Broadcom 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 $1.22 billion was transferred out of the plan. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

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

Plan name
BROADCOM CORPORATION EMPLOYEE SAVINGS PLAN
Plan type
401(k) with employer contributions
Plan sponsor
BROADCOM CORPORATION
Participants
8,390 (4,675 active employees)
Former employees with a balance
2,951
Plan assets
$1,223,191,324 at Dec 31, 2016
Average account balance
$167,698 across 7,294 accounts
Employer contributions
$19,001,151 in plan year 2016 (17% of all contributions)
Plan year
Jan 1, 2016 – Dec 31, 2016
Plan established
Jun 29, 1993
✓ 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 – Dec 31, 2016), filed Feb 16, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2016

  • $113.1 million went into the plan in contributions, $19.0 million of it from the employer (17%).
  • $109.3 million was paid out to participants.
  • Investment and other income added $80.1 million.
  • Administrative expenses were $52,251, about $7 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20116,494$525.9 million$14.5 million$14.2 million
20127,034$693.2 million$15.9 million$19.1 million
20138,020$963.4 million$17.5 million$31.0 million
20148,390$1.07 billion$17.1 million$75.9 million
20158,268$1.14 billion$17.6 million$53.3 million
2016 (final)8,390$1.22 billion$19.0 million$109.3 million

Broadcom Corporation 401(k) Contact Information

Phone
949-926-5000
Mailing address
5300 CALIFORNIA AVENUE, IRVINE CA 92617
Plan sponsor
BROADCOM CORPORATION
Employer identification number (EIN)
33-0480482
Plan number
001

Questions about the Broadcom Corporation 401(k)

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

No. The plan's final Form 5500 was filed for plan year 2016.

Does Broadcom Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2016 the employer contributed $19.0 million, 17% of all contributions.

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

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

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

8,390 participants at the start of plan year 2016, 4,675 of them active employees, and 2,951 former employees who still had money in the plan.

What is the average 401(k) balance at Broadcom Corporation?

About $167,698 per account: $1.22 billion in plan assets across 7,294 accounts with a balance at the end of plan year 2016.

Who manages the Broadcom 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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