Wolfspeed, Inc. 401(K) Plan — Form 5500 plan (Wolfspeed, Inc.)
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, Wolfspeed, Inc. 401(K) Plan is a benefit plan reported by Wolfspeed, Inc. under EIN 56-1572719 and plan number 001. The latest loaded filing year is 2023. The filing reports 5,453 participants and $448,719,675 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Wolfspeed, Inc.
- EIN
- 56-1572719
- Plan number
- 001
- Plan type
- 2
- Location
- Durham, NC
- Latest filing year
- 2023
- Participants
- 5,453
- End-of-year plan assets
- $448,719,675
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 5,453 | H, C | 20240910082002NAL0009553520001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $448,719,675
- Total liabilities (EOY)
- $19
- Net assets (EOY)
- $448,719,656
- Net assets (BOY)
- $365,309,916
Income & contributions
- Employer contributions
- $13,038,906
- Participant contributions
- $37,151,662
- Total contributions
- $60,195,175
- Total income / additions
- $134,295,511
Expenses & distributions
- Benefits paid
- $50,332,011
- Administrative expenses
- $513,037
- Total expenses
- $50,885,771
- Net increase / (decrease)
- $83,409,740
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $319,208 | $0 | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $155,912 | not reported in the loaded dataset | 2023 |
| Mycio Wealth Partners LLC | INVESTMENT ADVISOR | $31,000 | not reported in the loaded dataset | 2023 |
| Romeo, Wiggins & Company, Llp | ACCOUNTANT/AUDITOR | $10,700 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Wolfspeed, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Durham, NC
- Fidelity Investments Institutional — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Mycio Wealth Partners LLC — Schedule C compensation
- Romeo, Wiggins & Company, Llp — Schedule C compensation