Polar Semiconductor, LLC Retirement Savings Plan — Form 5500 plan (Polar Semiconductor, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Polar Semiconductor, LLC Retirement Savings Plan is a benefit plan reported by Polar Semiconductor, LLC under EIN 20-3094949 and plan number 001. The latest loaded filing year is 2023. The filing reports 773 participants and $131,377,473 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Polar Semiconductor, LLC
EIN
20-3094949
Plan number
001
Plan type
2
Location
Bloomington, MN
Latest filing year
2023
Participants
773
End-of-year plan assets
$131,377,473

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023773H, C20240916135442NAL0002193360001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$131,377,473
Total liabilities (EOY)
$0
Net assets (EOY)
$131,377,473
Net assets (BOY)
$120,316,055

Income & contributions

Employer contributions
$2,335,522
Participant contributions
$5,014,640
Total contributions
$7,486,773
Total income / additions
$29,723,613

Expenses & distributions

Benefits paid
$18,594,743
Administrative expenses
$67,452
Total expenses
$18,662,195
Net increase / (decrease)
$11,061,418

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
T Rowe Price Rps IncNONE$37,946$02023
Sikich Capital Management LLCNONE$19,000not reported in the loaded dataset2023

Related Form 5500 pages