Annual Enrollment will be open from October 29 – November 15.
Get familiar with your benefits and plan options now so you’re ready to make choices that provide you and your family with the most value.
One of the key pillars of NXP values is growth, focused on the personal growth of our employees from every perspective, including physical, mental and financial wellness. That’s why we’re rewarding you with benefits that protect your health, help you build savings for retirement and advance your quality of life. We have many resources available to help you make the right enrollment decisions for you and your family. The enrollment window for 2025 benefits will open October 29 and close at 11:59p.m. CT, November 15. Throughout Annual Enrollment, the resources below are available to ensure you are prepared to make your choices when the enrollment window opens.
Think about what’s in store for you in 2025. Read the 2025 Benefits Guide and watch the recorded Annual Enrollment Presentation.
Learn what’s new by speaking to a benefits team member at the benefits table during our Annual Enrollment Vendor Fair.
Complete the new decision support tool, which is available after you start your enrollment, to receive personalized guidance on the best plans for you and your family.
Talk to Sofia, who is available after you start your enrollment, for support and information about your benefit options as you make your 2025 enrollment elections.
Enroll in the options that best meet your needs and budget by November 15, 2024, at the NXP Benefits Enrollment Site or by contacting the NXP Benefits Service Center at 1-888-532-3971. The site and telephonic support will be available on October 29.
Annual Enrollment is your time to think about what’s in store for you in 2025. Take time to reflect on what’s most important to you and your family. (Link will be available below on October 29). Engage in the new decision support tool and Sofia once logged in for assistance with your enrollment, including personalized guidance on which plans are best for you and your family.
Start here
If you need help with your enrollment or have questions about your benefits, you can chat with Sofia, your 24/7 personal benefits assistant. You can find her in the MyChoice benefits app or online (URL and SSO link will be available on October 29). Sofia speaks over 20 languages and can answer questions regarding 400,000 benefits topics.
| Medical Plan 1 (HSA-eligible) | Medical Plan 2 (PPO) | Medical Plan 3 (EPO) | |
|---|---|---|---|
| Premiums | Lowest | Higher | Highest |
| Deductible | $1,650 employee-only/$3,300 family | $300 employee-only/$600 family | $200 employee-only/$400 family |
| Coinsurance | Plan pays 80% for network benefits | Plan pays 80% for network benefits | Plan pays 90% for network benefits only |
| Out-of-pocket | $4,000 employee-only/$7,350 family | $5,000 employee-only/$10,000 family | $5,000 employee-only/$10,000 family |
| Copay | You pay 20% after deductible | $20 primary care physician/$40 specialist | $20 primary care physician/$40 specialist |
| HSA Contribution | NXP will contribute $500 for employee-only coverage or $1,000 for family coverage. Limited Use Health Care FSA available | Enrollment in this plan prevents you from being eligible to participate in the HSA. Health Care FSA available | Enrollment in this plan prevents you from being eligible to participate in the HSA. Health Care FSA available |
In addition to the UnitedHealthcare medical and CVS/Caremark pharmacy options, California employees have access to Kaiser HMO (South California Kaiser or North California Kaiser ) if they reside within Kaiser’s network service area. Kaiser health care providers exclusively serve Kaiser plan members. As a plan member you can select any Kaiser doctor.
| Plan Options | Employee-only | Employee + Spouse / Domestic Partner | Employee + Child(ren) | Family |
|---|---|---|---|---|
| Medical Plan 1 | $14 ($1) | $50 ($4) | $43 ($3) | $83 ($6) |
| Medical Plan 2 | $35 ($3) | $93 ($7) | $80 ($6) | $148 ($11) |
| Medical Plan 3 | $60 ($5) | $158 ($12) | $144 ($11) | $258 ($20) |
| Kaiser (CA only) | $66 ($5) | $179 ($14) | $162 ($13) | $256 ($20) |
| Dental Plan | $8 ($2) | $16 ($3) | $17 ($3) | $26 ($5) |
| Vision Plan | $6.25 ($2.25) | $11.81 ($0.81) | $12.47 ($0.47) | $19.44 ($0.44) |
Stop by the Benefits Fair to speak to your vendor partners such as UnitedHealthcare, CVS/Caremark, VSP, Delta Dental and more. Benefits team members will also be on site to answer Benefits questions you might have.
San Jose (Holger Way), CA*
| Location | Date | Time | Room | Save the Date |
|---|---|---|---|---|
| Benefits Table | Wednesday, October 23 | 9:00 AM – 3:00 PM (PST) |
Holger Way Lounge | |
| On-site Flu Shots | Wednesday, October 23 | 9:00 AM – 2:00 PM (PST) |
Holger Way Lounge | |
| Benefits Fair | Wednesday, October 23 | 11:00 AM – 2:00 PM (PST) |
Holger Way Patio |
Austin (Ed Bluestin), TX
| Location | Date | Time | Room | Save the Date |
|---|---|---|---|---|
| Benefits Table | Wednesday, November 6 Thursday, November 7 |
9:00 AM – 5:00 PM (CST) |
Bldg. E/W Hallway Bldg. E/W Hallway |
|
| Benefits Fair | Wednesday, November 6 | 11:00 AM – 2:00 PM (CST) |
Bldg. E/W Hallway | |
| Annual Enrollment Meeting | Thursday, November 7 | 6:00 PM – 7:00 PM (CST) |
Manufacturing C/R |
Austin (Oak Hill), TX
| Location | Date | Time | Room | Save the Date |
|---|---|---|---|---|
| Benefits Table | Wednesday, November 6 Thursday, November 7 |
10:00 AM – 6:00 PM (CST) |
Oak Hill Cafe Oak Hill Cafe |
|
| Annual Enrollment Meeting | Wednesday, November 6 | 11:00 AM – 12:00 PM (CST) |
Oak Hill Cafe | |
| Benefits Fair | Thursday, November 7 | 11:00 AM – 2:00 PM (CST) |
Oak Hill Cafe |
Chandler, AZ
| Location | Date | Time | Room | Save the Date |
|---|---|---|---|---|
| Benefits Table | Tuesday, November 12 Wednesday, November 13 Thursday, November 14 |
11:00 AM – 7:00 PM (MST) |
Bldg. M Hallway near Grand Canyon Bldg. M Hallway near Grand Canyon Bldg. M Hallway near Grand Canyon |
|
| Annual Enrollment Meeting | Tuesday, November 12 Wednesday, November 13 |
5:15 PM – 6:15 PM (MST) |
Grand Canyon Grand Canyon |
|
| Benefits Fair | Wednesday, November 13 |
11:00 AM – 2:00 PM (MST) |
Bldg. M Hallway near Grand Canyon |
Your NXP 401(k) Plan offers employer matching contributions, immediate vesting and investment options that give you the ability to diversify your account — giving you the power to take charge of your financial future. Contribute pre-tax and Roth up to the annual IRS limit and contribute even more by taking advantage of the after-tax contribution option. And remember—NXP will match your pre-tax and Roth contributions dollar for dollar, up to 5% of your eligible salary. Limits are projected to increase for 2025; however, these new limits have not yet been released by the IRS. The new contribution limits will be posted to nxp.com/benefits > Retirement and Financial > 401(k) Retirement Plan when they are available.
NXP’s Employee Stock Purchase Plan is a voluntary participation plan that allows eligible employees to share in the success of NXP through a discounted equity stake in NXP (Nasdaq listed NXPI). Enrollment occurs twice a year in January and July – you stay enrolled until you leave NXP, Withdraw or Suspend from the plan. Contribute between 2% and 10% of your base salary. Deductions are automatically taken from your paycheck and held in a non-interest-bearing account until the stock Purchase Date, and a 15% discount is applied to the market value of the shares purchased. More information is posted on NXP’s ESPP SharePoint page .
If you do not make new elections by November 15, 2024, your current 2024 enrollment elections will carry over to 2025 except for spending accounts. Your beneficiary information will NOT carry over. Please log into the new enrollment platform any time after October 29, 2024 to confirm your beneficiaries.
Enrollment support will be available on Tuesday, October 29. Starting on this date, you can ask questions about your benefits or the enrollment process by calling the NXP Benefits Service Center at (888) 532-3971. The Benefits Service Center’s hours are Monday-Friday 7:00 a.m.-7:00 p.m. CT.
Please note, we will continue to update this page with details during Annual Enrollment.