401(k) · DOL Form 5500 · 2024

Inspire Medical Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$86M
Total assets Below avg plan size
980
Participants Near avg headcount
89th
Percentile by assets National rank
$87,581
Avg per participant Below avg balance/head
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Official DOL plan name: Inspire Medical Systems, Inc. 401(k) Plan · Sponsored by Inspire Medical Systems, Inc. · Minnesota · Manufacturing

$86M in assets, 980 participants

Inspire Medical Systems, Inc.'s Inspire Medical Systems, Inc. 401(k) Plan reported $86M in total assets and 980 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #14,978 in Manufacturing (17,777 peers)

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

Inspire Medical Systems, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $86M for 980 participants (~$87,581/participant), up 54.1% in 2024.

#14,978
in Manufacturing (17,777 peers)
+54.1%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Inspire Medical Systems, Inc. 401(k) Plan's outsized position by total assets

Inspire Medical Systems, Inc. 401(k) Plan vs every filed plan by assets

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

$85,829,296 Top 11% higher than 89% 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

Inspire Medical Systems, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Inspire Medical Systems, Inc. 401(k) Plan sits mid-pack in the medium band (980 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Inspire Medical Systems, Inc. 401(k) Plan end-of-year assets rose from $56M in the plan year 2023 filing to $86M in the plan year 2024 filing.
  • Inspire Medical Systems, Inc. 401(k) Plan reported participants rose from 730 in the plan year 2023 filing to 980 in the plan year 2024 filing.
  • Inspire Medical Systems, Inc. 401(k) Plan reported net income rose from $27M in the plan year 2023 filing to $30M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 261377674 · Inspire Medical Systems, Inc. PY 2024 · 401(k)

Inspire Medical Systems, Inc. 401(k) Plan · $86M · 980 · 89th

  • BOY $86M
  • BOY 980
  • BOY 89th
  • BOY 401(k)
  • BOY near Kamin LLC Employee Savings Plan
  • BOY ind #14978

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 →

Inspire Medical Systems, Inc. 401(k) Plan in the asset neighbourhood

Flexsteel Industries, Inc. 401(k) PlanFlexsteel Industries, Inc. 4…$86MInspire Medical Systems, Inc. 401(k) PlanInspire Medical Systems, Inc…$86MKamin LLC Employee Savings PlanKamin LLC Employee Savings P…$86MMangan, Inc. 401(k) Profit Sharing Plan and TrustMangan, Inc. 401(k) Profit S…$86MF.T. Publications Inc. 401(k) PlanF.T. Publications Inc. 401(k…$86M
End-of-year total assets ($M) among Inspire Medical Systems, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$86M
Net Income$30M
Employer EIN261377674
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Inspire Medical Systems, Inc.)

Sponsor-wide plan assets over time

All Inspire Medical Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$86M 195.0756750001676% vs 2022
2024 filing year
$20M$40M$60M$80M$100M 202220232024 $29.1M $85.8M ▲ +195.0%
Year Plans Participants Total Assets
2022 1 461 $29M
2023 1 730 $56M
2024 1 980 $86M

Nearby 401(k) Plans in Minnesota

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

Inspire Medical Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Inspire Medical Systems, Inc. 401(k) Plan, Total assets ($B): 0.085829296 · Participants: 980Inspire Medical Systems, Inc. 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
Inspire Medical Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Inspire Medical Systems, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Kamin LLC Employee Savings Plan in GA ($86M); by covered participants it is Professional Orthopedic and Sports Physical Therapy, P.C. Employee Savings Plan in NY (980 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($86M here).

Similar participant headcount

Nearest other-state filings by covered participants (980 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 Inspire Medical Systems, Inc. 401(k) Plan assets move in 2024?
Inspire Medical Systems, Inc. 401(k) Plan surged - up 54.1% during 2024, from $56M to $86M. Reported net income was $30M.
How have Inspire Medical Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Inspire Medical Systems, Inc.'s sponsor-wide assets grew 195.1%, from $29M to $86M.
Where does Inspire Medical Systems, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Inspire Medical Systems, Inc. 401(k) Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Inspire Medical Systems, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Kamin LLC Employee Savings Plan in GA ($86M, 691 participants).
Which 401(k) plans cover a similar participant headcount to Inspire Medical Systems, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Professional Orthopedic and Sports Physical Therapy, P.C. Employee Savings Plan in NY (980 participants, $64M in assets).