401(k) · DOL Form 5500 · 2022

Varian Medical Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
3,468
Participants Above avg headcount
99th
Percentile by assets National rank
$336,949
Avg per participant High balance/head
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Official DOL plan name: Varian Medical Systems, Inc. Retirement Plan · Sponsored by Varian Medical Systems, Inc. · California · Manufacturing

$1.2B in assets, 3,468 participants

Varian Medical Systems, Inc.'s Varian Medical Systems, Inc. Retirement Plan reported $1.2B in total assets and 3,468 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.

  • #20,248 in Manufacturing (20,602 peers)

Coverage in California

Varian Medical Systems, Inc. Retirement Plan covers 3,468 participants in California, 5.5x the typical California plan (state average ~630 per filing). Assets: $1.2B.

#20,248
in Manufacturing (20,602 peers)
-21.7%
assets change YoY
12×
vs typical plan assets (national mean)

The plan reported a net loss of $325M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Varian Medical Systems, Inc. Retirement Plan's outsized position by total assets

Varian Medical Systems, Inc. Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,168,537,636 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Varian Medical Systems, Inc. Retirement 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. Varian Medical Systems, Inc. Retirement Plan lands in the large band (3,468 participants).

DOL schedule card

Filing strip 942359345 · Varian Medical Systems, Inc. PY 2022 · 401(k)

Varian Medical Systems, Inc. Retirement Plan · $1.2B · 3,468 · 99th

  • EBSA $1.2B
  • EBSA 3,468
  • EBSA 99th
  • EBSA 401(k)
  • EBSA near Alliant Energy Corporation 401(k) Savings Plan
  • EBSA ind #20248

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 →

Varian Medical Systems, Inc. Retirement Plan in the asset neighbourhood

Cdm Smith Inc. Capital Accumulation PlanCdm Smith Inc. Capital Accum…$1.2BVarian Medical Systems, Inc. Retirement PlanVarian Medical Systems, Inc.…$1.2BAlliant Energy Corporation 401(k) Savings PlanAlliant Energy Corporation 4…$1.2BUPS/Ipa 401 (K) Savings Plan$1.2BCommercial Metals Companies Retirement PlanCommercial Metals Companies …$1.2B
End-of-year total assets ($B) among Varian Medical Systems, Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$1.5B
Net Assets (End of Year)$1.2B
Net Income-$325M
Employer EIN942359345
Plan Effective Date1955-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Varian Medical Systems, Inc.)

Sponsor-wide plan assets over time

All Varian Medical Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0B$0.5B$1B$1.5B$2B 202220232024 $1.17B $0B ▼ -100.0%
Year Plans Participants Total Assets
2022 1 3,468 $1.2B
2023 1 3,735 $1.4B
2024 1 3,851 N/A

Nearby 401(k) Plans in California

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

Varian Medical Systems, Inc. Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -1001020304050 Total assets ($B) Participants Varian Medical Systems, Inc. Retirement Plan, Total assets ($B): 1.168537636 · Participants: 3468Varian Medical Systems, Inc. Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Varian Medical Systems, Inc. Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Varian Medical Systems, Inc. Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Alliant Energy Corporation 401(k) Savings Plan in WI ($1.2B); by covered participants it is Harte Hanks Investment Plus Plan in MA (3,468 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,468 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Varian Medical Systems, Inc. Retirement Plan assets move in 2022? ▼
Varian Medical Systems, Inc. Retirement Plan declined sharply - down 21.7% during 2022, from $1.5B to $1.2B. Reported net income was -$325M.
Where does Varian Medical Systems, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Varian Medical Systems, Inc. Retirement Plan ranks in the 99th percentile by end-of-year assets among 139,126 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 Varian Medical Systems, Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Alliant Energy Corporation 401(k) Savings Plan in WI ($1.2B, 3,263 participants).
Which 401(k) plans cover a similar participant headcount to Varian Medical Systems, Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Harte Hanks Investment Plus Plan in MA (3,468 participants, $134M in assets).