Altera Corporation 401(k) Plan (terminated 2016): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2016, when $359.4 million was transferred out of the plan. Assets moved to the INTEL 401(K) SAVINGS PLAN (sponsored by INTEL CORPORATION). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the INTEL 401(K) SAVINGS PLAN →

Altera Corporation 401(k) Plan Facts (plan year 2016)

Plan name
ALTERA CORPORATION SAVINGS AND RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ALTERA CORPORATION
Participants
2,225
Former employees with a balance
0
Employer contributions
$6,429,130 in plan year 2016 (21% of all contributions)
Plan year
Jan 1, 2016 – Nov 30, 2016
Plan established
Apr 1, 1987
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2016 (Jan 1, 2016 – Nov 30, 2016), filed May 5, 2017. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2016

  • $31.0 million went into the plan in contributions, $6.43 million of it from the employer (21%).
  • $27.1 million was paid out to participants.
  • Investment and other income added $15.5 million.

How the Altera Corporation 401(k) changed, 2011–2016

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20111,732$201.2 million$5.27 million$11.3 million
20121,832$240.7 million$5.77 million$15.8 million
20132,000$304.2 million$5.88 million$17.2 million
20142,054$331.1 million$6.30 million$23.4 million
20152,151$339.9 million$6.32 million$18.7 million
2016 (final)2,225$0$6.43 million$27.1 million

Altera Corporation 401(k) Contact Information

Phone
408-544-7874
Mailing address
101 INNOVATION DRIVE, SAN JOSE CA 95134
Plan sponsor
ALTERA CORPORATION
Employer identification number (EIN)
77-0016691
Plan number
001

Questions about the Altera Corporation 401(k)

Is the Altera Corporation 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2016. Its assets were transferred to the INTEL 401(K) SAVINGS PLAN.

Does Altera Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2016 the employer contributed $6.43 million, 21% of all contributions.

Does the Altera Corporation 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Altera Corporation 401(k) plan?

2,225 participants at the start of plan year 2016.

Who manages the Altera Corporation 401(k) accounts?

Fidelity NetBenefits is the plan's recordkeeper, which is where participants log in to see their balance.

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