401(k) · DOL Form 5500 · 2023

Model N, Inc 401(k) Plan

Data updated 2026-08-11

$109M
Total assets
519
Participants
92nd
Percentile by assets
$210,431
Avg per participant
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Official DOL plan name: Model N, Inc. 401(k) Plan · Sponsored by Model N, Inc · California · Information & Media

$109M in assets, 519 participants

Model N, Inc's Model N, Inc. 401(k) Plan reported $109M in total assets and 519 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 127,072 plans)
  • #2,478 in Information & Media (2,818 peers)

Where Model N, Inc. 401(k) Plan sits by assets

Model N, Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $109M for 519 participants (~$210,431/participant), up 26.4% in 2023.

$109M
total plan assets (2023 EOY)
519
covered participants
92nd
percentile by assets (of 127,072 plans)
$210,431
avg assets per participant

Where Model N, Inc. 401(k) Plan sits by total assets

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

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

$109,213,931 Top 8% higher than 92% 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

  • Model N, Inc. 401(k) Plan reported net income rose from -$10M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Model N, Inc. 401(k) Plan end-of-year assets rose from $86M in the plan year 2022 filing to $109M in the plan year 2023 filing.
  • Model N, Inc. 401(k) Plan reported participants fell from 544 in the plan year 2022 filing to 519 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
California
Industry
Information & Media

Model N, Inc. 401(k) Plan vs the 2023 asset distribution

By assets, Model N, Inc. 401(k) Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$86M
Net Assets (End of Year)$109M
Net Income$23M
Employer EIN770528806
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Model N, Inc)

$80M$100M$120M$140M 202220232024 $86.4M $128M ▲ +48.5%
Total plan assets by year, all Model N, Inc plans on file
Year Plans Participants Total Assets
2022 1 544 $86M
2023 1 519 $109M
2024 1 514 $128M

Nearby 401(k) Plans in California

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

Model N, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Model N, Inc. 401(k)…, Total assets ($B): 0.109213931 · Participants: 519Model N, Inc. 401(k)…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
Model N, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Model N, Inc. 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Model N, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Model N, Inc. 401(k) Plan assets move in 2023? ▼
Model N, Inc. 401(k) Plan grew sharply - up 26.4% during 2023, from $86M to $109M. Reported net income was $23M.
How have Model N, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Model N, Inc's sponsor-wide assets grew 48.5%, from $86M to $128M.
Where does Model N, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Model N, Inc. 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Model N, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is University Federal Credit Union 401(k) Profit Sharing Plan in TX ($109M, 807 participants).

Next read for Model N, Inc. 401(k) Plan

Scale reading

Ways to act on Model N, Inc. 401(k) Plan's numbers.

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 770528806.

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.