401(k) · DOL Form 5500 · 2022
Netapp, Inc. 401(k) Plan
Data updated 2026-08-25
- $1.7B
- Total assets Very large vs avg
- 5,901
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $292,139
- Avg per participant High balance/head
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.
- #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.
- #20,343
- in Manufacturing (20,602 peers)
- -16.8%
- assets change YoY
- 17×
- vs typical plan assets (national mean)
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.
Netapp, Inc. Employees' 401(k) Savings Plan's outsized position by total assets
Netapp, Inc. Employees' 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,723,911,930 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Netapp, Inc. Employees' 401(k) Savings Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Netapp, Inc. Employees' 401(k) Savings Plan lands in the large band (5,901 participants).
EBSA filing schedule strip
Filing strip 770307520 · Netapp, Inc. PY 2022 · 401(k)
Netapp, Inc. Employees' 401(k) Savings Plan · $1.7B · 5,901 · 99th
- RANK $1.7B
- RANK 5,901
- RANK 99th
- RANK 401(k)
- RANK near Hilton 401(k) Plan
- RANK ind #20343
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in California →
Netapp, Inc. Employees' 401(k) Savings Plan in the asset neighbourhood
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.)
Sponsor-wide plan assets over time
All Netapp, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.2B 30.1168733138241% vs 2022
- 2024 filing year
| 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.
- 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)
Netapp, Inc. Employees' 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside California, the nearest 401(k) by assets is Hilton 401(k) Plan in VA ($1.7B); by covered participants it is Petvet Care Centers Management, LLC Retirement Savings Plan in CT (5,903 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.7B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (5,901 participants); asset peers above are excluded.
- Petvet Care Centers Management, LLC Retirement Savings Plan (CT) 5,903 · 2 off
- Copart, Inc. 401(k) Retirement Savings Plan (TX) 5,898 · 3 off
- Preferred Home Care of New York 401(k) Plan (NY) 5,904 · 3 off
- Gps Hospitality 401(k) Plan (GA) 5,905 · 4 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.