Xperi Inc. 401(k) Review & Grade
Xperi Inc. 401(k) Plan
Calabasas, CAManufacturing783 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,017Employer $ per active participant
$19,828Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$387.6MNet plan assets, end of year
$196,559Average balance per account
Score breakdown
- Employer generosity41.5 / 5083th percentile for employer $ per participant
- Low cost23.1 / 2592th percentile for low admin cost vs. same-size plans
- Employee saving14.9 / 15100th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score77 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 83th |
| Lower admin cost | 92th |
| Employee saving | 100th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $18,375 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Xperi put in about $5,017 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,928,184 |
| Participant (employee) contributions | $15,525,494 |
| Other contributions (incl. rollovers in) | $1,203,413 |
| Administrative expenses paid from the plan | $115,665 |
| Contract administrator fees | $600 |
| Other admin expenses | $123,060 |
| Benefits paid out | $37,623,128 |
| Net assets, start / end of year | $348.5M / $387.6M |
| Active participants, start / end of year | 871 / 695 |
| Participants with account balances | 1,972 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Holthouse Carlin & Van Trigt LLP |
Largest service providers (Schedule C)
| Morgan Stanley | $123,060 reported compensation |
| Holthouse Carlin & Van Trigt LLP | $12,600 reported compensation |
| Fidelity Investments Institutional | −$19,995 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250806174114NAL0003059395001, received 2025-08-06, EIN 83-4470363, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.