401(k) · DOL Form 5500 · 2023
Amgen Inc. 401(k) Plan
Data updated 2026-08-06
- $6.9B
- Total assets
- 12,714
- Participants
- 100th
- Percentile by assets
- $542,821
- Avg per participant
Official DOL plan name: Amgen Retirement and Savings Plan · Sponsored by Amgen Inc. · California · Manufacturing
$6.9B in assets, 12,714 participants
Amgen Inc.'s Amgen Retirement and Savings Plan reported $6.9B in total assets and 12,714 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 126,618 plans)
- #18,589 in Manufacturing (18,672 peers)
Coverage in California
Amgen Retirement and Savings Plan covers 12,714 participants in California, 20x the typical California plan (state average ~637 per filing). Assets: $6.9B.
- $6.9B
- total plan assets (2023 EOY)
- 12,714
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $542,821
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Amgen Retirement and Savings Plan reported net income rose from -$1.2B in the plan year 2022 filing to $897M in the plan year 2023 filing.
- Amgen Retirement and Savings Plan end-of-year assets rose from $6.0B in the plan year 2022 filing to $6.9B in the plan year 2023 filing.
- Amgen Retirement and Savings Plan reported participants rose from 11,445 in the plan year 2022 filing to 12,714 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 637 participants across 14,392 plans. Amgen Retirement and Savings Plan reports 12,714 participants - 20x that state average ($6.9B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $6.0B |
|---|---|
| Net Assets (End of Year) | $6.9B |
| Net Income | $897M |
| Employer EIN | 953540776 |
| Plan Effective Date | 1985-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Amgen Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 11,445 | $6.0B |
| 2023 | 1 | 12,714 | $6.9B |
| 2024 | 1 | 12,355 | $7.7B |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Amgen Retirement and Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
- Wells Fargo & Company 401(k) Plan $51.8B · 193,919
- Google LLC 401(k) Savings Plan $39.0B · 122,867
- Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
- Intel 401(k) Savings Plan $22.2B · 59,863
- Apple 401(k) Plan $19.8B · 106,111
Scale composition for Amgen Retirement and Savings Plan
Amgen Retirement and Savings Plan reports $6.9B in end-of-year assets across 12,714 participants (0.059% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.014% of 89,805,449 covered participants) - about $542,821 per participant (4.0x the national average assets-per-participant) . Net income for plan year 2023 was $897M.
This plan identity (EIN 953540776, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.0B to $7.7B (+28.6%) while covered participants moved from 11,445 to 12,355 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 11,445 | $6.0B | Open filing |
| 2023 | 12,714 | $6.9B | This page |
| 2024 · index core | 12,355 | $7.7B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Amgen Retirement and Savings Plan (401(k), $7.7B, 12,355 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Amgen Retirement and Savings Plan by total assets, not by location.
- Retirement Savings Plan (DE) $6.8B · 9,968
- Massachusetts Institute of Technology Supplemental 401(k) Plan (MA) $6.8B · 14,094
- Nestle 401(k) Savings Plan (OH) $6.8B · 31,854
- Schlumberger Technology Corporation Savings and Profit Sharing Plan (TX) $6.8B · 16,701
Frequently Asked Questions
How did Amgen Retirement and Savings Plan assets move in 2023? ▼
How have Amgen Inc. plan assets changed over time? ▼
Where does Amgen Retirement and Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Amgen Retirement and Savings Plan? ▼
Next read for Amgen Retirement and Savings Plan
Filing takeaways
Ways to act on Amgen Retirement and Savings Plan's numbers.
- By total assets, Amgen Retirement and Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Amgen Inc.'s sponsor-wide assets have grown 28.6% since 2022 across 3 plan years on file. More Manufacturing plans