Maxim Integrated Products, Inc. 401(k) Plan (terminated 2021): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2021, when $1.28 billion was transferred out of the plan. Assets moved to the ANALOG DEVICES, INC. THE INVESTMENT PARTNERSHIP PLAN (sponsored by ANALOG DEVICES, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the ANALOG DEVICES, INC. THE INVESTMENT PARTNERSHIP PLAN →

Maxim Integrated Products, Inc. 401(k) Plan Facts (plan year 2021)

Plan name
MAXIM INTEGRATED PRODUCTS 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MAXIM INTEGRATED PRODUCTS, INC.
Participants
4,428
Former employees with a balance
0
Employer contributions
$11,816,860 in plan year 2021 (21% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Jan 1, 1985
✓ 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 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 3, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $55.6 million went into the plan in contributions, $11.8 million of it from the employer (21%).
  • $122.2 million was paid out to participants.
  • Investment and other income added $191.5 million.

How the Maxim Integrated Products, Inc. 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20165,392$631.4 million$12.3 million$67.2 million
20174,923$756.6 million$12.0 million$55.9 million
20184,845$709.6 million$12.1 million$55.2 million
20194,832$892.5 million$11.7 million$50.5 million
20204,717$1.16 billion$11.9 million$63.5 million
2021 (final)4,428$0$11.8 million$122.2 million

Maxim Integrated Products, Inc. 401(k) Contact Information

Phone
972-371-4141
Mailing address
160 RIO ROBLES, SAN JOSE CA 95134
Plan sponsor
MAXIM INTEGRATED PRODUCTS, INC.
Employer identification number (EIN)
94-2896096
Plan number
001

Questions about the Maxim Integrated Products, Inc. 401(k)

Is the Maxim Integrated Products, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2021. Its assets were transferred to the ANALOG DEVICES, INC. THE INVESTMENT PARTNERSHIP PLAN.

Does Maxim Integrated Products, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $11.8 million, 21% of all contributions.

Does the Maxim Integrated Products, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Maxim Integrated Products, Inc 401(k) plan?

4,428 participants at the start of plan year 2021.

Who manages the Maxim Integrated Products, 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.

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