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, Onsemi 401(K) Plan is a benefit plan reported by On Semiconductor Corporation under EIN 36-3840979 and plan number 001. The latest loaded filing year is 2023. The filing reports 5,876 participants and $1,202,481,653 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,202,481,653
- Total liabilities (EOY)
- $7
- Net assets (EOY)
- $1,202,481,646
- Net assets (BOY)
- $1,096,569,224
Income & contributions
- Employer contributions
- $22,031,438
- Participant contributions
- $53,050,515
- Total contributions
- $119,464,314
- Total income / additions
- $300,386,355
Expenses & distributions
- Benefits paid
- $195,541,627
- Administrative expenses
- $450,838
- Total expenses
- $196,056,735
- Net increase / (decrease)
- $104,329,620