401(k) · DOL Form 5500 · 2022
Netapp, Inc. 401(k) Plan
Data updated 2026-08-11
- $1.7B
- Total assets
- 5,901
- Participants
- 99th
- Percentile by assets
- $292,139
- Avg per participant
Official DOL plan name: Netapp, Inc. Employees' 401(k) Savings Plan · Sponsored by Netapp, Inc. · California · Manufacturing
$1.7B in assets, 5,901 participants
Netapp, Inc.'s Netapp, Inc. Employees' 401(k) Savings Plan reported $1.7B in total assets and 5,901 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 139,126 plans)
- #20,343 in Manufacturing (20,602 peers)
Coverage in California
Netapp, Inc. Employees' 401(k) Savings Plan covers 5,901 participants in California, 9.4x the typical California plan (state average ~630 per filing). Assets: $1.7B.
- $1.7B
- total plan assets (2022 EOY)
- 5,901
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $292,139
- avg assets per participant
The plan reported a net loss of $349M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Netapp, Inc. Employees' 401(k) Savings Plan reports 5,901 participants - 9.4x that state average ($1.7B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $2.1B |
|---|---|
| Net Assets (End of Year) | $1.7B |
| Net Income | -$349M |
| Employer EIN | 770307520 |
| Plan Effective Date | 1998-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Netapp, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,901 | $1.7B |
| 2023 | 1 | 6,378 | $2.0B |
| 2024 | 1 | 5,549 | $2.2B |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Netapp, Inc. Employees' 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
- Wells Fargo & Company 401(k) Plan $45.8B · 205,865
- Google LLC 401(k) Savings Plan $28.9B · 102,963
- Oracle Corporation 401(k) Savings and Investment Plan $21.9B · 46,320
- Chevron Employee Savings Investment Plan $18.6B · 19,946
- Intel 401(k) Savings Plan $18.4B · 54,672
Scale composition for Netapp, Inc. Employees' 401(k) Savings Plan
Netapp, Inc. Employees' 401(k) Savings Plan reports $1.7B in end-of-year assets across 5,901 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $292,139 per participant (2.1x the national average assets-per-participant) . Net income for plan year 2022 was -$349M.
This plan identity (EIN 770307520, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.7B to $2.2B (+30.1%) while covered participants moved from 5,901 to 5,549 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,901 | $1.7B | This page |
| 2023 | 6,378 | $2.0B | Open filing |
| 2024 · index core | 5,549 | $2.2B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Netapp, Inc. Employees' 401(k) Savings Plan (401(k), $2.2B, 5,549 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Netapp, Inc. Employees' 401(k) Savings Plan by total assets, not by location.
- Hilton 401(k) Plan (VA) $1.7B · 22,876
- Netjets Aviation, Inc. 401(k) Retirement Plan (OH) $1.7B · 2,860
- American Family 401(k) Plan (WI) $1.7B · 13,713
- Epic Systems Corporation 401(k) Plan (WI) $1.7B · 10,964
Frequently Asked Questions
How did Netapp, Inc. Employees' 401(k) Savings Plan assets move in 2022? ▼
How have Netapp, Inc. plan assets changed over time? ▼
Where does Netapp, Inc. Employees' 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Netapp, Inc. Employees' 401(k) Savings Plan's numbers.
- By total assets, Netapp, 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 California. Compare plans
- Netapp, Inc.'s sponsor-wide assets have grown 30.1% since 2022 across 3 plan years on file. More Manufacturing plans