401(k) · DOL Form 5500 · 2023

Infinera Corporation 401(k) Plan

Data updated 2026-08-11

$324M
Total assets
1,250
Participants
96th
Percentile by assets
$259,480
Avg per participant
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Official DOL plan name: Infinera 401(k) Plan · Sponsored by Infinera Corporation · California · Manufacturing

$324M in assets, 1,250 participants

Infinera Corporation's Infinera 401(k) Plan reported $324M in total assets and 1,250 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)
  • #17,632 in Manufacturing (18,722 peers)

Where Infinera 401(k) Plan sits by assets

Infinera 401(k) Plan sits in the top 5% of all filed plans by assets, $324M for 1,250 participants (~$259,480/participant), up 21.5% in 2023.

$324M
total plan assets (2023 EOY)
1,250
covered participants
96th
percentile by assets (of 127,072 plans)
$259,480
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Infinera 401(k) Plan reported net income rose from -$49M in the plan year 2022 filing to $57M in the plan year 2023 filing.
  • Infinera 401(k) Plan end-of-year assets rose from $267M in the plan year 2022 filing to $324M in the plan year 2023 filing.
  • Infinera 401(k) Plan reported participants rose from 1,183 in the plan year 2022 filing to 1,250 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Infinera 401(k) Plan vs the 2023 asset distribution

By assets, Infinera 401(k) Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$267M
Net Assets (End of Year)$324M
Net Income$57M
Employer EIN770560433
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Infinera Corporation)

$250M$300M$350M$400M 202220232024 $267M $360M ▲ +34.8%
Total plan assets by year, all Infinera Corporation plans on file
Year Plans Participants Total Assets
2022 1 1,183 $267M
2023 1 1,250 $324M
2024 1 1,273 $360M

Nearby 401(k) Plans in California

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

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

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

Frequently Asked Questions

How did Infinera 401(k) Plan assets move in 2023?
Infinera 401(k) Plan grew sharply - up 21.5% during 2023, from $267M to $324M. Reported net income was $57M.
How have Infinera Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Infinera Corporation's sponsor-wide assets grew 34.8%, from $267M to $360M.
Where does Infinera 401(k) Plan rank by assets among Form 5500 filers?
Infinera 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 Infinera 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Modern Technology Solutions, Inc. 401(k) Plan in VA ($324M, 1,659 participants).

Scale reading

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