Cree, Inc. 401(k) Plan: Login, Facts & Contact Information

Cree, Inc. 401(k) Plan Facts

Plan name
WOLFSPEED, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WOLFSPEED, INC. · formerly Cree, Inc.
Participants
5,946 (4,007 active employees)
Former employees with a balance
1,762
Plan assets
$504,885,543 at Dec 31, 2024
Average account balance
$87,852 across 5,747 accounts
Employer contributions
$12,938,996 in plan year 2024 (23% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1992
✓ 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 9, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $57.3 million went into the plan in contributions, $12.9 million of it from the employer (23%).
  • $69.5 million was paid out to participants.
  • Investment and other income added $69.1 million.
  • Administrative expenses were $682,981, about $119 per account.

How the Cree, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20195,546$328.3 million$8.85 million$63.8 million
20205,100$386.0 million$8.22 million$29.8 million
20214,607$424.0 million$8.59 million$59.3 million
20224,763$365.3 million$10.8 million$24.1 million
20235,453$448.7 million$13.0 million$50.3 million
20245,946$504.9 million$12.9 million$69.5 million

Cree, Inc. 401(k) Contact Information

Phone
919-407-5729
Mailing address
4600 SILICON DRIVE, DURHAM NC 27703
Plan sponsor
WOLFSPEED, INC.
Employer identification number (EIN)
56-1572719
Plan number
001

Questions about the Cree, Inc. 401(k)

Does Cree, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $12.9 million, 23% of all contributions.

Does the Cree, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Cree, Inc 401(k) plan?

5,946 participants at the start of plan year 2024, 4,007 of them active employees, and 1,762 former employees who still had money in the plan.

What is the average 401(k) balance at Cree, Inc?

About $87,852 per account: $504.9 million in plan assets across 5,747 accounts with a balance at the end of plan year 2024.

Who manages the Cree, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Cree, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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