California › Manufacturing › 500 to 999 participants
Form 5500 statement · plan year 1 Nov 2024 to 31 Oct 2025
Keysight Technologies, Inc. Deferred Profit-Sharing Plan
Sponsored by Keysight Technologies, Inc., Santa Rosa, CA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Keysight Technologies, Inc. of Santa Rosa, California sponsors Keysight Technologies, Inc. Deferred Profit-Sharing Plan, a profit-sharing plan. Its Form 5500 for the plan year ending 31 Oct 2025 shows 757 participants (308 active) and $145M in net assets.
Net assets came to $192,196 per participant, well above the $46,267 median for defined contribution plans with 500 to 999 participants and well above the $62,303 median for defined contribution plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 2 service provider organisations paid $5,000 or more, with reported compensation of $264K: $349 per participant, well above the same-size median of $113. Administrative expenses charged to the plan were $268K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $300M in 2014 to $145M in 2024 (down 51%), and participants from 1,991 to 757 (down 62%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $192,196 | $46,267 | $62,303 | $53,102 |
| Employer contributions per active participant | — | $1,934 | $2,187 | $2,175 |
| Schedule C compensation per participant | $349 | $113 | $136 | $123 |
| Schedule C compensation, share of net assets | 0.18% | 0.25% | 0.24% | 0.26% |
| Administrative expenses per participant | $354 | $109 | $131 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,588 plans), manufacturing (11,377) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 757 | $145M | $192,196 | — | — | $264K |
| 2023 | 903 | $161M | $178,621 | — | — | $299K |
| 2022 | 1,030 | $164M | $159,067 | — | — | $397K |
| 2021 | 1,152 | $177M | $153,449 | — | — | $483K |
| 2020 | 1,302 | $267M | $204,886 | — | — | $590K |
| 2019 | 1,435 | $251M | $174,620 | — | — | $583K |
| 2018 | 1,543 | $266M | $172,456 | — | — | $649K |
| 2017 | 1,651 | $268M | $162,268 | — | — | $674K |
| 2016 | 924 | $297M | $321,188 | — | — | $660K |
| 2015 | 1,870 | $280M | $149,486 | — | — | $774K |
| 2014 | 1,991 | $300M | $150,522 | — | — | $418K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$161,294,884
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions—
- Total income, including investment results$17,430,035
- Benefits paid$24,747,385
- Administrative expenses$267,745
- Total expenses$25,015,130
- Net income−$7,585,095
- Net transfers−$8,217,456
- Net assets, end of year$145,492,333
Participants
- Active participants308
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits432
- Participants with account balances757
- Total participants, end of year757
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Mercer, Inc. | Consulting (general); Investment management | $198,521 | $0 |
| Moss Adams LLP | Accounting (including auditing) | $65,725 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$202,020
- IQPA audit fees$65,725
- Total administrative expenses$267,745
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Master trust investment accounts$145M · 100.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmBaker Tilly US, LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $5,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2DOffset plan2EProfit-sharing plan3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 334500: Navigational, Measuring, Electromedical, & Control Instruments Mfg.
Other plans of Keysight Technologies, Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Keysight Technologies, Inc. 401(k) Plan | 7,501 | $2.62B |
| Keysight Technologies, Inc. Retirement Plan | 4,619 | $921M |
Similar plans in California
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Schmidbauer Lumber Sawmills 401(k) Plan | Schmidbauer Lumber, Inc. | 760 | $71.5M | $94,099 |
| Sanders Industries Holdings, Inc. 401(k) Plan | Sanders Industries Holdings, Inc. | 757 | $29.5M | $38,950 |
| Synaptics, Inc. 401(k) Savings Plan | Synaptics, Inc. | 761 | $184M | $241,531 |
| Semtech Corporation Retirement Savings Plan | Semtech Corporation | 756 | $139M | $184,501 |
| Glasswerks la Inc., Avalon Glass & Mirror and Northwestern Industries Arizona, Inc. 401(k) Plan & Trust | Glasswerks la Inc. | 762 | $7.4M | $9,776 |
| Dole Packaged Foods, LLC Hourly Employees 401(k) Plan | Dole Packaged Foods, LLC | 754 | $13.9M | $18,391 |
Defined contribution plans in manufacturing closest in size.
Questions and answers
How big is Keysight Technologies, Inc. Deferred Profit-Sharing Plan?
757 participants at the end of the plan year ending 31 Oct 2025, of whom 308 were active employees, with net assets of $145,492,333. Among defined contribution plans that places it in the 500 to 999 participants band, which held 10,588 plans in plan year 2024.
What does Keysight Technologies, Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $264,246 in compensation to service provider organisations, $349 per participant or 0.18% of net assets. The same-size median among plans reporting any Schedule C compensation was $113 per participant. Administrative expenses on Schedule H were $267,745. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Keysight Technologies, Inc.. Investment advisory or management: Mercer, Inc.. The financial statements were audited by Baker Tilly US, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Nov 2024 to 31 Oct 2025, received by the Department of Labor on 15 Jul 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 46-4254555, plan 001, received 15 Jul 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.