401(k) · DOL Form 5500 · 2023

Usr Parent Inc. 401(k) Plan

Data updated 2026-08-25

$376M
Total assets Above avg plan size
11,937
Participants Very large workforce
97th
Percentile by assets National rank
$31,511
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#8,250
in Retail Trade (8,414 peers)
+18.3%
assets growth YoY
3.8×
vs typical plan assets (national mean)

Staples US Retail 401(k) Retirement Plan's outsized position by total assets

Staples US Retail 401(k) Retirement Plan vs every filed plan by assets

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

$376,145,544 Top 3% higher than 97% of 127,068 filed plans

This plan $0 $2,050,000,000 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

Staples US Retail 401(k) Retirement Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Staples US Retail 401(k) Retirement Plan is a mega filing (11,937 participants), the rightmost band on the breakdown.

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 →

Plan-year Form 5500 strip

Filing strip 821997669 · Usr Parent Inc. PY 2023 · 401(k)

Staples US Retail 401(k) Retirement Plan · $376M · 11,937 · 97th

  • TYPE $376M
  • TYPE 11,937
  • TYPE 97th
  • TYPE 401(k)
  • TYPE near Hunt Consolidated, Inc. Fidelity Thrift Plan
  • TYPE ind #8250

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 Retail Trade retirement plans → · Plans in Massachusetts →

Staples US Retail 401(k) Retirement Plan in the asset neighbourhood

Kennedy Krieger Institute Retirement Savings PlanKennedy Krieger Institute Re…$376MElectrical Construction Industry Annuity PlanElectrical Construction Indu…$376MVitalant 401(k) Retirement Savings PlanVitalant 401(k) Retirement S…$376MHunt Consolidated, Inc. Fidelity Thrift PlanHunt Consolidated, Inc. Fide…$376MStaples US Retail 401(k) Retirement PlanStaples US Retail 401(k) Ret…$376M
End-of-year total assets ($M) among Staples US Retail 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Usr Parent Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$405M 27.205518130302192% vs 2022
2024 filing year
$300M$350M$400M$450M 202220232024 $318M $405M ▲ +27.2%
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 Scatter plot of 6 data points. 020000400006000080000 -10010203040 Total assets ($B) Participants Staples US Retail 401(k) Retirement Plan, Total assets ($B): 0.376145544 · Participants: 11937Staples US Retail 401(k) Retirement PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
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:

Staples US Retail 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Hunt Consolidated, Inc. Fidelity Thrift Plan in TX ($376M); by covered participants it is Decisionhr Retirement Savings Plan in FL (11,933 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($376M here).

Similar participant headcount

Nearest other-state filings by covered participants (11,937 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Staples US Retail 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Decisionhr Retirement Savings Plan in FL (11,933 participants, $65M in assets).