401(k) · DOL Form 5500 · 2023

Salesforce, Inc. 401(k) Plan

Data updated 2026-08-06

$7.3B
Total assets
41,578
Participants
100th
Percentile by assets
$175,994
Avg per participant
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Official DOL plan name: Salesforce 401(k) Plan · Sponsored by Salesforce, Inc. · California · Information & Media

$7.3B in assets, 41,578 participants

Salesforce, Inc.'s Salesforce 401(k) Plan reported $7.3B in total assets and 41,578 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)
  • #2,797 in Information & Media (2,812 peers)

Coverage in California

Salesforce 401(k) Plan covers 41,578 participants in California, 65x the typical California plan (state average ~637 per filing). Assets: $7.3B.

$7.3B
total plan assets (2023 EOY)
41,578
covered participants
100th
percentile by assets (of 126,618 plans)
$175,994
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Salesforce 401(k) Plan reported net income rose from -$393M in the plan year 2022 filing to $1.6B in the plan year 2023 filing.
  • Salesforce 401(k) Plan end-of-year assets rose from $5.7B in the plan year 2022 filing to $7.3B in the plan year 2023 filing.
  • Salesforce 401(k) Plan reported participants rose from 39,662 in the plan year 2022 filing to 41,578 in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Salesforce 401(k) Plan reports 41,578 participants - 65x that state average ($7.3B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$5.7B
Net Assets (End of Year)$7.3B
Net Income$1.6B
Employer EIN943320693
Plan Effective Date2000-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Salesforce, Inc.)

$4B$6B$8B$10B 202220232024 $5.7B $9.07B ▲ +59.1%
Total plan assets by year, all Salesforce, Inc. plans on file
Year Plans Participants Total Assets
2022 1 39,662 $5.7B
2023 1 41,578 $7.3B
2024 1 36,689 $9.1B

Nearby 401(k) Plans in California

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

Salesforce 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Salesforce 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 0102030405060 Total assets ($B) Participants Salesforce 401(k) PlanWells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Salesforce 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Salesforce 401(k) Plan

Salesforce 401(k) Plan reports $7.3B in end-of-year assets across 41,578 participants (0.063% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.046% of 89,805,449 covered participants) - about $175,994 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2023 was $1.6B.

This plan identity (EIN 943320693, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $5.7B to $9.1B (+59.3%) while covered participants moved from 39,662 to 36,689 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 39,662 $5.7B Open filing
2023 41,578 $7.3B This page
2024 · index core 36,689 $9.1B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Salesforce 401(k) Plan assets move in 2023?
Salesforce 401(k) Plan grew sharply - up 28.4% during 2023, from $5.7B to $7.3B. Reported net income was $1.6B.
How have Salesforce, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Salesforce, Inc.'s sponsor-wide assets grew 59.3%, from $5.7B to $9.1B.
Where does Salesforce 401(k) Plan rank by assets among Form 5500 filers?
Salesforce 401(k) Plan ranks in the 100th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Salesforce 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Eaton Savings Plan in OH ($7.3B, 22,975 participants).

Filing takeaways

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