401(k) · DOL Form 5500 · 2023

Penumbra, Inc. 401(k) Plan

Data updated 2026-08-25

$190M
Total assets Near avg plan size
3,546
Participants Above avg headcount
95th
Percentile by assets National rank
$53,722
Avg per participant Low balance/head
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Official DOL plan name: Penumbra, Inc. 401(k) Plan · Sponsored by Penumbra, Inc. · California · Manufacturing

$190M in assets, 3,546 participants

Penumbra, Inc.'s Penumbra, Inc. 401(k) Plan reported $190M in total assets and 3,546 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #17,137 in Manufacturing (18,722 peers)

Coverage in California

Penumbra, Inc. 401(k) Plan covers 3,546 participants in California, 5.6x the typical California plan (state average ~630 per filing). Assets: $190M.

#17,137
in Manufacturing (18,722 peers)
+38.0%
assets growth YoY
1.9×
vs typical plan assets (national mean)

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

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

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

$190,497,079 Top 5% higher than 95% of 127,068 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 2023

Penumbra, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Penumbra, Inc. 401(k) Plan lands in the large band (3,546 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Penumbra, Inc. 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $52M in the plan year 2023 filing.
  • Penumbra, Inc. 401(k) Plan end-of-year assets rose from $138M in the plan year 2022 filing to $190M in the plan year 2023 filing.
  • Penumbra, Inc. 401(k) Plan reported participants rose from 3,266 in the plan year 2022 filing to 3,546 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 050605598 · Penumbra, Inc. PY 2023 · 401(k)

Penumbra, Inc. 401(k) Plan · $190M · 3,546 · 95th

  • PHOTO $190M
  • IND 3,546
  • EOY 95th
  • 5500 401(k)
  • ASSETS near Firstcash 401(k) Profit Sharing Plan
  • PCT ind #17137

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 →

Penumbra, Inc. 401(k) Plan in the asset neighbourhood

Bayview Asset Management LLC 401(k) PlanBayview Asset Management LLC…$191MTax-Favored Savings Program$191MFirstcash 401(k) Profit Sharing PlanFirstcash 401(k) Profit Shar…$191MPenumbra, Inc. 401(k) Plan$190MCinemark USA, Inc. Plan and TrustCinemark USA, Inc. Plan and …$190M
End-of-year total assets ($M) among Penumbra, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$138M
Net Assets (End of Year)$190M
Net Income$52M
Employer EIN050605598
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penumbra, Inc.)

Sponsor-wide plan assets over time

All Penumbra, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$246M 78.3976811698032% vs 2022
2024 filing year
$100M$150M$200M$250M$300M 202220232024 $138M $246M ▲ +78.4%
Year Plans Participants Total Assets
2022 1 3,266 $138M
2023 1 3,546 $190M
2024 1 3,576 $246M

Nearby 401(k) Plans in California

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

Penumbra, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Penumbra, Inc. 401(k) Plan, Total assets ($B): 0.190497079 · Participants: 3546Penumbra, Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Penumbra, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Penumbra, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Firstcash 401(k) Profit Sharing Plan in TX ($191M); by covered participants it is Hancock Whitney Corporation 401(k) Savings Plan in MS (3,545 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($190M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,546 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Penumbra, Inc. 401(k) Plan assets move in 2023? ▼
Penumbra, Inc. 401(k) Plan surged - up 38.0% during 2023, from $138M to $190M. Reported net income was $52M.
How have Penumbra, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penumbra, Inc.'s sponsor-wide assets grew 78.4%, from $138M to $246M.
Where does Penumbra, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Penumbra, Inc. 401(k) Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Penumbra, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Firstcash 401(k) Profit Sharing Plan in TX ($191M, 4,947 participants).
Which 401(k) plans cover a similar participant headcount to Penumbra, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hancock Whitney Corporation 401(k) Savings Plan in MS (3,545 participants, $543M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 050605598.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.