Employers › Wolfspeed
Recordkeeping fees per participant · Wolfspeed, Inc. 401(k) Plan · plan year 2024
$79.05
Higher than 85% of the 1,697 plans $250M to 1B that report it.
= $454,297 / 5,747
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250909091151NAL0012796051001, received 2025-09-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250909091151NAL0012796051001, received 2025-09-09
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 2025-09-09.
Administrative expenses excluding investment management, per participant
$85.61
Higher than 67% of the 2,324 plans $250M to 1B that report it.
= $491,997 / 5,747
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250909091151NAL0012796051001, received 2025-09-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250909091151NAL0012796051001, received 2025-09-09
Administrative expenses per participant
$118.84
Higher than 70% of the 2,405 plans $250M to 1B that report it.
= $682,981 / 5,747
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250909091151NAL0012796051001, received 2025-09-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250909091151NAL0012796051001, received 2025-09-09
Administrative expenses as a share of assets
0.135%
Higher than 80% of the 2,407 plans $250M to 1B that report it.
= $682,981 / $504,885,543
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250909091151NAL0012796051001, received 2025-09-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250909091151NAL0012796051001, received 2025-09-09
Employer contributions per participant
$2,251
Higher than 32% of the 2,457 plans $250M to 1B that report it.
= $12,938,996 / 5,747
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250909091151NAL0012796051001, received 2025-09-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250909091151NAL0012796051001, received 2025-09-09
Employer share of total contributions
22.6%
Higher than 23% of the 2,459 plans $250M to 1B that report it.
= $12,938,996 / $57,311,071
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250909091151NAL0012796051001, received 2025-09-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250909091151NAL0012796051001, received 2025-09-09
Plan terms are described in Wolfspeed, Inc.'s SEC filings: Form 10-K filed 2026-08-20. No term could be quoted from them with the required precision.
2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 3D IRS pre-approved plan · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250909091151NAL0012796051001, received 2025-09-09
| Field | Value | Source |
|---|---|---|
| Plan sponsor | WOLFSPEED, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Plan name | WOLFSPEED, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Sponsor EIN / plan number | 56-1572719 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Sponsor location | DURHAM, NC | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Industry (business code) | 334410, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Filing received | 2025-09-09 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Participants, beginning of year | 5,946 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Active participants | 4,007 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Participants, end of year | 5,792 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Participants with an account balance | 5,747 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Total assets, beginning of year | $448,719,675 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Total assets, end of year | $504,885,543 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Net assets, end of year | $504,885,518 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Total income | $126,372,400 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Net income | $56,165,862 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Employer contributions | $12,938,996 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Participant contributions | $37,964,717 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Other contributions (incl. rollovers) | $6,407,358 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Total contributions | $57,311,071 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Benefit payments | $69,503,811 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Total expenses (incl. benefit payments) | $70,206,538 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Total administrative expenses | $682,981 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Contract administrator fees | $1,500 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Recordkeeping fees | $454,297 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| IQPA audit fees | $11,200 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Investment advisory and management fees | $190,984 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Administrative expenses excluding investment management | $491,997 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Held in mutual funds | $467,102,980 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250909091151NAL0012796051001, received 2025-09-09 |
| Independent auditor | ROMEO, WIGGINS & COMPANY, L.L.P. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250909091151NAL0012796051001, received 2025-09-09 |
Position = column in the DOL layout for form year 2024. Filing 20250909091151NAL0012796051001, received 2025-09-09.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $472,698 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $190,984 | no |
| MYCIO WEALTH PARTNERS LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $25,000 | no |
| ROMEO, WIGGINS & COMPANY, LLP | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $11,200 | no |
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 20250909091151NAL0012796051001, received 2025-09-09.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $448,719,675 | $504,885,543 | 12.5% |
| Participants with a balance | 5,784 | 5,747 | -0.6% |
| Administrative expenses | $513,037 | $682,981 | 33.1% |
| Recordkeeping fees per participant | $54.48 | $79.05 | 45.1% |
| Employer contributions | $13,038,906 | $12,938,996 | -0.8% |
Prior filing 20240910082002NAL0009553520001, received 2024-09-10; the plan years are contiguous.
Sponsor name as filed: WOLFSPEED, INC.; SEC registrant: WOLFSPEED, INC. (CIK 895419, matched by EIN; display name from the Form 10-K cover).