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Infineon Technologies Savings Plan
The Infineon Technologies Savings Plan was established in 2001. It functions as the defined contribution retirement plan for Infineon Technologies Americas...
Infineon Technologies Savings Plan
The Infineon Technologies Savings Plan was established in 2001. It functions as the defined contribution retirement plan for Infineon Technologies Americas Corp., the US subsidiary of Infineon Technologies AG. Legacy plans from acquired entities including Cypress Semiconductor and International Rectifier were integrated into the structure. Assets total 1.546 billion dollars. The largest allocation sits in Common/Collective Trusts valued at 1.215 billion dollars, followed by Registered Investment Companies at 214 million dollars and participant loans at 7.5 million dollars. Positions include Schwab Managed Retirement Trust target date funds, Schwab S&P 500 Index Fund, Schwab Stable Value Fund, Dodge & Cox Stock Fund, PIMCO Total Return Fund, Artisan Mid Cap Fund, T. Rowe Price Blue Chip Growth Fund and Vanguard Institutional Index Fund. All holdings are domiciled in the United States. Charles Schwab Trust Bank serves as custodian and trustee since 2015. Charles Schwab & Co., Inc. acts as recordkeeper over the same period. GA Advisory & Valuation Services, LLC provides appraisal services beginning in 2024. The plan maintains daily liquidity terms for transfers within its investment menu. The plan operates under the parent Infineon Technologies AG based in Germany. No separate philanthropic vehicles or external club memberships are disclosed.
General information
Firm type
Pension Fund
Year founded
2001
Location
Region
North America
Country
United States
City
Milpitas
Corporate office
640 North McCarthy Boulevard, Milpitas, CA, United States
Principals
Mona Richmond
Plan Administrator
Sector focus
Frequently asked questions
Who runs investment decisions at Infineon Technologies Savings Plan?
Mona Richmond serves as Plan Administrator. The plan uses a menu of collective trusts and mutual funds with daily liquidity for participant-directed reallocations.
What asset classes does the plan hold?
Holdings consist of Common/Collective Trusts at 1.215 billion dollars, Registered Investment Companies at 214 million dollars and participant loans at 7.5 million dollars.
Which providers support the plan?
Charles Schwab Trust Bank acts as custodian and trustee. Charles Schwab & Co., Inc. serves as recordkeeper. GA Advisory & Valuation Services, LLC handles appraisal work.
How is the plan connected to Infineon Technologies AG?
Infineon Technologies AG is the ultimate parent. The plan covers employees of Infineon Technologies Americas Corp. and incorporates legacy participants from acquired companies.
What liquidity terms apply to participants?
Participants have daily liquidity for fund transfers and reallocations within the plan's investment menu.
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