401(k) · DOL Form 5500 · 2022
Sleep Number Corporation 401(k) Plan
Data updated 2026-08-11
- $203M
- Total assets
- 5,706
- Participants
- 96th
- Percentile by assets
- $35,592
- Avg per participant
Official DOL plan name: Sleep Number Profit Sharing and 401(k) Plan · Sponsored by Sleep Number Corporation · Minnesota · Manufacturing
$203M in assets, 5,706 participants
Sleep Number Corporation's Sleep Number Profit Sharing and 401(k) Plan reported $203M in total assets and 5,706 participants in its 2022 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 96th percentile by assets (of 139,126 plans)
- #19,193 in Manufacturing (20,602 peers)
Coverage in Minnesota
Sleep Number Profit Sharing and 401(k) Plan covers 5,706 participants in Minnesota, 5.1x the typical Minnesota plan (state average ~1,126 per filing). Assets: $203M.
- $203M
- total plan assets (2022 EOY)
- 5,706
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $35,592
- avg assets per participant
The plan reported a net loss of $37M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Sleep Number Profit Sharing and 401(k) Plan reports 5,706 participants - 5.1x that state average ($203M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $241M |
|---|---|
| Net Assets (End of Year) | $203M |
| Net Income | -$37M |
| Employer EIN | 411597886 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sleep Number Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,706 | $203M |
| 2023 | 1 | 5,118 | $235M |
| 2024 | 1 | 4,172 | $257M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Sleep Number Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Scale composition for Sleep Number Profit Sharing and 401(k) Plan
Sleep Number Profit Sharing and 401(k) Plan reports $203M in end-of-year assets across 5,706 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $35,592 per participant (26% of the national average assets-per-participant) . Net income for plan year 2022 was -$37M.
This plan identity (EIN 411597886, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $203M to $257M (+26.7%) while covered participants moved from 5,706 to 4,172 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,706 | $203M | This page |
| 2023 | 5,118 | $235M | Open filing |
| 2024 · index core | 4,172 | $257M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Sleep Number Profit Sharing and 401(k) Plan (401(k), $257M, 4,172 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Sleep Number Profit Sharing and 401(k) Plan by total assets, not by location.
- Curran Group Retirement Plan (IL) $203M · 1,601
- Smithbucklin Employee Retirement Plan (IL) $203M · 595
- Thompson Tractor Co., Inc. Profit Sharing Plan and Trust Agreement (AL) $203M · 1,436
- Littelfuse, Inc. 401(k) Retirement and Savings Plan (IL) $203M · 698
Frequently Asked Questions
How did Sleep Number Profit Sharing and 401(k) Plan assets move in 2022? ▼
How have Sleep Number Corporation plan assets changed over time? ▼
Where does Sleep Number Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Sleep Number Profit Sharing and 401(k) Plan? ▼
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Filing takeaways
Ways to act on Sleep Number Profit Sharing and 401(k) Plan's numbers.
- By total assets, Sleep Number Profit Sharing and 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Sleep Number Corporation's sponsor-wide assets have grown 26.7% since 2022 across 3 plan years on file. More Manufacturing plans