401(k) · DOL Form 5500 · 2023

Chegg, Inc 401(k) Plan

Data updated 2026-08-25

$117M
Total assets Near avg plan size
781
Participants Near avg headcount
92nd
Percentile by assets National rank
$150,097
Avg per participant Above avg balance/head
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Official DOL plan name: Chegg 401(k) Savings Plan · Sponsored by Chegg, Inc · California · Educational Services

$117M in assets, 781 participants

Chegg, Inc's Chegg 401(k) Savings Plan reported $117M in total assets and 781 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.

  • #3,237 in Educational Services (3,735 peers)

Where Chegg 401(k) Savings Plan sits by assets

Chegg 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $117M for 781 participants (~$150,097/participant), up 31.5% in 2023.

#3,237
in Educational Services (3,735 peers)
+31.5%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Chegg 401(k) Savings Plan's outsized position by total assets

Chegg 401(k) Savings Plan vs every filed plan by assets

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

$117,225,993 Top 8% higher than 92% 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

Chegg 401(k) Savings 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. Chegg 401(k) Savings Plan sits mid-pack in the medium band (781 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Chegg 401(k) Savings Plan reported net income rose from -$4M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Chegg 401(k) Savings Plan end-of-year assets rose from $89M in the plan year 2022 filing to $117M in the plan year 2023 filing.
  • Chegg 401(k) Savings Plan reported participants rose from 721 in the plan year 2022 filing to 781 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 203237489 · Chegg, Inc PY 2023 · 401(k)

Chegg 401(k) Savings Plan · $117M · 781 · 92nd

  • RANK $117M
  • PHOTO 781
  • IND 92nd
  • EOY 401(k)
  • 5500 near Ajinomoto Health & Nutrition North America, Inc. 401(k) Plan
  • ASSETS ind #3237

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 Educational Services retirement plans → · Plans in California →

Chegg 401(k) Savings Plan in the asset neighbourhood

Neptune Technology Group Inc Retirement Savings & Investment PlanNeptune Technology Group Inc…$117MStella-Jones Corporation Retirement PlanStella-Jones Corporation Ret…$117MChegg 401(k) Savings Plan$117MAjinomoto Health & Nutrition North America, Inc. 401(k) PlanAjinomoto Health & Nutrition…$117MAnesthesiology Consultants Exchange, P.C. Profit Sharing PlanAnesthesiology Consultants E…$117M
End-of-year total assets ($M) among Chegg 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$89M
Net Assets (End of Year)$117M
Net Income$28M
Employer EIN203237489
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Chegg, Inc)

Sponsor-wide plan assets over time

All Chegg, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$138M 55.112299285048906% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $89.2M $138M ▲ +55.1%
Year Plans Participants Total Assets
2022 1 721 $89M
2023 1 781 $117M
2024 1 729 $138M

Nearby 401(k) Plans in California

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

Chegg 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Chegg 401(k) Savings Plan, Total assets ($B): 0.117225993 · Participants: 781Chegg 401(k) Savings 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
Chegg 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Chegg 401(k) Savings Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Ajinomoto Health & Nutrition North America, Inc. 401(k) Plan in NC ($117M); by covered participants it is Rts Holdings, LLC 401(k) Retirement Plan in MA (781 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (781 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 Chegg 401(k) Savings Plan assets move in 2023? ▼
Chegg 401(k) Savings Plan surged - up 31.5% during 2023, from $89M to $117M. Reported net income was $28M.
How have Chegg, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Chegg, Inc's sponsor-wide assets grew 55.1%, from $89M to $138M.
Where does Chegg 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Chegg 401(k) Savings 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 Chegg 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ajinomoto Health & Nutrition North America, Inc. 401(k) Plan in NC ($117M, 739 participants).
Which 401(k) plans cover a similar participant headcount to Chegg 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rts Holdings, LLC 401(k) Retirement Plan in MA (781 participants, $15M 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 203237489.

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.