401(k) · DOL Form 5500 · 2024

Sleep Number Corporation 401(k) Plan

Data updated 2026-08-25

$257M
Total assets Near avg plan size
4,172
Participants Above avg headcount
95th
Percentile by assets National rank
$61,692
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#16,463
in Manufacturing (17,777 peers)
+9.4%
assets growth YoY
2.6×
vs typical plan assets (national mean)

Sleep Number Profit Sharing and 401(k) Plan's outsized position by total assets

Sleep Number Profit Sharing and 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$257,380,773 Top 5% higher than 95% of 123,620 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 2024

Sleep Number Profit Sharing and 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sleep Number Profit Sharing and 401(k) Plan lands in the large band (4,172 participants).

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.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 411597886 · Sleep Number Corporation PY 2024 · 401(k)

Sleep Number Profit Sharing and 401(k) Plan · $257M · 4,172 · 95th

  • TYPE $257M
  • NET 4,172
  • BOOK 95th
  • VS-ST 401(k)
  • BOY near Livanova US Employee Retirement Savings Plan
  • SCH ind #16463

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 Manufacturing retirement plans → · Plans in Minnesota →

Sleep Number Profit Sharing and 401(k) Plan in the asset neighbourhood

Savings Plan for Senior Attorneys and Associates of Cravath, Swaine & Moore LLPSavings Plan for Senior Atto…$258MMrc Global Retirement Plan$258MStride, Inc. 401(k) Plan$258MLivanova US Employee Retirement Savings PlanLivanova US Employee Retirem…$257MSleep Number Profit Sharing and 401(k) PlanSleep Number Profit Sharing …$257M
End-of-year total assets ($M) among Sleep Number Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$235M
Net Assets (End of Year)$257M
Net Income$22M
Employer EIN411597886
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sleep Number Corporation)

Sponsor-wide plan assets over time

All Sleep Number Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$257M 26.73432582553787% vs 2022
2024 filing year
$180M$200M$220M$240M$260M$280M 202220232024 $203M $257M ▲ +26.7%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Sleep Number Profit Sharing and 401(k) Plan, Total assets ($B): 0.257380773 · Participants: 4172Sleep Number Profit Sharing and 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Sleep Number Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Sleep Number Profit Sharing and 401(k) Plan side-by-side with 3 peers →

Sleep Number Profit Sharing and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Livanova US Employee Retirement Savings Plan in TX ($257M); by covered participants it is Swissport North America Holdings, Inc. 401(k) Savings and Retirement Plan in NC (4,174 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($257M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,172 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sleep Number Profit Sharing and 401(k) Plan assets move in 2024? ▼
Sleep Number Profit Sharing and 401(k) Plan grew at a solid clip - up 9.4% during 2024, from $235M to $257M. Reported net income was $22M.
How have Sleep Number Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sleep Number Corporation's sponsor-wide assets grew 26.7%, from $203M to $257M.
Where does Sleep Number Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers? ▼
Sleep Number Profit Sharing and 401(k) Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Sleep Number Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Livanova US Employee Retirement Savings Plan in TX ($257M, 1,332 participants).
Which 401(k) plans cover a similar participant headcount to Sleep Number Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Swissport North America Holdings, Inc. 401(k) Savings and Retirement Plan in NC (4,174 participants, $174M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411597886.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.