Employer EIN | 860629024 |
| Plan Effective Date | 1989-03-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Microchip Technology Incorporated)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6,310 | $1.1B |
| 2023 | 1 | 6,751 | $1.4B |
| 2024 | 1 | 7,051 | $1.6B |
Nearby 401(k) Plans in Arizona
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Bechtel Trust & Thrift Plan $6.1B · 7,971
- Banner Health Employees 401(k) Plan $4.9B · 54,731
- Freeport-Mcmoran Inc. Employee Capital Accumulation Program $2.7B · 13,770
- Republic Services, Inc. 401(k) Plan $2.7B · 32,629
- Stantec 401(k) Plan $2.3B · 11,603
Scale composition for Microchip Technology Incorporated Savings Plan
Microchip Technology Incorporated Savings Plan reports $1.6B in end-of-year assets across 7,051 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $228,375 per participant (1.7x the national average assets-per-participant) . Net income for plan year 2024 was $205M.
This plan identity (EIN 860629024, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.6B (+43.0%) while covered participants moved from 6,310 to 7,051 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,310 | $1.1B | Open filing |
| 2023 | 6,751 | $1.4B | Open filing |
| 2024 · index core | 7,051 | $1.6B | This page |
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Microchip Technology Incorporated Savings Plan by total assets, not by location.
- Constellation Software (U.S.a.) Inc. Retirement Savings Plan (IL) $1.6B · 12,777
- Club Futuresave Plan (CA) $1.6B · 13,605
- Icon Clinical Research, LLC 401(k) Plan (PA) $1.6B · 12,588
- Atrius 401(k) Retirement Savings Plan (MN) $1.6B · 5,484
Frequently Asked Questions
How did Microchip Technology Incorporated Savings Plan assets move in 2024? ▼
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Where does Microchip Technology Incorporated Savings Plan rank by assets among Form 5500 filers? ▼
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Next read for Microchip Technology Incorporated Saving…
Filing takeaways
Ways to act on Microchip Technology Incorporated Savings Plan's numbers.
- By total assets, Microchip Technology Incorporated Savings 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 Arizona. Compare plans
- Microchip Technology Incorporated's sponsor-wide assets have grown 43.0% since 2022 across 3 plan years on file. More Manufacturing plans