401(k) · DOL Form 5500 · 2023

Sanmina Corporation 401(k) Plan

Data updated 2026-08-11

$538M
Total assets
4,522
Participants
98th
Percentile by assets
$118,988
Avg per participant
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Official DOL plan name: Sanmina Corporation 401(k) Plan · Sponsored by Sanmina Corporation · California · Manufacturing

$538M in assets, 4,522 participants

Sanmina Corporation's Sanmina Corporation 401(k) Plan reported $538M in total assets and 4,522 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #17,980 in Manufacturing (18,722 peers)

Coverage in California

Sanmina Corporation 401(k) Plan covers 4,522 participants in California, 7.2x the typical California plan (state average ~630 per filing). Assets: $538M.

$538M
total plan assets (2023 EOY)
4,522
covered participants
98th
percentile by assets (of 127,072 plans)
$118,988
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sanmina Corporation 401(k) Plan reported net income rose from -$111M in the plan year 2022 filing to $62M in the plan year 2023 filing.
  • Sanmina Corporation 401(k) Plan reported participants fell from 5,556 in the plan year 2022 filing to 4,522 in the plan year 2023 filing.
  • Sanmina Corporation 401(k) Plan end-of-year assets rose from $476M in the plan year 2022 filing to $538M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Sanmina Corporation 401(k) Plan reports 4,522 participants - 7.2x that state average ($538M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$476M
Net Assets (End of Year)$538M
Net Income$62M
Employer EIN770228183
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sanmina Corporation)

$450M$500M$550M$600M$650M 202220232024 $476M $590M ▲ +23.9%
Total plan assets by year, all Sanmina Corporation plans on file
Year Plans Participants Total Assets
2022 2 5,556 $476M
2023 1 4,522 $538M
2024 1 4,413 $590M

Nearby 401(k) Plans in California

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

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

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

Frequently Asked Questions

How did Sanmina Corporation 401(k) Plan assets move in 2023?
Sanmina Corporation 401(k) Plan grew at a solid clip - up 13.0% during 2023, from $476M to $538M. Reported net income was $62M.
How have Sanmina Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Sanmina Corporation's sponsor-wide assets grew 23.9%, from $476M to $590M.
Where does Sanmina Corporation 401(k) Plan rank by assets among Form 5500 filers?
Sanmina Corporation 401(k) Plan ranks in the 98th 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 Sanmina Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is New Century Energies, Inc. Employees' Savings and Stock Ownership Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employee in MN ($538M, 1,933 participants).

Next read for Sanmina Corporation 401(k) Plan

Filing takeaways

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