401(k) · DOL Form 5500 · 2022
Seagate U.S. LLC 401(k) Plan
Data updated 2026-08-11
- $2.0B
- Total assets
- 4,483
- Participants
- 99th
- Percentile by assets
- $444,489
- Avg per participant
Official DOL plan name: Seagate 401(k) Plan · Sponsored by Seagate U.S. LLC · California · Manufacturing
$2.0B in assets, 4,483 participants
Seagate U.S. LLC's Seagate 401(k) Plan reported $2.0B in total assets and 4,483 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)
- #20,382 in Manufacturing (20,602 peers)
Coverage in California
Seagate 401(k) Plan covers 4,483 participants in California, 7.1x the typical California plan (state average ~630 per filing). Assets: $2.0B.
- $2.0B
- total plan assets (2022 EOY)
- 4,483
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $444,489
- avg assets per participant
The plan reported a net loss of $510M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Seagate 401(k) Plan sits by total assets
Seagate 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,992,644,951 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
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Seagate 401(k) Plan reports 4,483 participants - 7.1x that state average ($2.0B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $2.5B |
|---|---|
| Net Assets (End of Year) | $2.0B |
| Net Income | -$510M |
| Employer EIN | 770545987 |
| Plan Effective Date | 1986-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Seagate U.S. LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,483 | $2.0B |
| 2023 | 1 | 4,188 | $2.1B |
| 2024 | 1 | 3,205 | $2.3B |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Seagate 401(k) 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Seagate 401(k) Plan by total assets, not by location.
- Wood 401(k) Plan (TX) $2.0B · 11,304
- Avangrid Union 401(k) Plan (CT) $2.0B · 3,640
- AT&T Savings and Security Plan (TX) $2.0B · 30,467
- Lyondellbasell Savings Plan (TX) $2.0B · 7,764
Frequently Asked Questions
How did Seagate 401(k) Plan assets move in 2022? ▼
How have Seagate U.S. LLC plan assets changed over time? ▼
Where does Seagate 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Seagate 401(k) Plan? ▼
Next read for Seagate 401(k) Plan
Filing takeaways
Ways to act on Seagate 401(k) Plan's numbers.
- By total assets, Seagate 401(k) 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
- Seagate U.S. LLC's sponsor-wide assets have grown 15.5% since 2022 across 3 plan years on file. More Manufacturing plans