401(k) · DOL Form 5500 · 2022
Red Hat, Inc. 401(k) Plan
Data updated 2026-08-25
- $1.2B
- Total assets Very large vs avg
- 7,995
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $152,708
- Avg per participant Above avg balance/head
Official DOL plan name: Red Hat, Inc. 401(k) and Profit Sharing Plan · Sponsored by Red Hat, Inc. · North Carolina · Professional & Technical Services
$1.2B in assets, 7,995 participants
Red Hat, Inc.'s Red Hat, Inc. 401(k) and Profit Sharing Plan reported $1.2B in total assets and 7,995 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.
- #21,439 in Professional & Technical Services (21,562 peers)
Coverage in North Carolina
Red Hat, Inc. 401(k) and Profit Sharing Plan covers 7,995 participants in North Carolina, 9.8x the typical North Carolina plan (state average ~819 per filing). Assets: $1.2B.
- #21,439
- in Professional & Technical Services (21,562 peers)
- -14.0%
- assets change YoY
- 12×
- vs typical plan assets (national mean)
The plan reported a net loss of $199M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Red Hat, Inc. 401(k) and Profit Sharing Plan's outsized position by total assets
Red Hat, Inc. 401(k) and Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,220,902,153 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
Red Hat, Inc. 401(k) and Profit Sharing 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. Red Hat, Inc. 401(k) and Profit Sharing Plan lands in the large band (7,995 participants).
EBSA filing schedule strip
Filing strip 061364380 · Red Hat, Inc. PY 2022 · 401(k)
Red Hat, Inc. 401(k) and Profit Sharing Plan · $1.2B · 7,995 · 99th
- NET $1.2B
- NET 7,995
- NET 99th
- NET 401(k)
- NET near Brown & Brown, Inc Employee Savings Plan
- NET ind #21439
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 Professional & Technical Services retirement plans → · Plans in North Carolina →
Red Hat, Inc. 401(k) and Profit Sharing Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $1.4B |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | -$199M |
| Employer EIN | 061364380 |
| Plan Effective Date | 1998-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Red Hat, Inc.)
Sponsor-wide plan assets over time
All Red Hat, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.9B 59.03734400245586% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 7,995 | $1.2B |
| 2023 | 1 | 8,059 | $1.6B |
| 2024 | 1 | 7,477 | $1.9B |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Scale composition for Red Hat, Inc. 401(k) and Profit Sharing Plan
Red Hat, Inc. 401(k) and Profit Sharing Plan reports $1.2B in end-of-year assets across 7,995 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $152,708 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2022 was -$199M.
This plan identity (EIN 061364380, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.9B (+59.0%) while covered participants moved from 7,995 to 7,477 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,995 | $1.2B | This page |
| 2023 | 8,059 | $1.6B | Open filing |
| 2024 · index core | 7,477 | $1.9B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Red Hat, Inc. 401(k) and Profit Sharing Plan (401(k), $1.9B, 7,477 participants)
Red Hat, Inc. 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Brown & Brown, Inc Employee Savings Plan in FL ($1.2B); by covered participants it is Meritage Hospitality Group 401(k) in MI (8,004 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.2B here).
- Brown & Brown, Inc Employee Savings Plan (FL) $1.2B · 11,437
- Millerknoll Retirement Plan (MI) $1.2B · 5,250
- Evonik Corporation 401(k) Savings Plan (NJ) $1.2B · 4,642
- Employee Savings and Stock Ownership Plan of General Re Corp and Its Domestic Subsidiaries (CT) $1.2B · 998
Similar participant headcount
Nearest other-state filings by covered participants (7,995 participants); asset peers above are excluded.
- Meritage Hospitality Group 401(k) (MI) 8,004 · 9 off
- Stifel Financial Profit Sharing 401(k) Plan (MO) 8,005 · 10 off
- Valero Energy Corporation Thrift Plan (TX) 7,979 · 16 off
- Battelle Employees' Savings Plan (OH) 7,979 · 16 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.