401(k) · DOL Form 5500 · 2022

Varian Medical Systems, Inc. 401(k) Plan

Data updated 2026-08-11

$1.2B
Total assets
3,468
Participants
99th
Percentile by assets
$336,949
Avg per participant
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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.

  • 99th percentile by assets (of 139,126 plans)
  • #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.

$1.2B
total plan assets (2022 EOY)
3,468
covered participants
99th
percentile by assets (of 139,126 plans)
$336,949
avg assets per participant

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.

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Varian Medical Systems, Inc. Retirement Plan reports 3,468 participants - 5.5x that state average ($1.2B EOY assets).

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.)

$-0.5B$0B$0.5B$1B$1.5B$2B 202220232024 $1.17B $0B ▼ -100.0%
Total plan assets by year, all Varian Medical Systems, Inc. plans on file
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

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 Syste…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Chevron Employee Sav…Intel 401(k) Savings…
Varian Medical Systems, Inc. Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Varian Medical Systems, Inc. Retirement Plan by total assets, not by location.

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).

Next read for Varian Medical Systems, Inc. Retirement …

Filing takeaways

Ways to act on Varian Medical Systems, Inc. Retirement Plan's numbers.

  • By total assets, Varian Medical Systems, Inc. Retirement 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