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Overview

Plan Information

  • Plan Year01/01/2009 — 12/31/2009
  • Date of Plan12/02/2004
  • Net Assets as of 12/31/2009 $1,324,957,491
  • Plan Number1
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2009

  • Active (Eligible) Participants6,365
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits2,784
  • Subtotal9,149
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits25
  • Total9,174
  • Total number of participants as of 01/01/200910,160
  • Number of participants with account balances9,159
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested0

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address6501 William Cannon Drive West
  • CityAustin
  • StateTX
  • Zip78735
  • Telephone(800) 521-6274
  • EIN20-0443182
  • Industry Code334410
  • Named AdministratorMatt Mccoy
  • Named Plan SponsorRandy Hyzak

Plan Administrator Information

  • Administrator NameFreescale Semiconductor, Inc.
  • Address6501 William Cannon Drive West
  • CityAustin
  • StateTX
  • Zip78735
  • Telephone(800) 521-6274
  • Administrator EIN20-0443182

Audit Information

  • Audit StatusAudited
  • AuditorAtchley & Associates, LLP
  • Auditor EIN74-2920819
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J Code section 401(k) feature A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
2R Brokerage Window Participant-directed brokerage accounts provided as an investment option under the plan.
2S Automatic Enrollment Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $20,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $315,457,039
Contributions $66,210,455
Cash Contributions $66,210,455
Cash from Employers $6,391,421
Cash from Participants $58,568,680
Others (including rollovers) $1,250,354
Noncash Contributions $0
Total Earnings on Investments $238,719,433
Total Interest $12,985,295
Interest-Bearing Cash $50,697
U.S. Government Securities $2,136,964
Corporate Debt Instruments $5,685,847
Loans (other than to participants) $0
Participant Loans $1,557,775
Interest from Other Investments $3,554,012
Total Dividends $20,009,067
Preferred Stock $97,267
Common Stock $8,011,202
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $145,254,551
Real Estate $0
Other $145,254,551
Net investment gain (loss) from common/collective trusts $7,265,614
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $53,204,906
Other Income $10,527,151
Expenses $135,736,340
Total Benefit Payments $131,069,135
Directly to participants or beneficiaries, including direct rollovers $131,069,135
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $10,379
Interest expense $0
Total Administrative Expenses $4,656,826
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $4,656,826
Net Income $179,720,699
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2009 12/31/2008 Change YOY
Total Assets $1,487,092,107 $1,272,335,539 16.88%
Total noninterest-bearing cash $1,097,210 $249,909 339.04%
Receivables $49,675,063 $39,256,344 26.54%
Employer Contributions $1,035,618 $253,000 309.34%
Participant Contributions $0 $0 0.0%
Other Contributions $48,639,445 $39,003,344 24.71%
General Investments $113,345,389 $181,303,163 -37.48%
Interest-bearing cash $9,595,154 $25,115,940 -61.80%
U.S. Government Securities $44,879,383 $82,614,545 -45.68%
Corporate Debt Instruments $117,355,942 $102,873,581 14.08%
Preferred $58,870,852 $73,572,678 -19.98%
All Other $58,485,090 $29,300,903 99.60%
Corporate Stocks $437,744,433 $311,689,089 40.44%
Preferred $2,200,357 $1,277,900 72.19%
Common $435,544,076 $310,411,189 40.31%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $24,765,814 $25,296,998 -2.10%
Value of interest in common/collective trusts $72,544,529 $187,197,066 -61.25%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $331,340,526 $214,041,882 54.80%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $398,094,053 $284,000,185 40.17%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $162,134,616 $127,098,747 27.57%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $1,117,638 $1,384,425 -19.27%
Acquisition Indebtedness (1) $32,464,773 $66,498,182 -51.18%
Other liabilities (1) $128,552,205 $59,216,140 117.09%
Net Assets $1,324,957,491 $1,145,236,792 15.69%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Janus Capital Corporation Investment management, Direct payment from the plan, Investment management fees paid directly by plan, Soft dollars commissions, Investment management fees paid indirectly by plan NONE $569,460 $0 $569,460
Nfj Investment Group Investment management, Direct payment from the plan, Investment management fees paid directly by plan, Soft dollars commissions, Investment management fees paid indirectly by plan NONE $537,110 $0 $537,110
Pimco Investment management, Direct payment from the plan, Investment management fees paid directly by plan, Investment management fees paid indirectly by plan NONE $520,300 $0 $520,300
Hewitt Associates LLC Direct payment from the plan, Recordkeeping and information management (computing, tabulating, data processing, etc.), Sub-transfer agency fees, Other fees NONE $493,902 $0 $493,902
Alliance Berstein Direct payment from the plan, Investment management fees paid directly by plan, Investment management, Soft dollars commissions, Investment management fees paid indirectly by plan NONE $460,905 $0 $460,905
Northern Trust Direct payment from the plan, Trustee (bank, trust company, or similar financial institution), Other commissions NONE $432,970 $0 $432,970
Driehaus Capital Management LLC Investment management, Direct payment from the plan, Investment management fees paid directly by plan, Securities brokerage commissions and fees, Investment management fees paid indirectly by plan NONE $310,281 $0 $310,281
Buckhead Capital Management LLC Direct payment from the plan, Investment management, Investment management fees paid directly by plan, Soft dollars commissions, Securities brokerage commissions and fees, Investment management fees paid indirectly by plan NONE $294,984 $0 $294,984
Hewitt Financial Services LLC Direct payment from the plan, Securities brokerage, Shareholder servicing fees, Finders' fees/placement fees, Distribution (12b-1) fees NONE $258,888 $13,242 $272,130
Calamos Asset Management Investment management, Direct payment from the plan, Investment management fees paid directly by plan, Soft dollars commissions, Investment management fees paid indirectly by plan NONE $265,299 $0 $265,299
Wells Capital Management Direct payment from the plan, Investment management fees paid directly by plan, Investment management fees paid indirectly by plan, Investment management NONE $247,931 $0 $247,931
Jh Ellwood and Associates Direct payment from the plan, Investment advisory (plan) NONE $224,386 $0 $224,386
Deutsche Asset Management Direct payment from the plan, Investment management fees paid directly by plan, Investment management fees paid indirectly by plan, Investment management NONE $191,783 $0 $191,783
Guided Choice Asset Management Inc Direct payment from the plan, Investment advisory (participants) NONE $83,652 $0 $83,652
Atchley & Associates LLP Direct payment from the plan, Accounting (including auditing) NONE $24,014 $0 $24,014
Total $4,915,865 $13,242 $4,929,107

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Hewitt Associates LLC Guidedchoice Other fees 4 Dollar Per Ppt eligible for Online Advice $0
Hewitt Financial Services LLC Pershing LLC Finders' fees/placement fees Finders Fee $7,677
Hewitt Financial Services LLC Multiple Mutual Fund Companies Distribution (12b-1) fees Aggregated Investment Manager Fees $5,565
Hewitt Associates LLC Oakmark Equity and Income Sub-transfer agency fees 0.0035 $0
*As outlined by the Form 5500 Instructions for service providers with indirect compensation.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Core USA Sub Fund The Northern Trust Company DFE: Common/Collective Trust $128,228,378
Collective S/T Investment Fund The Northern Trust Company DFE: Common/Collective Trust $43,706,362
Mfb Ntgi-Qm Coltv Daily S&P 500 Eq The Northern Trust Company DFE: Common/Collective Trust $28,838,167
Total $200,772,907

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.