401(k) · DOL Form 5500 · 2022

Fortinet, Inc. 401(k) Plan

Data updated 2026-08-25

$332M
Total assets Above avg plan size
3,126
Participants Above avg headcount
97th
Percentile by assets National rank
$106,164
Avg per participant Below avg balance/head
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Official DOL plan name: Fortinet Inc. 401(k) Plan · Sponsored by Fortinet, Inc. · California · Professional & Technical Services

$332M in assets, 3,126 participants

Fortinet, Inc.'s Fortinet Inc. 401(k) Plan reported $332M in total assets and 3,126 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #21,107 in Professional & Technical Services (21,562 peers)

Coverage in California

Fortinet Inc. 401(k) Plan covers 3,126 participants in California, 5.0x the typical California plan (state average ~630 per filing). Assets: $332M.

#21,107
in Professional & Technical Services (21,562 peers)
-4.4%
assets change YoY
3.3×
vs typical plan assets (national mean)

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Fortinet Inc. 401(k) Plan's outsized position by total assets

Fortinet Inc. 401(k) Plan vs every filed plan by assets

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

$331,867,156 Top 3% higher than 97% 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

Fortinet Inc. 401(k) 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. Fortinet Inc. 401(k) Plan lands in the large band (3,126 participants).

Plan-year Form 5500 strip

Filing strip 770560389 · Fortinet, Inc. PY 2022 · 401(k)

Fortinet Inc. 401(k) Plan · $332M · 3,126 · 97th

  • PART $332M
  • TYPE 3,126
  • NET 97th
  • BOOK 401(k)
  • VS-ST near Sage 401(k) Plan
  • BOY ind #21107

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 California →

Fortinet Inc. 401(k) Plan in the asset neighbourhood

Point72, L.P. 401(k) Plan$332MThe Sharp Employees Savings and Investment PlanThe Sharp Employees Savings …$332MFortinet Inc. 401(k) Plan$332MSage 401(k) Plan$332MDuane Morris Employee Incentive Savings 401(k) PlanDuane Morris Employee Incent…$331M
End-of-year total assets ($M) among Fortinet Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$347M
Net Assets (End of Year)$332M
Net Income-$15M
Employer EIN770560389
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fortinet, Inc.)

Sponsor-wide plan assets over time

All Fortinet, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$629M 89.47033342461886% vs 2022
2024 filing year
$300M$400M$500M$600M$700M 202220232024 $332M $629M ▲ +89.5%
Year Plans Participants Total Assets
2022 1 3,126 $332M
2023 1 3,751 $479M
2024 1 3,826 $629M

Nearby 401(k) Plans in California

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

Fortinet Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -1001020304050 Total assets ($B) Participants Fortinet Inc. 401(k) Plan, Total assets ($B): 0.331867156 · Participants: 3126Fortinet Inc. 401(k) 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
Fortinet Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Fortinet Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Sage 401(k) Plan in GA ($332M); by covered participants it is Lands' End, Inc. Retirement Plan in WI (3,126 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($332M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,126 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 Fortinet Inc. 401(k) Plan assets move in 2022? ▼
Fortinet Inc. 401(k) Plan edged down modestly - down 4.4% during 2022, from $347M to $332M. Reported net income was -$15M.
How have Fortinet, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fortinet, Inc.'s sponsor-wide assets grew 89.5%, from $332M to $629M.
Where does Fortinet Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Fortinet Inc. 401(k) Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Fortinet Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sage 401(k) Plan in GA ($332M, 2,265 participants).
Which 401(k) plans cover a similar participant headcount to Fortinet Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lands' End, Inc. Retirement Plan in WI (3,126 participants, $363M in assets).