Employers › Cirrus Logic
Recordkeeping fees per participant · Cirrus Logic, Inc. 401(k) Profit Sharing Plan · plan year 2024
$18.52
Higher than 15% of the 1,697 plans $250M to 1B that report it.
= $31,119 / 1,680
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251002180807NAL0000769297001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002180807NAL0000769297001, received 2025-10-02
Percentiles compare this plan with the Schedule H plans $250M to 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 2025-10-02.
Administrative expenses excluding investment management, per participant
$18.52
Higher than 10% of the 2,324 plans $250M to 1B that report it.
= $31,119 / 1,680
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251002180807NAL0000769297001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002180807NAL0000769297001, received 2025-10-02
Administrative expenses per participant
$18.52
Higher than 7% of the 2,405 plans $250M to 1B that report it.
= $31,119 / 1,680
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002180807NAL0000769297001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002180807NAL0000769297001, received 2025-10-02
Administrative expenses as a share of assets
0.008%
Higher than 5% of the 2,407 plans $250M to 1B that report it.
= $31,119 / $373,376,068
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002180807NAL0000769297001, received 2025-10-02
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251002180807NAL0000769297001, received 2025-10-02
Employer contributions per participant
$3,901
Higher than 62% of the 2,457 plans $250M to 1B that report it.
= $6,554,429 / 1,680
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002180807NAL0000769297001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002180807NAL0000769297001, received 2025-10-02
Employer share of total contributions
22.9%
Higher than 24% of the 2,459 plans $250M to 1B that report it.
= $6,554,429 / $28,594,183
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002180807NAL0000769297001, received 2025-10-02
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251002180807NAL0000769297001, received 2025-10-02
Plan terms are described in Cirrus Logic, Inc.'s SEC filings: Form 10-K filed 2026-05-21. 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) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251002180807NAL0000769297001, received 2025-10-02
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CIRRUS LOGIC, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Plan name | CIRRUS LOGIC, INC. 401(K) PROFIT SHARING PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Sponsor EIN / plan number | 77-0024818 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Sponsor location | AUSTIN, TX | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Industry (business code) | 334410, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Filing received | 2025-10-02 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Participants, beginning of year | 1,695 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Active participants | 1,101 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Participants, end of year | 1,727 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Participants with an account balance | 1,680 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Total assets, beginning of year | $312,852,510 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Total assets, end of year | $373,376,068 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Net assets, end of year | $373,376,068 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Total income | $78,103,695 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Net income | $60,523,558 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Employer contributions | $6,554,429 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Participant contributions | $20,484,213 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Other contributions (incl. rollovers) | $1,555,541 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Total contributions | $28,594,183 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Benefit payments | $17,521,584 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Total expenses (incl. benefit payments) | $17,580,137 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Total administrative expenses | $31,119 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Recordkeeping fees | $31,119 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Administrative expenses excluding investment management | $31,119 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Held in common/collective trusts | $136,402,507 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Held in mutual funds | $234,887,753 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251002180807NAL0000769297001, received 2025-10-02 |
| Independent auditor | ALEXANDER LIEVENS LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251002180807NAL0000769297001, received 2025-10-02 |
Position = column in the DOL layout for form year 2024. Filing 20251002180807NAL0000769297001, received 2025-10-02.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INCrecordkeeper | NONE | 15 Recordkeeping and information management; 50 Direct payment from the plan; 64 Recordkeeping fees | $31,119 | no |
| CHARLES SCHWAB & CO., INC. | NONE | 59 Shareholder servicing fees | $0 | 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 20251002180807NAL0000769297001, received 2025-10-02.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $312,852,510 | $373,376,068 | 19.3% |
| Participants with a balance | 1,648 | 1,680 | 1.9% |
| Administrative expenses | $37,124 | $31,119 | -16.2% |
| Recordkeeping fees per participant | $22.53 | $18.52 | -17.8% |
| Employer contributions | $6,358,161 | $6,554,429 | 3.1% |
Prior filing 20241001112317NAL0003934739001, received 2024-10-01; the plan years are contiguous.
Sponsor name as filed: CIRRUS LOGIC, INC.; SEC registrant: CIRRUS LOGIC, INC. (CIK 772406, matched by EIN; display name from the Form 10-K cover).