Overview

Plan Rating

BrightScope Rating
85
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (43)
Average in Peer Group (78)
Highest in Peer Group (89)

Plan Description

Skyworks Solutions Savings and Retirement 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 85, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Skyworks Solutions Savings and Retirement 401k Plan currently has over 2,900 active participants and over $612.5M in plan assets.

Did you know?

For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (85) and the top rated plan (89) could equate to:
3
Additional years of work
28,056
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 20 Sylvan Road
  • Location
    Woburn , MA
  • 01801
  • Industry
    Manufacturing
  • Administrator
    Christopher Coviello
  • Net Plan Assets
    $612,000,000
  • Total Participants
    3,000
  • Avg Account Balance
    $210,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

Participation Rate:
Above Average
Salary Deferrals:
Great
Account Balance:
Great

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

Participation Rate:
Above Average
Salary Deferrals:
Great
Account Balance:
Great

Peer Group Plans

Company Rating
Marvell Semiconductor 85.9
Infineon Technologies Americas 85.8
FLIR Systems 83.2
Viavi Solutions 83.0
MKS Instruments 80.3
Avnet 72.6

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

42

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Skyworks Common Stock Fund 25%
N/A
Fidelity Freedom Funds 24%
1%
Fidelity 500 Index 5%
10%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
Strategic Advisors
Recordkeeper
Fidelity
Auditor
Miller, Kaplan, Arase & Co., LLP.

Articles and Questions

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