401(k) · DOL Form 5500 · 2024

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

Data updated 2026-07-24

$1.2B
Total assets
4,857
Participants
99th
Percentile by assets
$257,027
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Globalfoundries U.S. Inc. 401(k) Plan · Sponsored by Globalfoundries U.S. Inc. · California · Manufacturing

$1.2B in assets, 4,857 participants

Globalfoundries U.S. Inc.'s Globalfoundries U.S. Inc. 401(k) Plan reported $1.2B in total assets and 4,857 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 116,472 plans)

Coverage in California

Globalfoundries U.S. Inc. 401(k) Plan covers 4,857 participants in California, 7.6x the typical California plan (state average ~637 per filing). Assets: $1.2B.

$1.2B
total plan assets (2024 EOY)
4,857
covered participants
99th
percentile by assets (of 116,472 plans)
$257,027
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Globalfoundries U.S. Inc. 401(k) Plan reported net income rose from $55M in the plan year 2023 filing to $107M in the plan year 2024 filing.
  • Globalfoundries U.S. Inc. 401(k) Plan reported participants fell from 6,470 in the plan year 2023 filing to 4,857 in the plan year 2024 filing.
  • Globalfoundries U.S. Inc. 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.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Globalfoundries U.S. Inc. 401(k) Plan reports 4,857 participants - 7.6x that state average ($1.2B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.2B
Net Income$107M
Employer EIN263122131
Plan Effective Date2009-03-02
Filing StatusFILING RECEIVED

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

$1.05B$1.1B$1.15B$1.2B$1.25B$1.3B 202220232024 $1.09B $1.25B ▲ +14.7%
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

Globalfoundries U.S. Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Globalfoundries U.S.…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) PlanCisco Systems,Inc. 4…
Globalfoundries U.S. Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. 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.

Frequently Asked Questions

How did Globalfoundries U.S. Inc. 401(k) Plan assets move in 2024?
Globalfoundries U.S. Inc. 401(k) Plan grew at a solid clip - up 9.4% during 2024, from $1.1B to $1.2B. Reported net income was $107M.
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 116,472 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 Globalfoundries U.S. Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Amcor 401(k) Plan in WI ($1.2B, 6,285 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 263122131.

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