401(k) · DOL Form 5500 · 2023

Shockwave Medical, Inc. 401(k) Plan

Data updated 2026-08-11

$71M
Total assets
881
Participants
89th
Percentile by assets
$80,093
Avg per participant
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Official DOL plan name: Shockwave Medical, Inc. 401(k) Plan · Sponsored by Shockwave Medical, Inc. · California · Manufacturing

$71M in assets, 881 participants

Shockwave Medical, Inc.'s Shockwave Medical, Inc. 401(k) Plan reported $71M in total assets and 881 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 127,072 plans)
  • #15,588 in Manufacturing (18,722 peers)

Where Shockwave Medical, Inc. 401(k) Plan sits by assets

Shockwave Medical, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $71M for 881 participants (~$80,093/participant), up 82.3% in 2023.

$71M
total plan assets (2023 EOY)
881
covered participants
89th
percentile by assets (of 127,072 plans)
$80,093
avg assets per participant

Where Shockwave Medical, Inc. 401(k) Plan sits by total assets

Shockwave Medical, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$70,562,002 Top 11% higher than 89% of 127,068 filed plans

This plan $0 $2,010,000,000 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shockwave Medical, Inc. 401(k) Plan reported net income rose from $8M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • Shockwave Medical, Inc. 401(k) Plan end-of-year assets rose from $39M in the plan year 2022 filing to $71M in the plan year 2023 filing.
  • Shockwave Medical, Inc. 401(k) Plan reported participants rose from 571 in the plan year 2022 filing to 881 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Shockwave Medical, Inc. 401(k) Plan vs the 2023 asset distribution

By assets, Shockwave Medical, Inc. 401(k) Plan outranks 89% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$71M
Net Income$32M
Employer EIN270494101
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shockwave Medical, Inc.)

$0M$50M$100M$150M 202220232024 $38.7M $105M ▲ +172.4%
Total plan assets by year, all Shockwave Medical, Inc. plans on file
Year Plans Participants Total Assets
2022 1 571 $39M
2023 1 881 $71M
2024 2 2,585 $105M

Nearby 401(k) Plans in California

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

Shockwave Medical, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Shockwave Medical, I…, Total assets ($B): 0.070562002 · Participants: 881Shockwave Medical, I…Wells Fargo & Compan…, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Compan…Google LLC 401(k) Sa…, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Sa…Oracle Corporation 4…, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 4…Intel 401(k) Savings…, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings…Apple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Shockwave Medical, Inc. 401(k) 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 Shockwave Medical, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Shockwave Medical, Inc. 401(k) Plan assets move in 2023?
Shockwave Medical, Inc. 401(k) Plan surged - up 82.3% during 2023, from $39M to $71M. Reported net income was $32M.
How have Shockwave Medical, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Shockwave Medical, Inc.'s sponsor-wide assets grew 172.4%, from $39M to $105M.
Where does Shockwave Medical, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Shockwave Medical, Inc. 401(k) Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Shockwave Medical, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Holcim (US) Inc. Union 401(k) Plan in MI ($71M, 1,193 participants).

Next read for Shockwave Medical, Inc. 401(k) Plan

Scale reading

Ways to act on Shockwave Medical, Inc. 401(k) Plan's numbers.

  • By total assets, Shockwave Medical, Inc. 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
  • Shockwave Medical, Inc.'s sponsor-wide assets have grown 172.4% since 2022 across 3 plan years on file. More Manufacturing plans