401(k) · DOL Form 5500 · 2023

Onto Innovation, Inc. 401(k) Plan

Data updated 2026-08-11

$231M
Total assets
964
Participants
95th
Percentile by assets
$239,452
Avg per participant
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Official DOL plan name: Onto Innovation, Inc. 401(k) Savings Plan · Sponsored by Onto Innovation, Inc. · New Jersey · Manufacturing

$231M in assets, 964 participants

Onto Innovation, Inc.'s Onto Innovation, Inc. 401(k) Savings Plan reported $231M in total assets and 964 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #17,330 in Manufacturing (18,722 peers)

Where Onto Innovation, Inc. 401(k) Savings Plan sits by assets

Onto Innovation, Inc. 401(k) Savings Plan sits in the top 5% of all filed plans by assets, $231M for 964 participants (~$239,452/participant), up 21.0% in 2023.

$231M
total plan assets (2023 EOY)
964
covered participants
95th
percentile by assets (of 127,072 plans)
$239,452
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Onto Innovation, Inc. 401(k) Savings Plan reported net income rose from -$32M in the plan year 2022 filing to $40M in the plan year 2023 filing.
  • Onto Innovation, Inc. 401(k) Savings Plan end-of-year assets rose from $191M in the plan year 2022 filing to $231M in the plan year 2023 filing.
  • Onto Innovation, Inc. 401(k) Savings Plan reported participants rose from 858 in the plan year 2022 filing to 964 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Onto Innovation, Inc. 401(k) Savings Plan vs the 2023 asset distribution

By assets, Onto Innovation, Inc. 401(k) Savings Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$191M
Net Assets (End of Year)$231M
Net Income$40M
Employer EIN942276314
Plan Effective Date1983-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Onto Innovation, Inc.)

$150M$200M$250M$300M 202220232024 $191M $264M ▲ +38.2%
Total plan assets by year, all Onto Innovation, Inc. plans on file
Year Plans Participants Total Assets
2022 1 858 $191M
2023 1 964 $231M
2024 1 928 $264M

Nearby 401(k) Plans in New Jersey

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

Onto Innovation, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Onto Innovation, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Onto Innovation, Inc…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Onto Innovation, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Onto Innovation, Inc. 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Onto Innovation, Inc. 401(k) Savings Plan assets move in 2023?
Onto Innovation, Inc. 401(k) Savings Plan grew sharply - up 21.0% during 2023, from $191M to $231M. Reported net income was $40M.
How have Onto Innovation, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Onto Innovation, Inc.'s sponsor-wide assets grew 38.2%, from $191M to $264M.
Where does Onto Innovation, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers?
Onto Innovation, Inc. 401(k) Savings Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Onto Innovation, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Rpc 401(k) Plan in GA ($231M, 3,321 participants).

Next read for Onto Innovation, Inc. 401(k) Savings Pla…

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Ways to act on Onto Innovation, Inc. 401(k) Savings Plan's numbers.

  • By total assets, Onto Innovation, Inc. 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
  • Onto Innovation, Inc.'s sponsor-wide assets have grown 38.2% since 2022 across 3 plan years on file. More Manufacturing plans