401(k) · DOL Form 5500 · 2023

Outset Medical, Inc. 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
519
Participants Below avg headcount
79th
Percentile by assets National rank
$57,733
Avg per participant Low balance/head
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Official DOL plan name: Outset Medical 401(k) Plan · Sponsored by Outset Medical, Inc. · California · Manufacturing

$30M in assets, 519 participants

Outset Medical, Inc.'s Outset Medical 401(k) Plan reported $30M in total assets and 519 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #13,303 in Manufacturing (18,722 peers)

Where Outset Medical 401(k) Plan sits by assets

Outset Medical 401(k) Plan sits in the top quartile of all filed plans by assets, $30M for 519 participants (~$57,733/participant), up 55.9% in 2023.

#13,303
in Manufacturing (18,722 peers)
+55.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Outset Medical 401(k) Plan's outsized position by total assets

Outset Medical 401(k) Plan vs every filed plan by assets

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

$29,963,244 Top 21% higher than 79% 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

Outset Medical 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Outset Medical 401(k) Plan sits mid-pack in the medium band (519 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Outset Medical 401(k) Plan reported net income rose from $4M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Outset Medical 401(k) Plan end-of-year assets rose from $19M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Outset Medical 401(k) Plan reported participants rose from 445 in the plan year 2022 filing to 519 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 200514392 · Outset Medical, Inc. PY 2023 · 401(k)

Outset Medical 401(k) Plan · $30M · 519 · 79th

  • PHOTO $30M
  • PHOTO 519
  • PHOTO 79th
  • PHOTO 401(k)
  • PHOTO near Wheeling-Nippon Steel Defined Contribution Profit-Sharing Plan for Union Employees
  • PHOTO ind #13303

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 →

Outset Medical 401(k) Plan in the asset neighbourhood

Outset Medical 401(k) Plan$30MWheeling-Nippon Steel Defined Contribution Profit-Sharing Plan for Union EmployeesWheeling-Nippon Steel Define…$30MCrafton, Tull & Associates, Inc. 401(k) PlanCrafton, Tull & Associates, …$30MM. a. Mortenson Company Retirement Savings Plan and Trust for Trade EmployeesM. a. Mortenson Company Reti…$30MWebtpa Employer Services, LLC 401(k) Retirement Savings PlanWebtpa Employer Services, LL…$30M
End-of-year total assets ($M) among Outset Medical 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$30M
Net Income$11M
Employer EIN200514392
Plan Effective Date2012-07-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Outset Medical, Inc.)

Sponsor-wide plan assets over time

All Outset Medical, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$34M 75.5676223478042% vs 2022
2024 filing year
$15M$20M$25M$30M$35M$40M 202220232024 $19.2M $33.8M ▲ +75.6%
Year Plans Participants Total Assets
2022 1 445 $19M
2023 1 519 $30M
2024 1 482 $34M

Nearby 401(k) Plans in California

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

Outset Medical 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Outset Medical 401(k) Plan, Total assets ($B): 0.029963244 · Participants: 519Outset Medical 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
Outset Medical 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Outset Medical 401(k) Plan side-by-side with 3 peers →

Outset Medical 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Wheeling-Nippon Steel Defined Contribution Profit-Sharing Plan for Union Employees in WV ($30M); by covered participants it is Turnberry Hospitality Retirement Savings Plan in FL (519 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (519 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 Outset Medical 401(k) Plan assets move in 2023? ▼
Outset Medical 401(k) Plan surged - up 55.9% during 2023, from $19M to $30M. Reported net income was $11M.
How have Outset Medical, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Outset Medical, Inc.'s sponsor-wide assets grew 75.6%, from $19M to $34M.
Where does Outset Medical 401(k) Plan rank by assets among Form 5500 filers? ▼
Outset Medical 401(k) Plan ranks in the 79th 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 Outset Medical 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Wheeling-Nippon Steel Defined Contribution Profit-Sharing Plan for Union Employees in WV ($30M, 126 participants).
Which 401(k) plans cover a similar participant headcount to Outset Medical 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Turnberry Hospitality Retirement Savings Plan in FL (519 participants, $9M 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 200514392.

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.