401(k) · DOL Form 5500 · 2023

Synopsys, Inc. 401(k) Plan

Data updated 2026-08-06

$2.4B
Total assets
4,934
Participants
99th
Percentile by assets
$477,376
Avg per participant
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Official DOL plan name: Synopsys 401(k) Plan · Sponsored by Synopsys, Inc. · California · Professional & Technical Services

$2.4B in assets, 4,934 participants

Synopsys, Inc.'s Synopsys 401(k) Plan reported $2.4B in total assets and 4,934 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 126,618 plans)
  • #20,208 in Professional & Technical Services (20,271 peers)

Coverage in California

Synopsys 401(k) Plan covers 4,934 participants in California, 7.8x the typical California plan (state average ~637 per filing). Assets: $2.4B.

$2.4B
total plan assets (2023 EOY)
4,934
covered participants
99th
percentile by assets (of 126,618 plans)
$477,376
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Synopsys 401(k) Plan reported net income rose from -$441M in the plan year 2022 filing to $412M in the plan year 2023 filing.
  • Synopsys 401(k) Plan end-of-year assets rose from $1.9B in the plan year 2022 filing to $2.4B in the plan year 2023 filing.
  • Synopsys 401(k) Plan reported participants rose from 4,384 in the plan year 2022 filing to 4,934 in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Synopsys 401(k) Plan reports 4,934 participants - 7.8x that state average ($2.4B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$1.9B
Net Assets (End of Year)$2.4B
Net Income$412M
Employer EIN561546236
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Synopsys, Inc.)

$1.5B$2B$2.5B$3B 202220232024 $1.94B $2.74B ▲ +41.2%
Total plan assets by year, all Synopsys, Inc. plans on file
Year Plans Participants Total Assets
2022 1 4,384 $1.9B
2023 1 4,934 $2.4B
2024 1 4,817 $2.7B

Nearby 401(k) Plans in California

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

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

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

Frequently Asked Questions

How did Synopsys 401(k) Plan assets move in 2023?
Synopsys 401(k) Plan grew sharply - up 21.3% during 2023, from $1.9B to $2.4B. Reported net income was $412M.
How have Synopsys, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Synopsys, Inc.'s sponsor-wide assets grew 41.1%, from $1.9B to $2.7B.
Where does Synopsys 401(k) Plan rank by assets among Form 5500 filers?
Synopsys 401(k) Plan ranks in the 99th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Synopsys 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Daimler Truck North America, L.L.C. Employee Retirement Savings Plan in OR ($2.4B, 8,353 participants).

Filing takeaways

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