Infineon Technologies North America Corp. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2014. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Infineon Technologies North America Corp. 401(k) Plan Facts (plan year 2014)

Plan name
INFINEON TECHNOLOGIES SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
INFINEON TECHNOLOGIES NORTH AMERICA CORP.
Participants
1,190 (522 active employees)
Former employees with a balance
922
Plan assets
$192,537,865 at Dec 31, 2014
Average account balance
$133,244 across 1,445 accounts
Employer contributions
$5,034,529 in plan year 2014 (43% of all contributions)
Plan year
Jan 1, 2014 – Dec 31, 2014
Plan established
Jan 1, 2001
✓ 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 2014 (Jan 1, 2014 – Dec 31, 2014), filed Oct 13, 2015. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2014

  • $11.8 million went into the plan in contributions, $5.03 million of it from the employer (43%).
  • $11.7 million was paid out to participants.
  • Investment and other income added $11.0 million.
  • Administrative expenses were $68,710, about $48 per account.

How the Infineon Technologies North America Corp. 401(k) changed, 2009–2014

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20091,786$122.6 million$5.38 million$7.64 million
20101,797$143.8 million$5.76 million$7.77 million
20111,730$129.4 million$4.16 million$23.2 million
20121,502$150.7 million$3.95 million$9.64 million
20131,473$181.4 million$4.25 million$11.2 million
20141,190$192.5 million$5.03 million$11.7 million

Infineon Technologies North America Corp. 401(k) Contact Information

Phone
408-503-2667
Mailing address
640 NORTH MCCARTHY BOULEVARD, MILPITAS CA 95035
Plan sponsor
INFINEON TECHNOLOGIES NORTH AMERICA CORP.
Employer identification number (EIN)
52-2131463
Plan number
002

Questions about the Infineon Technologies North America Corp. 401(k)

Is the Infineon Technologies North America Corp 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2014, and no later filing was found under this employer's EIN.

Does Infineon Technologies North America Corp contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2014 the employer contributed $5.03 million, 43% of all contributions.

Does the Infineon Technologies North America Corp 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Infineon Technologies North America Corp 401(k) plan?

1,190 participants at the start of plan year 2014, 522 of them active employees, and 922 former employees who still had money in the plan.

What is the average 401(k) balance at Infineon Technologies North America Corp?

About $133,244 per account: $192.5 million in plan assets across 1,445 accounts with a balance at the end of plan year 2014.

Who manages the Infineon Technologies North America Corp 401(k) accounts?

Schwab Retirement Plan Services is the plan's recordkeeper, which is where participants log in to see their balance.

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