401(k) · DOL Form 5500 · 2022

Staples, Inc. 401(k) Plan

Data updated 2026-08-06

$1.3B
Total assets
13,729
Participants
99th
Percentile by assets
$93,113
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Staples, Inc. Employees' 401(k) Savings Plan · Sponsored by Staples, Inc. · Massachusetts · Retail Trade

$1.3B in assets, 13,729 participants

Staples, Inc.'s Staples, Inc. Employees' 401(k) Savings Plan reported $1.3B in total assets and 13,729 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,258 plans)
  • #9,479 in Retail Trade (9,527 peers)

Coverage in Massachusetts

Staples, Inc. Employees' 401(k) Savings Plan covers 13,729 participants in Massachusetts, 21x the typical Massachusetts plan (state average ~641 per filing). Assets: $1.3B.

$1.3B
total plan assets (2022 EOY)
13,729
covered participants
99th
percentile by assets (of 139,258 plans)
$93,113
avg assets per participant

The plan reported a net loss of $336M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 641 participants across 3,941 plans. Staples, Inc. Employees' 401(k) Savings Plan reports 13,729 participants - 21x that state average ($1.3B EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.3B
Net Income-$336M
Employer EIN042896127
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Staples, Inc.)

$1.2B$1.3B$1.4B$1.5B$1.6B 202220232024 $1.28B $1.52B ▲ +18.8%
Total plan assets by year, all Staples, Inc. plans on file
Year Plans Participants Total Assets
2022 1 13,729 $1.3B
2023 1 13,528 $1.4B
2024 1 12,947 $1.5B

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Staples, Inc. Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Staples, Inc. Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 100002000030000400005000060000 0510152025 Total assets ($B) Participants Staples, Inc. Employ…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Philips North Americ…Boston Scientific Co…
Staples, Inc. Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Scale composition for Staples, Inc. Employees' 401(k) Savings Plan

Staples, Inc. Employees' 401(k) Savings Plan reports $1.3B in end-of-year assets across 13,729 participants (0.011% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.015% of 89,805,449 covered participants) - about $93,113 per participant (68% of the national average assets-per-participant) . Net income for plan year 2022 was -$336M.

This plan identity (EIN 042896127, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.5B (+18.6%) while covered participants moved from 13,729 to 12,947 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,729 $1.3B This page
2023 13,528 $1.4B Open filing
2024 · index core 12,947 $1.5B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Staples, Inc. Employees' 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Staples, Inc. Employees' 401(k) Savings Plan assets move in 2022?
Staples, Inc. Employees' 401(k) Savings Plan declined sharply - down 20.8% during 2022, from $1.6B to $1.3B. Reported net income was -$336M.
How have Staples, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Staples, Inc.'s sponsor-wide assets grew 18.6%, from $1.3B to $1.5B.
Where does Staples, Inc. Employees' 401(k) Savings Plan rank by assets among Form 5500 filers?
Staples, Inc. Employees' 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Staples, Inc. Employees' 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Infineon Technologies Savings Plan in CA ($1.3B, 3,911 participants).

Next read for Staples, Inc. Employees' 401(k) Savings …

Filing takeaways

Ways to act on Staples, Inc. Employees' 401(k) Savings Plan's numbers.

  • By total assets, Staples, Inc. Employees' 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
  • Staples, Inc.'s sponsor-wide assets have grown 18.6% since 2022 across 3 plan years on file. More Retail Trade plans