401(k) · DOL Form 5500 · 2023
Varian Medical Systems, Inc. 401(k) Plan
Data updated 2026-08-25
- $1.4B
- Total assets Very large vs avg
- 3,735
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $372,423
- Avg per participant High balance/head
Official DOL plan name: Varian Medical Systems, Inc. Retirement Plan · Sponsored by Varian Medical Systems, Inc. · California · Manufacturing
$1.4B in assets, 3,735 participants
Varian Medical Systems, Inc.'s Varian Medical Systems, Inc. Retirement Plan reported $1.4B in total assets and 3,735 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #18,372 in Manufacturing (18,722 peers)
Coverage in California
Varian Medical Systems, Inc. Retirement Plan covers 3,735 participants in California, 5.9x the typical California plan (state average ~630 per filing). Assets: $1.4B.
- #18,372
- in Manufacturing (18,722 peers)
- +19.0%
- assets growth YoY
- 14×
- vs typical plan assets (national mean)
Varian Medical Systems, Inc. Retirement Plan's outsized position by total assets
Varian Medical Systems, Inc. Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,390,998,248 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Varian Medical Systems, Inc. Retirement 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. Varian Medical Systems, Inc. Retirement Plan lands in the large band (3,735 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Varian Medical Systems, Inc. Retirement Plan reported net income rose from -$325M in the plan year 2022 filing to $222M in the plan year 2023 filing.
- Varian Medical Systems, Inc. Retirement Plan end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.4B in the plan year 2023 filing.
- Varian Medical Systems, Inc. Retirement Plan reported participants rose from 3,468 in the plan year 2022 filing to 3,735 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 942359345 · Varian Medical Systems, Inc. PY 2023 · 401(k)
Varian Medical Systems, Inc. Retirement Plan · $1.4B · 3,735 · 99th
- IND $1.4B
- EOY 3,735
- 5500 99th
- ASSETS 401(k)
- PCT near Meijer 401(k) Retirement Plan I
- EIN ind #18372
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 California →
Varian Medical Systems, Inc. Retirement Plan in the asset neighbourhood
California filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $1.4B |
| Net Income | $222M |
| Employer EIN | 942359345 |
| Plan Effective Date | 1955-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Varian Medical Systems, Inc.)
Sponsor-wide plan assets over time
All Varian Medical Systems, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- N/A
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,468 | $1.2B |
| 2023 | 1 | 3,735 | $1.4B |
| 2024 | 1 | 3,851 | N/A |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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
Varian Medical Systems, Inc. Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside California, the nearest 401(k) by assets is Meijer 401(k) Retirement Plan I in MI ($1.4B); by covered participants it is Usts 401(k) Plan in NJ (3,736 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.4B here).
- Meijer 401(k) Retirement Plan I (MI) $1.4B · 31,708
- Mclane Company, Inc. Profit Sharing Plan (TX) $1.4B · 23,152
- Simplot Retirement Savings Plan (ID) $1.4B · 8,746
- Avaya Inc. Savings Plan for Salaried Employees (NJ) $1.4B · 1,745
Similar participant headcount
Nearest other-state filings by covered participants (3,735 participants); asset peers above are excluded.
- Usts 401(k) Plan (NJ) 3,736 · 1 off
- Cpc Logistics, Inc. Employees 401(k) Retirement Plan (MO) 3,734 · 1 off
- Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan (AL) 3,738 · 3 off
- Komatsu Mining Corp. Retirement Savings Plan (WI) 3,738 · 3 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.