401(k) · DOL Form 5500 · 2022

Amgen Inc. 401(k) Plan

Data updated 2026-08-06

$6.0B
Total assets
11,445
Participants
100th
Percentile by assets
$524,716
Avg per participant
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Official DOL plan name: Amgen Retirement and Savings Plan · Sponsored by Amgen Inc. · California · Manufacturing

$6.0B in assets, 11,445 participants

Amgen Inc.'s Amgen Retirement and Savings Plan reported $6.0B in total assets and 11,445 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 139,258 plans)
  • #20,545 in Manufacturing (20,629 peers)

Coverage in California

Amgen Retirement and Savings Plan covers 11,445 participants in California, 18x the typical California plan (state average ~637 per filing). Assets: $6.0B.

$6.0B
total plan assets (2022 EOY)
11,445
covered participants
100th
percentile by assets (of 139,258 plans)
$524,716
avg assets per participant

The plan reported a net loss of $1.2B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Amgen Retirement and Savings Plan reports 11,445 participants - 18x that state average ($6.0B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$7.2B
Net Assets (End of Year)$6.0B
Net Income-$1.2B
Employer EIN953540776
Plan Effective Date1985-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Amgen Inc.)

$5B$6B$7B$8B 202220232024 $6.01B $7.72B ▲ +28.5%
Total plan assets by year, all Amgen Inc. plans on file
Year Plans Participants Total Assets
2022 1 11,445 $6.0B
2023 1 12,714 $6.9B
2024 1 12,355 $7.7B

Nearby 401(k) Plans in California

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

Amgen Retirement and Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Amgen Retirement and Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 01020304050 Total assets ($B) Participants Amgen Retirement and…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Chevron Employee Sav…Intel 401(k) Savings…
Amgen Retirement and Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Amgen Retirement and Savings Plan

Amgen Retirement and Savings Plan reports $6.0B in end-of-year assets across 11,445 participants (0.052% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.013% of 89,805,449 covered participants) - about $524,716 per participant (3.8x the national average assets-per-participant) . Net income for plan year 2022 was -$1.2B.

This plan identity (EIN 953540776, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.0B to $7.7B (+28.6%) while covered participants moved from 11,445 to 12,355 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,445 $6.0B This page
2023 12,714 $6.9B Open filing
2024 · index core 12,355 $7.7B 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 Amgen Retirement and Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Amgen Retirement and Savings Plan assets move in 2022?
Amgen Retirement and Savings Plan declined sharply - down 16.5% during 2022, from $7.2B to $6.0B. Reported net income was -$1.2B.
How have Amgen Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Amgen Inc.'s sponsor-wide assets grew 28.6%, from $6.0B to $7.7B.
Where does Amgen Retirement and Savings Plan rank by assets among Form 5500 filers?
Amgen Retirement and Savings Plan ranks in the 100th 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 Amgen Retirement and Savings Plan?
Among 401(k) plans in other states, the closest by assets is Nestle 401(k) Savings Plan in OH ($6.0B, 24,432 participants).

Next read for Amgen Retirement and Savings Plan

Filing takeaways

Ways to act on Amgen Retirement and Savings Plan's numbers.