401(k) · DOL Form 5500 · 2023

Commvault Systems, Inc. 401(k) Plan

Data updated 2026-08-11

$243M
Total assets
1,235
Participants
95th
Percentile by assets
$196,668
Avg per participant
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Official DOL plan name: Commvault Systems, Inc. 401(k) Plan · Sponsored by Commvault Systems, Inc. · New Jersey · Information & Media

$243M in assets, 1,235 participants

Commvault Systems, Inc.'s Commvault Systems, Inc. 401(k) Plan reported $243M in total assets and 1,235 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)
  • #2,621 in Information & Media (2,818 peers)

Where Commvault Systems, Inc. 401(k) Plan sits by assets

Commvault Systems, Inc. 401(k) Plan sits in the top 5% of all filed plans by assets, $243M for 1,235 participants (~$196,668/participant), up 21.7% in 2023.

$243M
total plan assets (2023 EOY)
1,235
covered participants
95th
percentile by assets (of 127,072 plans)
$196,668
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Commvault Systems, Inc. 401(k) Plan reported net income rose from -$32M in the plan year 2022 filing to $43M in the plan year 2023 filing.
  • Commvault Systems, Inc. 401(k) Plan reported participants fell from 1,703 in the plan year 2022 filing to 1,235 in the plan year 2023 filing.
  • Commvault Systems, Inc. 401(k) Plan end-of-year assets rose from $200M in the plan year 2022 filing to $243M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Commvault Systems, Inc. 401(k) Plan vs the 2023 asset distribution

By assets, Commvault Systems, Inc. 401(k) Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$200M
Net Assets (End of Year)$243M
Net Income$43M
Employer EIN223447504
Plan Effective Date1996-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Commvault Systems, Inc.)

$150M$200M$250M$300M 202220232024 $200M $290M ▲ +45.4%
Total plan assets by year, all Commvault Systems, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,703 $200M
2023 1 1,235 $243M
2024 1 1,201 $290M

Nearby 401(k) Plans in New Jersey

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

Commvault Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Commvault Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Commvault Systems, I…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Commvault Systems, Inc. 401(k) 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 Commvault Systems, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Commvault Systems, Inc. 401(k) Plan assets move in 2023?
Commvault Systems, Inc. 401(k) Plan grew sharply - up 21.7% during 2023, from $200M to $243M. Reported net income was $43M.
How have Commvault Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Commvault Systems, Inc.'s sponsor-wide assets grew 45.4%, from $200M to $290M.
Where does Commvault Systems, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Commvault Systems, Inc. 401(k) 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 Commvault Systems, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Teladoc Health 401(k) Plan in NY ($243M, 3,617 participants).

Next read for Commvault Systems, Inc. 401(k) Plan

Scale reading

Ways to act on Commvault Systems, Inc. 401(k) Plan's numbers.