Civic Intelligence

Agere Systems Inc Post Retirement Life Insurance Benefit Trust

EIN 06-6528674 • 501(c)9 • Breinigsville, PA

Profile

N/A

9999 Hamilton BoulevardBreinigsville, PA 18031

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

52nd percentile

0.04x

Higher debt load relative to assets than 52% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

100th percentile

5.03x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Net Margin

1st percentile

-473%

Higher net margin than 1% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Asset Growth

29th percentile

0.4%

Faster asset growth than 29% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

100th percentile

999%

Faster revenue growth than 100% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$72,635,676

Up $260,242 (+0.4%) from 2023

Liabilities

Up

$2,951,260

Up $2,735,454 (+1268%) from 2023

Net Assets

Down

$69,684,416

Down $2,475,212 (-3.4%) from 2023

Operations
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Up

$586,233

Up $532,891 (+999%) from 2023

Expenses

Up

$3,358,916

Up $120,767 (+3.7%) from 2023

Net Income

Up

-$2,772,683

Up $412,124 (+13%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth29th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0-$50MAssets 2010: $67,130,000Liabilities 2010: $2,518,000Net Assets 2010: $64,612,0002010Assets 2011: $67,261,000Liabilities 2011: $2,346,000Net Assets 2011: $64,915,0002011Assets 2012: $71,741,000Liabilities 2012: $3,015,000Net Assets 2012: $68,726,0002012Assets 2013: $76,095,000Liabilities 2013: $5,035,000Net Assets 2013: $71,060,0002013Assets 2014: $77,786,000Liabilities 2014: $5,229,000Net Assets 2014: $72,557,0002014Assets 2015: $76,614,348Liabilities 2015: $4,976,429Net Assets 2015: $71,637,9192015Assets 2016: $77,501,109Liabilities 2016: $5,039,770Net Assets 2016: $72,461,3392016Assets 2017: $83,770,437Liabilities 2017: $6,276,583Net Assets 2017: $77,493,8542017Assets 2018: $82,974,510Liabilities 2018: $6,133,258Net Assets 2018: $76,841,2522018Assets 2019: $84,683,713Liabilities 2019: $3,690,051Net Assets 2019: $80,993,6622019Assets 2020: $88,994,875Liabilities 2020: $4,493,762Net Assets 2020: $84,501,1132020Assets 2021: $84,328,865Liabilities 2021: $3,890,241Net Assets 2021: $80,438,6242021Assets 2022: $70,907,482Liabilities 2022: -$708,451Net Assets 2022: $71,615,9332022Assets 2023: $72,375,434Liabilities 2023: $215,806Net Assets 2023: $72,159,6282023Assets 2024: $72,635,676Liabilities 2024: $2,951,260Net Assets 2024: $69,684,4162024

Highlighted filing

2024

Assets$72,635,676
Liabilities$2,951,260
Net Assets$69,684,416
Open 2024 Filing

Operations Trend

Revenue Growth100th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MExpenses 2010: $2,201,0002010Expenses 2011: $1,945,0002011Expenses 2012: $2,411,0002012Revenue 2013: $2,549,000Expenses 2013: $4,091,000Net Income 2013: -$1,542,0002013Revenue 2014: $1,811,000Expenses 2014: $2,488,000Net Income 2014: -$677,0002014Revenue 2015: $2,781,967Expenses 2015: $1,875,187Net Income 2015: $906,7802015Revenue 2016: $2,298,373Expenses 2016: $2,354,744Net Income 2016: -$56,3712016Revenue 2017: $2,883,064Expenses 2017: $3,555,504Net Income 2017: -$672,4402017Revenue 2018: $18,098,255Expenses 2018: $1,435,026Net Income 2018: $16,663,2292018Revenue 2019: $1,272,972Expenses 2019: $2,850,126Net Income 2019: -$1,577,1542019Revenue 2020: $1,084,429Expenses 2020: $2,950,119Net Income 2020: -$1,865,6902020Revenue 2021: $938,720Expenses 2021: $2,610,540Net Income 2021: -$1,671,8202021Revenue 2022: $526,651Expenses 2022: -$1,960,120Net Income 2022: $2,486,7712022Revenue 2023: $53,342Expenses 2023: $3,238,149Net Income 2023: -$3,184,8072023Revenue 2024: $586,233Expenses 2024: $3,358,916Net Income 2024: -$2,772,6832024

Highlighted filing

2024

Revenue$586,233
Expenses$3,358,916
Net Income-$2,772,683
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$72,635,676
Liabilities
$2,951,260
Net assets
$69,684,416
Revenue
$586,233
Expenses
$3,358,916
Net income
-$2,772,683
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$72.6$2.95$69.7$0.59$3.36$2.77
2023Detailed filing. Detailed filing data is available for this year.$72.4$0.22$72.2$0.05$3.24$3.18
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.9$0.71$71.6$0.53$1.96$2.49
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$84.3$3.89$80.4$0.94$2.61$1.67
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$89.0$4.49$84.5$1.08$2.95$1.87
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$84.7$3.69$81.0$1.27$2.85$1.58
2018Detailed filing. Detailed filing data is available for this year.$83.0$6.13$76.8$18.1$1.44$16.7
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$83.8$6.28$77.5$2.88$3.56$0.67
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$77.5$5.04$72.5$2.30$2.35$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$76.6$4.98$71.6$2.78$1.88$0.91
2014Detailed filing. Detailed filing data is available for this year.$77.8$5.23$72.6$1.81$2.49$0.68
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$76.1$5.04$71.1$2.55$4.09$1.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.7$3.02$68.7$2.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$67.3$2.35$64.9$1.95
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$67.1$2.52$64.6$2.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 29, 2025
Return Version
2024v5.2
Gross Receipts
$2,901,084
Mission and Program Overview

Mission

N/A

To provide life insurance benefits to eligible retired employees of agere systems llc

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$72,101,354$71,042,648▼ $1,058,706
Rtn Earn Endowment Incm Other Fnds$72,159,628$69,684,416▼ $2,475,212
Accounts Receivable-$738,384-
Prepaid Expenses and Deferred Charges-$562,810-
Savings and Temporary Cash Investments$274,080$291,834▲ $17,754
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$72,375,434$72,635,676▲ $260,242
Liabilities
Other Liabilities$215,806$2,951,260▲ $2,735,454
Total Liabilities$215,806$2,951,260▲ $2,735,454
Net Assets / Fund Balance
Total Net Assets Fund Balance$72,159,628$69,684,416▼ $2,475,212
Total Liabilities and Net Assets / Fund Balance$72,375,434$72,635,676▲ $260,242

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$71,042,648--
Compensation and Service Providers
Top Officer Pay38th percentile

Board Members and Trustees

NameTitle
-Institutional Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$586,233
Other Revenue
$0
Change in Net Assets
$-2,772,683
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,367,926
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$990,990--$990,990
Other Expenses$-75,911--$-75,911
Total Functional Expenses$3,358,916$0$0$3,358,916
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Current and Deferred Tax Liability$3,027,171
Tax Refundable$-75,911
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 1A

“(formerly agere systems inc.), a wholly-owned subsidiary of broadcom inc.”

Form 990, Part VI, Section A, line 8A

“The agere systems llc (formerly agere systems inc.) employee benefits committee has documented meetings held or written actions undertaken during the year.”

Form 990, Part VI, Section B, line 11B

“A third party preparer has been engaged to prepare the form 990 and present it to the agere systems llc (formerly agere systems, inc.) employee benefits committee prior to filing.”

Form 990, Part VI, Section C, line 19

“All documents are available upon request.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“JP MORGAN CHASE BANK N.A - 383 Madison Avenue, New York, NY 10179.”

Filing and Contact Details

Filer

Filer Name
Agere Systems Inc Post Retirement
EIN
06-6528674
Phone
4084338000
Address
9999 Hamilton Boulevard, Breinigsville, PA 18031

Signing Officer

Name
Steven Brown
Title
Head of Global Benefits
Phone
4084338000
Signed
2025-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Brown
Formed
2002
Legal Domicile
Pa
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Willis Towers Watson US LLC
Address
7733 Forsyth Boulevard Suite 1350, St Louis, MO 63105
Preparer
Kyle Halberg
Phone
4177209863
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“The plan accounts for income taxes under the financial accounting standards board ("fasb") accounting standards codification ("asc") topic 740 "income taxes" which requires an asset and liability approach in accounting for income taxes payable or refundable at the date of the financial statements as a result of all events that have been recognized in the financial statements and as measured by the provisions of enacted laws. Additionally, fasb asc topic 740 requires that deferred tax assets be evaluated and a valuation allowance be established if it is "more likely than not" that all or a portion of the deferred assets will not be realized. U.s. Gaap requires plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain tax position that more likely than not would not be sustained upon examination by the internal revenue service. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods pending or in progress.”

Raw XML Appendix298 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/EOYAmt0738384
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE LIFE INSURANCE BENEFITS TO ELIGIBLE RETIRED EMPLOYEES OF AGERE SYSTEMS LLC
IRS990/BenefitsToMembersGrp/ProgramServicesAmt0990990
IRS990/BenefitsToMembersGrp/TotalAmt0990990
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOANIA MARDNER
IRS990/BooksInCareOfDetail/PhoneNum04084338000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt09999 HAMILTON BOULEVARD
IRS990/BooksInCareOfDetail/USAddress/CityNm0BREINIGSVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd018031
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt0990990
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0586233
IRS990/CYOtherExpensesAmt02367926
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-2772683
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt03358916
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0586233
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVISION OF LIFE INSURANCE BENEFITS TO ELIGIBLE RETIRED EMPLOYEES OF AGERE SYSTEMS LLC (FORMERLY AGERE SYSTEMS INC.), A WHOLLY-OWNED SUBSIDIARY OF BROADCOM LIMITED.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/ExpenseAmt03358916
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0JP MORGAN CHASE BANK NA
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0INSTITUTIONAL TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0571794
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02886645
IRS990/GrossReceiptsAmt02901084
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt014439
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt014439
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt072101354
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt071042648
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02314851
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd00
IRS990/MissionDesc0N/A
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt072159628
IRS990/NetAssetsOrFundBalancesEOYAmt069684416
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0571794
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt0571794
IRS990/NetUnrelatedBusTxblIncmAmt0441535
IRS990/NetUnrlzdGainsLossesInvstAmt0297471
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ADJ PRIOR YR TAX LIAB
IRS990/OtherExpensesGrp/Desc1TAX EXPENSE
IRS990/OtherExpensesGrp/Desc2SEPARATE ACCOUNT FEES
IRS990/OtherExpensesGrp/Desc3PREPD & REFUNDABLE TAXE
IRS990/OtherExpensesGrp/ProgramServicesAmt02231345
IRS990/OtherExpensesGrp/ProgramServicesAmt1113462
IRS990/OtherExpensesGrp/ProgramServicesAmt299030
IRS990/OtherExpensesGrp/ProgramServicesAmt3-75911
IRS990/OtherExpensesGrp/TotalAmt02231345
IRS990/OtherExpensesGrp/TotalAmt1113462
IRS990/OtherExpensesGrp/TotalAmt299030
IRS990/OtherExpensesGrp/TotalAmt3-75911
IRS990/OtherLiabilitiesGrp/BOYAmt0215806
IRS990/OtherLiabilitiesGrp/EOYAmt02951260
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0562810
IRS990/PrincipalOfficerNm0STEVEN BROWN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt02215882
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt053342
IRS990/PYOtherExpensesAmt01022267
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-3184807
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03238149
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt053342
IRS990/ReconcilationRevenueExpnssAmt0-2772683
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt072159628
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt069684416
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0274080
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0291834
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0-75911
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13027171
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tax Refundable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Current and Deferred Tax Liability
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt071042648
IRS990ScheduleD/OtherSecuritiesGrp/Desc0METLIFE FIXED INCOME INDEX FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PLAN ACCOUNTS FOR INCOME TAXES UNDER THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740 "INCOME TAXES" WHICH REQUIRES AN ASSET AND LIABILITY APPROACH IN ACCOUNTING FOR INCOME TAXES PAYABLE OR REFUNDABLE AT THE DATE OF THE FINANCIAL STATEMENTS AS A RESULT OF ALL EVENTS THAT HAVE BEEN RECOGNIZED IN THE FINANCIAL STATEMENTS AND AS MEASURED BY THE PROVISIONS OF ENACTED LAWS. ADDITIONALLY, FASB ASC TOPIC 740 REQUIRES THAT DEFERRED TAX ASSETS BE EVALUATED AND A VALUATION ALLOWANCE BE ESTABLISHED IF IT IS "MORE LIKELY THAN NOT" THAT ALL OR A PORTION OF THE DEFERRED ASSETS WILL NOT BE REALIZED. U.S. GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt071042648
IRS990ScheduleD/TotalLiabilityAmt02951260
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0(FORMERLY AGERE SYSTEMS INC.), A WHOLLY-OWNED SUBSIDIARY OF BROADCOM INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE AGERE SYSTEMS LLC (FORMERLY AGERE SYSTEMS INC.) EMPLOYEE BENEFITS COMMITTEE HAS DOCUMENTED MEETINGS HELD OR WRITTEN ACTIONS UNDERTAKEN DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A THIRD PARTY PREPARER HAS BEEN ENGAGED TO PREPARE THE FORM 990 AND PRESENT IT TO THE AGERE SYSTEMS LLC (FORMERLY AGERE SYSTEMS, INC.) EMPLOYEE BENEFITS COMMITTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4JP MORGAN CHASE BANK N.A - 383 Madison Avenue, New York, NY 10179.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VII Contact Addresses for Officers, Directors, Etc
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0223746606
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEAD OF GLOBAL BENEFITS
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Willis Towers Watson US LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07733 Forsyth Boulevard Suite 1350
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ReturnHeader/PreparerPersonGrp/PhoneNum04177209863
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kyle Halberg
ReturnHeader/ReturnTs02025-11-05T14:10:47-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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