Polar Semiconductor, Llc 401(k) Plan: Login, Facts & Contact Information

Polar Semiconductor, Llc 401(k) Plan Facts

Plan name
POLAR SEMICONDUCTOR, LLC RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
POLAR SEMICONDUCTOR, LLC
Participants
766 (559 active employees)
Former employees with a balance
160
Plan assets
$148,684,650 at Dec 31, 2024
Average account balance
$197,194 across 754 accounts
Employer contributions
$2,359,569 in plan year 2024 (30% of all contributions)
Recordkeeper
T Rowe Price Rps Inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1991
✓ 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 Jul 17, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.79 million went into the plan in contributions, $2.36 million of it from the employer (30%).
  • $10.9 million was paid out to participants.
  • Investment and other income added $20.5 million.
  • Administrative expenses were $103,830, about $138 per account.

How the Polar Semiconductor, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019780$117.9 million$1.85 million$5.46 million
2020721$133.7 million$1.12 million$12.7 million
2021707$153.4 million$2.06 million$6.43 million
2022733$120.3 million$2.26 million$9.38 million
2023773$131.4 million$2.34 million$18.6 million
2024766$148.7 million$2.36 million$10.9 million

Polar Semiconductor, Llc 401(k) Contact Information

Phone
952-876-3000
Mailing address
2800 E OLD SHAKOPEE RD, BLOOMINGTON MN 55425
Plan sponsor
POLAR SEMICONDUCTOR, LLC
Employer identification number (EIN)
20-3094949
Plan number
001

Questions about the Polar Semiconductor, Llc 401(k)

Does Polar Semiconductor, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.36 million, 30% of all contributions.

Does the Polar Semiconductor, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Polar Semiconductor, Llc 401(k) plan?

766 participants at the start of plan year 2024, 559 of them active employees, and 160 former employees who still had money in the plan.

What is the average 401(k) balance at Polar Semiconductor, Llc?

About $197,194 per account: $148.7 million in plan assets across 754 accounts with a balance at the end of plan year 2024.

Who manages the Polar Semiconductor, Llc 401(k) accounts?

T. Rowe Price (listed on the filing as T ROWE PRICE RPS INC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Polar Semiconductor, Llc. How do I access my 401(k)?

Your account stays with T. Rowe Price 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.

Related Companies
Headquarter: 2100 HIGHWAY 55, MEDINA, MN, 55340
Headquarter: 300 BRICKSTONE SQUARE 4TH FLOOR, ANDOVER, MA, 01810
Headquarter: 4650 E 53RD STREET, DAVENPORT, IA, 52807
Headquarter: 4121 WILSON BLVD. 10TH FLOOR, ARLINGTON, VA, 22203
Headquarter: 333 S WABASH AVE, WB-20, CHICAGO, IL, 60604