401(k) · DOL Form 5500 · 2023

Inspire Medical Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
730
Participants Near avg headcount
87th
Percentile by assets National rank
$76,310
Avg per participant Below avg balance/head
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Official DOL plan name: Inspire Medical Systems, Inc. 401(k) Plan · Sponsored by Inspire Medical Systems, Inc. · Minnesota · Manufacturing

$56M in assets, 730 participants

Inspire Medical Systems, Inc.'s Inspire Medical Systems, Inc. 401(k) Plan reported $56M in total assets and 730 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #15,080 in Manufacturing (18,722 peers)

Where Inspire Medical Systems, Inc. 401(k) Plan sits by assets

Inspire Medical Systems, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $56M for 730 participants (~$76,310/participant), up 91.5% in 2023.

#15,080
in Manufacturing (18,722 peers)
+91.5%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Inspire Medical Systems, Inc. 401(k) Plan's outsized position by total assets

Inspire Medical Systems, Inc. 401(k) Plan vs every filed plan by assets

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

$55,706,010 Top 13% higher than 87% 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

Inspire Medical Systems, Inc. 401(k) 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. Inspire Medical Systems, Inc. 401(k) Plan sits mid-pack in the medium band (730 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Inspire Medical Systems, Inc. 401(k) Plan reported net income rose from $6M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Inspire Medical Systems, Inc. 401(k) Plan end-of-year assets rose from $29M in the plan year 2022 filing to $56M in the plan year 2023 filing.
  • Inspire Medical Systems, Inc. 401(k) Plan reported participants rose from 461 in the plan year 2022 filing to 730 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 261377674 · Inspire Medical Systems, Inc. PY 2023 · 401(k)

Inspire Medical Systems, Inc. 401(k) Plan · $56M · 730 · 87th

  • PHOTO $56M
  • IND 730
  • EOY 87th
  • 5500 401(k)
  • ASSETS near Nextran Truck Centers 401(k) Plan
  • PCT ind #15080

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 Manufacturing retirement plans → · Plans in Minnesota →

Inspire Medical Systems, Inc. 401(k) Plan in the asset neighbourhood

Tri-West, Ltd. 401(k)/Profit Sharing PlanTri-West, Ltd. 401(k)/Profit…$56MInspire Medical Systems, Inc. 401(k) PlanInspire Medical Systems, Inc…$56MNextran Truck Centers 401(k) PlanNextran Truck Centers 401(k)…$56MSnow, Christensen, & Martineau 401(k) Profit Sharing PlanSnow, Christensen, & Martine…$56MDouble H Plastics, Inc. 401(k) Profit Sharing PlanDouble H Plastics, Inc. 401(…$56M
End-of-year total assets ($M) among Inspire Medical Systems, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$56M
Net Income$27M
Employer EIN261377674
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Inspire Medical Systems, Inc.)

Sponsor-wide plan assets over time

All Inspire Medical Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$86M 195.0756750001676% vs 2022
2024 filing year
$20M$40M$60M$80M$100M 202220232024 $29.1M $85.8M ▲ +195.0%
Year Plans Participants Total Assets
2022 1 461 $29M
2023 1 730 $56M
2024 1 980 $86M

Nearby 401(k) Plans in Minnesota

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

Inspire Medical Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Inspire Medical Systems, Inc. 401(k) Plan, Total assets ($B): 0.05570601 · Participants: 730Inspire Medical Systems, Inc. 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Inspire Medical Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Inspire Medical Systems, Inc. 401(k) Plan side-by-side with 3 peers →

Inspire Medical Systems, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Nextran Truck Centers 401(k) Plan in FL ($56M); by covered participants it is Kinze Manufacturing, Inc. 401(k) Profit Sharing Plan in IA (730 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (730 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 Inspire Medical Systems, Inc. 401(k) Plan assets move in 2023? ▼
Inspire Medical Systems, Inc. 401(k) Plan surged - up 91.5% during 2023, from $29M to $56M. Reported net income was $27M.
How have Inspire Medical Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Inspire Medical Systems, Inc.'s sponsor-wide assets grew 195.1%, from $29M to $86M.
Where does Inspire Medical Systems, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Inspire Medical Systems, Inc. 401(k) Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Inspire Medical Systems, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nextran Truck Centers 401(k) Plan in FL ($56M, 1,705 participants).
Which 401(k) plans cover a similar participant headcount to Inspire Medical Systems, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kinze Manufacturing, Inc. 401(k) Profit Sharing Plan in IA (730 participants, $84M 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 261377674.

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.