401(k) · DOL Form 5500 · 2023

Usr Parent Inc. 401(k) Plan

Data updated 2026-08-11

$376M
Total assets
11,937
Participants
97th
Percentile by assets
$31,511
Avg per participant
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Official DOL plan name: Staples US Retail 401(k) Retirement Plan · Sponsored by Usr Parent Inc. · Massachusetts · Retail Trade

$376M in assets, 11,937 participants

Usr Parent Inc.'s Staples US Retail 401(k) Retirement Plan reported $376M in total assets and 11,937 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #8,250 in Retail Trade (8,414 peers)

Coverage in Massachusetts

Staples US Retail 401(k) Retirement Plan covers 11,937 participants in Massachusetts, 18x the typical Massachusetts plan (state average ~659 per filing). Assets: $376M.

$376M
total plan assets (2023 EOY)
11,937
covered participants
97th
percentile by assets (of 127,072 plans)
$31,511
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Staples US Retail 401(k) Retirement Plan reported net income rose from -$71M in the plan year 2022 filing to $58M in the plan year 2023 filing.
  • Staples US Retail 401(k) Retirement Plan end-of-year assets rose from $318M in the plan year 2022 filing to $376M in the plan year 2023 filing.
  • Staples US Retail 401(k) Retirement Plan reported participants fell from 12,456 in the plan year 2022 filing to 11,937 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Staples US Retail 401(k) Retirement Plan reports 11,937 participants - 18x that state average ($376M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$318M
Net Assets (End of Year)$376M
Net Income$58M
Employer EIN821997669
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Usr Parent Inc.)

$300M$350M$400M$450M 202220232024 $318M $405M ▲ +27.2%
Total plan assets by year, all Usr Parent Inc. plans on file
Year Plans Participants Total Assets
2022 1 12,456 $318M
2023 1 11,937 $376M
2024 1 11,368 $405M

Nearby 401(k) Plans in Massachusetts

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

Staples US Retail 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Staples US Retail 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -10010203040 Total assets ($B) Participants Staples US Retail 40…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…Philips North Americ…
Staples US Retail 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Scale composition for Staples US Retail 401(k) Retirement Plan

Staples US Retail 401(k) Retirement Plan reports $376M in end-of-year assets across 11,937 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $31,511 per participant (23% of the national average assets-per-participant) . Net income for plan year 2023 was $58M.

This plan identity (EIN 821997669, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $318M to $405M (+27.2%) while covered participants moved from 12,456 to 11,368 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,456 $318M Open filing
2023 11,937 $376M This page
2024 · index core 11,368 $405M 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 Staples US Retail 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Staples US Retail 401(k) Retirement Plan assets move in 2023?
Staples US Retail 401(k) Retirement Plan grew sharply - up 18.3% during 2023, from $318M to $376M. Reported net income was $58M.
How have Usr Parent Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Usr Parent Inc.'s sponsor-wide assets grew 27.2%, from $318M to $405M.
Where does Staples US Retail 401(k) Retirement Plan rank by assets among Form 5500 filers?
Staples US Retail 401(k) Retirement Plan ranks in the 97th 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 Staples US Retail 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Hunt Consolidated, Inc. Fidelity Thrift Plan in TX ($376M, 897 participants).

Next read for Staples US Retail 401(k) Retirement Plan

Filing takeaways

Ways to act on Staples US Retail 401(k) Retirement Plan's numbers.

  • By total assets, Staples US Retail 401(k) Retirement 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 Massachusetts. Compare plans
  • Usr Parent Inc.'s sponsor-wide assets have grown 27.2% since 2022 across 3 plan years on file. More Retail Trade plans