401(k) · DOL Form 5500 · 2023

Nevro Corp. 401(k) Plan

Data updated 2026-08-11

$117M
Total assets
871
Participants
92nd
Percentile by assets
$134,547
Avg per participant
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Official DOL plan name: Nevro Corporation 401(k) Plan · Sponsored by Nevro Corp. · California · Manufacturing

$117M in assets, 871 participants

Nevro Corp.'s Nevro Corporation 401(k) Plan reported $117M in total assets and 871 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 127,072 plans)
  • #16,505 in Manufacturing (18,722 peers)

Where Nevro Corporation 401(k) Plan sits by assets

Nevro Corporation 401(k) Plan sits in the top 10% of all filed plans by assets, $117M for 871 participants (~$134,547/participant), up 30.3% in 2023.

$117M
total plan assets (2023 EOY)
871
covered participants
92nd
percentile by assets (of 127,072 plans)
$134,547
avg assets per participant

Where Nevro Corporation 401(k) Plan sits by total assets

Nevro Corporation 401(k) Plan vs every filed plan by assets

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

$117,190,147 Top 8% higher than 92% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nevro Corporation 401(k) Plan reported net income rose from -$9M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Nevro Corporation 401(k) Plan end-of-year assets rose from $90M in the plan year 2022 filing to $117M in the plan year 2023 filing.
  • Nevro Corporation 401(k) Plan reported participants rose from 809 in the plan year 2022 filing to 871 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
California
Industry
Manufacturing

Nevro Corporation 401(k) Plan vs the 2023 asset distribution

By assets, Nevro Corporation 401(k) Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$90M
Net Assets (End of Year)$117M
Net Income$27M
Employer EIN562568057
Plan Effective Date2007-01-18
Filing StatusFILING RECEIVED

Sponsor Plan History (Nevro Corp.)

$80M$100M$120M$140M 202220232024 $89.9M $133M ▲ +48.0%
Total plan assets by year, all Nevro Corp. plans on file
Year Plans Participants Total Assets
2022 1 809 $90M
2023 1 871 $117M
2024 1 916 $133M

Nearby 401(k) Plans in California

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

Nevro Corporation 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Nevro Corporation 40…, Total assets ($B): 0.117190147 · Participants: 871Nevro Corporation 40…Wells Fargo & Compan…, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Compan…Google LLC 401(k) Sa…, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Sa…Oracle Corporation 4…, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 4…Intel 401(k) Savings…, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings…Apple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Nevro Corporation 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Nevro Corporation 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nevro Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Nevro Corporation 401(k) Plan assets move in 2023? ▼
Nevro Corporation 401(k) Plan surged - up 30.3% during 2023, from $90M to $117M. Reported net income was $27M.
How have Nevro Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nevro Corp.'s sponsor-wide assets grew 48.0%, from $90M to $133M.
Where does Nevro Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Nevro Corporation 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Nevro Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Anesthesiology Consultants Exchange, P.C. Profit Sharing Plan in TN ($117M, 171 participants).

Next read for Nevro Corporation 401(k) Plan

Scale reading

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

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 562568057.

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.