Maxeon Americas 401(k) match, vesting and fees

Plan year 2024 filingMaxeon Americas, Inc. 401(k) Plan · Plan 001 · EIN 86-3127847Updated Oct 2026

What Maxeon Americas' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $374K in employer contributions, about $2,544 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$97,410
Average account balance
178
Participants (end of year)
$14.3M
Plan assets (end of year)
0.09%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorArmanino LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.

Maxeon Americas: employer contribution per participant$2,544
Peer median$1,847
Maxeon Americas: average balance$97,410
Peer median$65,512
Maxeon Americas: admin expenses ÷ assets0.09%
Peer median0.32%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets were $14.3M at the end of plan year 2024.

$14.3M2024
End-of-year figures from each plan year's Form 5500 filing for the Maxeon Americas plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024178$14.3M$374K$2,5440.09%Not publishedForm 5500 ↗

Common questions

Does Maxeon Americas match 401(k) contributions?

The match terms for the Maxeon Americas, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $374K in employer contributions, about $2,544 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Maxeon Americas 401(k) match vested?

The vesting schedule for the Maxeon Americas, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Maxeon Americas 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Maxeon Americas, Inc..

I left Maxeon Americas. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Maxeon Americas, Inc., (626) 884-4756) or the recordkeeper, Fidelity Investments Institutional. The Maxeon Americas old 401(k) page lists the contacts from every plan filing. Find an old Maxeon Americas 401(k)

Data from the public Form 5500 annual reports Maxeon Americas filed with the U.S. Department of Labor (plan years 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Maxeon Americas. Not financial advice. Report a correction · Methodology