401(k) · DOL Form 5500 · 2023

Ionis Pharmaceuticals, Inc. 401(k) Plan

Data updated 2026-08-11

$255M
Total assets
760
Participants
96th
Percentile by assets
$335,278
Avg per participant
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Official DOL plan name: Ionis Pharmaceuticals 401(k) Plan · Sponsored by Ionis Pharmaceuticals, Inc. · California · Professional & Technical Services

$255M in assets, 760 participants

Ionis Pharmaceuticals, Inc.'s Ionis Pharmaceuticals 401(k) Plan reported $255M in total assets and 760 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #19,661 in Professional & Technical Services (20,321 peers)

Where Ionis Pharmaceuticals 401(k) Plan sits by assets

Ionis Pharmaceuticals 401(k) Plan sits in the top 5% of all filed plans by assets, $255M for 760 participants (~$335,278/participant), up 30.6% in 2023.

$255M
total plan assets (2023 EOY)
760
covered participants
96th
percentile by assets (of 127,072 plans)
$335,278
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ionis Pharmaceuticals 401(k) Plan reported net income rose from -$39M in the plan year 2022 filing to $60M in the plan year 2023 filing.
  • Ionis Pharmaceuticals 401(k) Plan end-of-year assets rose from $195M in the plan year 2022 filing to $255M in the plan year 2023 filing.
  • Ionis Pharmaceuticals 401(k) Plan reported participants rose from 609 in the plan year 2022 filing to 760 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Ionis Pharmaceuticals 401(k) Plan vs the 2023 asset distribution

By assets, Ionis Pharmaceuticals 401(k) Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$195M
Net Assets (End of Year)$255M
Net Income$60M
Employer EIN330336973
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ionis Pharmaceuticals, Inc.)

$150M$200M$250M$300M$350M 202220232024 $195M $316M ▲ +62.0%
Total plan assets by year, all Ionis Pharmaceuticals, Inc. plans on file
Year Plans Participants Total Assets
2022 1 609 $195M
2023 1 760 $255M
2024 1 897 $316M

Nearby 401(k) Plans in California

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

Ionis Pharmaceuticals 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Ionis Pharmaceuticals 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 Ionis Pharmaceutical…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Ionis Pharmaceuticals 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 Ionis Pharmaceuticals 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Ionis Pharmaceuticals 401(k) Plan assets move in 2023?
Ionis Pharmaceuticals 401(k) Plan surged - up 30.6% during 2023, from $195M to $255M. Reported net income was $60M.
How have Ionis Pharmaceuticals, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ionis Pharmaceuticals, Inc.'s sponsor-wide assets grew 62.0%, from $195M to $316M.
Where does Ionis Pharmaceuticals 401(k) Plan rank by assets among Form 5500 filers?
Ionis Pharmaceuticals 401(k) Plan ranks in the 96th 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 Ionis Pharmaceuticals 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Software Ag USA, Inc. Profit Sharing Plan in VA ($255M, 587 participants).

Scale reading

Ways to act on Ionis Pharmaceuticals 401(k) Plan's numbers.