2023 Form 5500 filing — Polar Semiconductor, LLC Retirement Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240916135442NAL0002193360001) for Polar Semiconductor, LLC Retirement Savings Plan, reported by Polar Semiconductor, LLC under EIN 20-3094949 and plan number 001. It reports 773 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$131.4MReported net assets$131,377,473
Participants773
Provider compensation$56.9K2 Schedule C row(s)$56,946
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240916135442NAL0002193360001
- Plan sponsor
- Polar Semiconductor, LLC
- EIN
- 20-3094949
- Plan number
- 001
- Location
- Bloomington, MN
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$131.4M total assets
Net assets$131.4MLiabilities$0
Full reported line items
- Total assets (EOY)
- $131,377,473
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $131,377,473
- Employer contributions
- $2,335,522
- Participant contributions
- $5,014,640
- Total income / additions
- $29,723,613
- Benefits paid
- $18,594,743
- Administrative expenses
- $67,452
- Total expenses
- $18,662,195
- Net increase / (decrease)
- $11,061,418
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| T Rowe Price Rps Inc | NONE | $37,946 | $0 |
| Sikich Capital Management LLC | NONE | $19,000 | not reported in the loaded dataset |