401(k) · DOL Form 5500 · 2024
Sleep Number Corporation 401(k) Plan
Data updated 2026-08-11
- $257M
- Total assets
- 4,172
- Participants
- 95th
- Percentile by assets
- $61,692
- Avg per participant
Official DOL plan name: Sleep Number Profit Sharing and 401(k) Plan · Sponsored by Sleep Number Corporation · Minnesota · Manufacturing
$257M in assets, 4,172 participants
Sleep Number Corporation's Sleep Number Profit Sharing and 401(k) Plan reported $257M in total assets and 4,172 participants in its 2024 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 123,622 plans)
- #16,463 in Manufacturing (17,777 peers)
Coverage in Minnesota
Sleep Number Profit Sharing and 401(k) Plan covers 4,172 participants in Minnesota, 3.7x the typical Minnesota plan (state average ~1,126 per filing). Assets: $257M.
- $257M
- total plan assets (2024 EOY)
- 4,172
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $61,692
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sleep Number Profit Sharing and 401(k) Plan reported net income fell from $32M in the plan year 2023 filing to $22M in the plan year 2024 filing.
- Sleep Number Profit Sharing and 401(k) Plan reported participants fell from 5,118 in the plan year 2023 filing to 4,172 in the plan year 2024 filing.
- Sleep Number Profit Sharing and 401(k) Plan end-of-year assets rose from $235M in the plan year 2023 filing to $257M in the plan year 2024 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Sleep Number Profit Sharing and 401(k) Plan reports 4,172 participants - 3.7x that state average ($257M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $235M |
|---|---|
| Net Assets (End of Year) | $257M |
| Net Income | $22M |
| Employer EIN | 411597886 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sleep Number Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,706 | $203M |
| 2023 | 1 | 5,118 | $235M |
| 2024 | 1 | 4,172 | $257M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Sleep Number Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Sleep Number Profit Sharing and 401(k) Plan by total assets, not by location.
- Livanova US Employee Retirement Savings Plan (TX) $257M · 1,332
- Stride, Inc. 401(k) Plan (VA) $258M · 7,853
- Mrc Global Retirement Plan (CO) $258M · 2,028
- Savings Plan for Senior Attorneys and Associates of Cravath, Swaine & Moore LLP (NY) $258M · 437
Frequently Asked Questions
How did Sleep Number Profit Sharing and 401(k) Plan assets move in 2024? ▼
How have Sleep Number Corporation plan assets changed over time? ▼
Where does Sleep Number Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Sleep Number Profit Sharing and 401(k) Plan? ▼
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Filing takeaways
Ways to act on Sleep Number Profit Sharing and 401(k) Plan's numbers.
- By total assets, Sleep Number Profit Sharing and 401(k) 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 Minnesota. Compare plans
- Sleep Number Corporation's sponsor-wide assets have grown 26.7% since 2022 across 3 plan years on file. More Manufacturing plans