Microchip Technology Incorporated Savings Plan — Form 5500 plan (Microchip Technology Incorporated)

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, Microchip Technology Incorporated Savings Plan is a benefit plan reported by Microchip Technology Incorporated under EIN 86-0629024 and plan number 001. The latest loaded filing year is 2023. The filing reports 8,759 participants and $1,405,197,778 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Microchip Technology Incorporated
EIN
86-0629024
Plan number
001
Plan type
2
Location
Chandler, AZ
Latest filing year
2023
Participants
8,759
End-of-year plan assets
$1,405,197,778

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20238,759H, C20241009125801NAL0018322801001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,405,197,778
Total liabilities (EOY)
$34
Net assets (EOY)
$1,405,197,744
Net assets (BOY)
$1,125,778,600

Income & contributions

Employer contributions
$22,177,299
Participant contributions
$81,716,767
Total contributions
$116,100,605
Total income / additions
$359,876,475

Expenses & distributions

Benefits paid
$79,807,307
Administrative expenses
$647,645
Total expenses
$80,457,331
Net increase / (decrease)
$279,419,144

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$402,646not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$241,655$02023
Cbiz Cpas P.C,ACCOUNTANT/AUDITOR$22,260not reported in the loaded dataset2023

Related Form 5500 pages