401(k) · DOL Form 5500 · 2024

Semtech Corporation 401(k) Plan

Data updated 2026-08-11

$139M
Total assets
516
Participants
93rd
Percentile by assets
$270,315
Avg per participant
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Official DOL plan name: Semtech Corporation Retirement Savings Plan · Sponsored by Semtech Corporation · California · Manufacturing

$139M in assets, 516 participants

Semtech Corporation's Semtech Corporation Retirement Savings Plan reported $139M in total assets and 516 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #15,782 in Manufacturing (17,777 peers)

Where Semtech Corporation Retirement Savings Plan sits by assets

Semtech Corporation Retirement Savings Plan sits in the top 10% of all filed plans by assets, $139M for 516 participants (~$270,315/participant), up 14.0% in 2024.

$139M
total plan assets (2024 EOY)
516
covered participants
93rd
percentile by assets (of 123,622 plans)
$270,315
avg assets per participant

Where Semtech Corporation Retirement Savings Plan sits by total assets

Semtech Corporation Retirement Savings Plan vs every filed plan by assets

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

$139,482,629 Top 7% higher than 93% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Semtech Corporation Retirement Savings Plan reported participants rose from 404 in the plan year 2023 filing to 516 in the plan year 2024 filing.
  • Semtech Corporation Retirement Savings Plan end-of-year assets rose from $122M in the plan year 2023 filing to $139M in the plan year 2024 filing.
  • Semtech Corporation Retirement Savings Plan reported net income fell from $17M in the plan year 2023 filing to $17M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
California
Industry
Manufacturing

Semtech Corporation Retirement Savings Plan vs the 2024 asset distribution

By assets, Semtech Corporation Retirement Savings Plan outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$122M
Net Assets (End of Year)$139M
Net Income$17M
Employer EIN952119684
Plan Effective Date1987-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Semtech Corporation)

$100M$120M$140M$160M 202220232024 $105M $139M ▲ +33.0%
Total plan assets by year, all Semtech Corporation plans on file
Year Plans Participants Total Assets
2022 1 389 $105M
2023 1 404 $122M
2024 1 516 $139M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Semtech Corporation Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Semtech Corporation …, Total assets ($B): 0.139482629 · Participants: 516Semtech Corporation …Google LLC 401(k) Sa…, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Sa…Oracle Corporation 4…, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 4…Intel 401(k) Savings…, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings…Apple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 4…, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 4…
Semtech Corporation Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Semtech Corporation Retirement Savings P… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Semtech Corporation Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Semtech Corporation Retirement Savings Plan assets move in 2024? ▼
Semtech Corporation Retirement Savings Plan grew at a solid clip - up 14.0% during 2024, from $122M to $139M. Reported net income was $17M.
How have Semtech Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Semtech Corporation's sponsor-wide assets grew 33.0%, from $105M to $139M.
Where does Semtech Corporation Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Semtech Corporation Retirement Savings Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Semtech Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Apogee Medical Group, Inc. 401(k) Plan in AZ ($139M, 1,048 participants).

Next read for Semtech Corporation Retirement Savings P…

Scale reading

Ways to act on Semtech Corporation Retirement Savings Plan's numbers.

  • By total assets, Semtech Corporation Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
  • Semtech Corporation's sponsor-wide assets have grown 33.0% 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 952119684.

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.