401(k) · DOL Form 5500 · 2023

Exelixis, Inc. 401(k) Plan

Data updated 2026-08-11

$259M
Total assets
1,224
Participants
96th
Percentile by assets
$211,757
Avg per participant
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Official DOL plan name: Exelixis, Inc. 401(k) Plan · Sponsored by Exelixis, Inc. · California · Manufacturing

$259M in assets, 1,224 participants

Exelixis, Inc.'s Exelixis, Inc. 401(k) Plan reported $259M in total assets and 1,224 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #17,446 in Manufacturing (18,722 peers)

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

Exelixis, Inc. 401(k) Plan sits in the top 5% of all filed plans by assets, $259M for 1,224 participants (~$211,757/participant), up 44.1% in 2023.

$259M
total plan assets (2023 EOY)
1,224
covered participants
96th
percentile by assets (of 127,072 plans)
$211,757
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Exelixis, Inc. 401(k) Plan reported net income rose from -$16M in the plan year 2022 filing to $79M in the plan year 2023 filing.
  • Exelixis, Inc. 401(k) Plan end-of-year assets rose from $180M in the plan year 2022 filing to $259M in the plan year 2023 filing.
  • Exelixis, Inc. 401(k) Plan reported participants rose from 953 in the plan year 2022 filing to 1,224 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

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

By assets, Exelixis, Inc. 401(k) Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$180M
Net Assets (End of Year)$259M
Net Income$79M
Employer EIN043257395
Plan Effective Date1998-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Exelixis, Inc.)

$150M$200M$250M$300M$350M 202220232024 $180M $319M ▲ +77.3%
Total plan assets by year, all Exelixis, Inc. plans on file
Year Plans Participants Total Assets
2022 1 953 $180M
2023 1 1,224 $259M
2024 1 1,308 $319M

Nearby 401(k) Plans in California

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

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

Exelixis, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Exelixis, Inc. 401(k…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Exelixis, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Exelixis, Inc. 401(k) Plan assets move in 2023?
Exelixis, Inc. 401(k) Plan surged - up 44.1% during 2023, from $180M to $259M. Reported net income was $79M.
How have Exelixis, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Exelixis, Inc.'s sponsor-wide assets grew 77.3%, from $180M to $319M.
Where does Exelixis, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Exelixis, Inc. 401(k) Plan ranks in the 96th 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 Exelixis, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Silver Cross Hospital & Medical Centers Employees' 401(k) Retirement Savings Plan in IL ($259M, 3,165 participants).

Scale reading

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