401(k) · DOL Form 5500 · 2023

Chegg, Inc 401(k) Plan

Data updated 2026-08-11

$117M
Total assets
781
Participants
92nd
Percentile by assets
$150,097
Avg per participant
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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.

  • 92nd percentile by assets (of 127,072 plans)
  • #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.

$117M
total plan assets (2023 EOY)
781
covered participants
92nd
percentile by assets (of 127,072 plans)
$150,097
avg assets per participant

Where Chegg 401(k) Savings Plan sits 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 $2,010,000,000 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

  • 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 →

State
California
Industry
Educational Services

Chegg 401(k) Savings Plan vs the 2023 asset distribution

By assets, Chegg 401(k) Savings Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).

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)

$80M$100M$120M$140M$160M 202220232024 $89.2M $138M ▲ +55.1%
Total plan assets by year, all Chegg, Inc plans on file
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 ($B) Participants Chegg 401(k) Savings…, Total assets ($B): 0.117225993 · Participants: 781Chegg 401(k) Savings…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
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 →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Chegg 401(k) Savings Plan by total assets, not by location.

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).

Next read for Chegg 401(k) Savings Plan

Scale reading

Ways to act on Chegg 401(k) Savings 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 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.