401(k) · DOL Form 5500 · 2023

Snowflake Inc. 401(k) Plan

Data updated 2026-08-25

$347M
Total assets Above avg plan size
3,566
Participants Above avg headcount
97th
Percentile by assets National rank
$97,413
Avg per participant Below avg balance/head
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Official DOL plan name: Snowflake Inc. 401(k) Plan · Sponsored by Snowflake Inc. · California · Information & Media

$347M in assets, 3,566 participants

Snowflake Inc.'s Snowflake Inc. 401(k) Plan reported $347M in total assets and 3,566 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #2,655 in Information & Media (2,818 peers)

Coverage in California

Snowflake Inc. 401(k) Plan covers 3,566 participants in California, 5.7x the typical California plan (state average ~630 per filing). Assets: $347M.

#2,655
in Information & Media (2,818 peers)
+69.6%
assets growth YoY
3.5×
vs typical plan assets (national mean)

Snowflake Inc. 401(k) Plan's outsized position by total assets

Snowflake Inc. 401(k) Plan vs every filed plan by assets

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

$347,373,687 Top 3% higher than 97% 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

Snowflake Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Snowflake Inc. 401(k) Plan lands in the large band (3,566 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Snowflake Inc. 401(k) Plan reported net income rose from $35M in the plan year 2022 filing to $141M in the plan year 2023 filing.
  • Snowflake Inc. 401(k) Plan end-of-year assets rose from $205M in the plan year 2022 filing to $347M in the plan year 2023 filing.
  • Snowflake Inc. 401(k) Plan reported participants rose from 2,529 in the plan year 2022 filing to 3,566 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 460636374 · Snowflake Inc. PY 2023 · 401(k)

Snowflake Inc. 401(k) Plan · $347M · 3,566 · 97th

  • BOY $347M
  • SCH 3,566
  • EBSA 97th
  • PART 401(k)
  • TYPE near Standard Chartered Bank Employees Capital Accumulation Plan
  • NET ind #2655

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 Information & Media retirement plans → · Plans in California →

Snowflake Inc. 401(k) Plan in the asset neighbourhood

Ati Retirement Plan$348MNovolex Holdings, LLC 401(k) PlanNovolex Holdings, LLC 401(k)…$348MBayada Home Health Care 401(k) PlanBayada Home Health Care 401(…$348MSnowflake Inc. 401(k) Plan$347MStandard Chartered Bank Employees Capital Accumulation PlanStandard Chartered Bank Empl…$347M
End-of-year total assets ($M) among Snowflake Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$205M
Net Assets (End of Year)$347M
Net Income$141M
Employer EIN460636374
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Snowflake Inc.)

Sponsor-wide plan assets over time

All Snowflake Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$529M 158.43967017568048% vs 2022
2024 filing year
$100M$200M$300M$400M$500M$600M 202220232024 $205M $529M ▲ +158.4%
Year Plans Participants Total Assets
2022 1 2,529 $205M
2023 1 3,566 $347M
2024 1 4,125 $529M

Nearby 401(k) Plans in California

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

Snowflake Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Snowflake Inc. 401(k) Plan, Total assets ($B): 0.347373687 · Participants: 3566Snowflake Inc. 401(k) 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
Snowflake Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Snowflake Inc. 401(k) Plan side-by-side with 3 peers →

Snowflake Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Standard Chartered Bank Employees Capital Accumulation Plan in NJ ($347M); by covered participants it is Acadian Ambulance Service, Inc. Profit Sharing 401(k) Plan in LA (3,566 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($347M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,566 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 Snowflake Inc. 401(k) Plan assets move in 2023? ▼
Snowflake Inc. 401(k) Plan surged - up 69.6% during 2023, from $205M to $347M. Reported net income was $141M.
How have Snowflake Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Snowflake Inc.'s sponsor-wide assets grew 158.4%, from $205M to $529M.
Where does Snowflake Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Snowflake Inc. 401(k) Plan ranks in the 97th 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 Snowflake Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Standard Chartered Bank Employees Capital Accumulation Plan in NJ ($347M, 1,103 participants).
Which 401(k) plans cover a similar participant headcount to Snowflake Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Acadian Ambulance Service, Inc. Profit Sharing 401(k) Plan in LA (3,566 participants, $167M 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 460636374.

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.