Employers › Applied Materials
Recordkeeping fees per participant · Applied Materials, Inc. Employee Savings & Retirement Plan · plan year 2024
$24.86
Higher than 33% of the 790 plans over $1B that report it.
= $507,076 / 20,399
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251006160244NAL0003773393001, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006160244NAL0003773393001, received 2025-10-06
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-06.
Administrative expenses excluding investment management, per participant
$26.35
Higher than 23% of the 1,045 plans over $1B that report it.
= $537,576 / 20,399
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251006160244NAL0003773393001, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006160244NAL0003773393001, received 2025-10-06
Administrative expenses per participant
$97.46
Higher than 70% of the 1,076 plans over $1B that report it.
= $1,988,001 / 20,399
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251006160244NAL0003773393001, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006160244NAL0003773393001, received 2025-10-06
Administrative expenses as a share of assets
0.032%
Higher than 33% of the 1,076 plans over $1B that report it.
= $1,988,001 / $6,167,783,700
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251006160244NAL0003773393001, received 2025-10-06
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251006160244NAL0003773393001, received 2025-10-06
Employer contributions per participant
$4,278
Higher than 59% of the 1,135 plans over $1B that report it.
= $87,266,339 / 20,399
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251006160244NAL0003773393001, received 2025-10-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006160244NAL0003773393001, received 2025-10-06
Employer share of total contributions
25.1%
Higher than 22% of the 1,135 plans over $1B that report it.
= $87,266,339 / $348,364,652
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251006160244NAL0003773393001, received 2025-10-06
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251006160244NAL0003773393001, received 2025-10-06
Plan terms are described in Applied Materials, Inc.'s SEC filings: Form 11-K filed 2018-06-21 and Form 10-K filed 2025-12-12. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251006160244NAL0003773393001, received 2025-10-06
| Field | Value | Source |
|---|---|---|
| Plan sponsor | APPLIED MATERIALS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Plan name | APPLIED MATERIALS, INC. EMPLOYEE SAVINGS & RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Sponsor EIN / plan number | 94-1655526 / 333 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Sponsor location | SANTA CLARA, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Industry (business code) | 334410, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Filing received | 2025-10-06 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Participants, beginning of year | 20,057 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Active participants | 15,323 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Participants, end of year | 20,657 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Participants with an account balance | 20,399 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Total assets, beginning of year | $5,148,342,280 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Total assets, end of year | $6,167,783,700 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Net assets, end of year | $6,165,051,366 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Total income | $1,370,259,574 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Net income | $1,018,450,766 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Employer contributions | $87,266,339 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Participant contributions | $231,238,633 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Other contributions (incl. rollovers) | $29,859,680 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Total contributions | $348,364,652 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Benefit payments | $349,536,222 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Total expenses (incl. benefit payments) | $351,808,808 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Total administrative expenses | $1,988,001 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Contract administrator fees | $10,500 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Recordkeeping fees | $507,076 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Investment advisory and management fees | $1,450,425 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Administrative expenses excluding investment management | $537,576 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Held in common/collective trusts | $4,569,085,921 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Held in mutual funds | $964,347,394 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251006160244NAL0003773393001, received 2025-10-06 |
| Independent auditor | BAKER TILLY US, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251006160244NAL0003773393001, received 2025-10-06 |
Position = column in the DOL layout for form year 2024. Filing 20251006160244NAL0003773393001, received 2025-10-06.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees | $517,576 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251006160244NAL0003773393001, received 2025-10-06.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $5,148,342,280 | $6,167,783,700 | 19.8% |
| Participants with a balance | 19,791 | 20,399 | 3.1% |
| Administrative expenses | $1,912,242 | $1,988,001 | 4.0% |
| Recordkeeping fees per participant | $28.85 | $24.86 | -13.8% |
| Employer contributions | $83,810,685 | $87,266,339 | 4.1% |
Prior filing 20241025101340NAL0000057457001, received 2024-10-25; the plan years are contiguous.
Sponsor name as filed: APPLIED MATERIALS, INC.; SEC registrant: APPLIED MATERIALS INC /DE (CIK 6951, matched by EIN; display name from the Form 10-K cover).