401(k) · DOL Form 5500 · 2024
Seagate U.S. LLC 401(k) Plan
Data updated 2026-08-11
- $2.3B
- Total assets
- 3,205
- Participants
- 99th
- Percentile by assets
- $718,057
- Avg per participant
Official DOL plan name: Seagate 401(k) Plan · Sponsored by Seagate U.S. LLC · California · Manufacturing
$2.3B in assets, 3,205 participants
Seagate U.S. LLC's Seagate 401(k) Plan reported $2.3B in total assets and 3,205 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 123,622 plans)
- #17,560 in Manufacturing (17,777 peers)
Coverage in California
Seagate 401(k) Plan covers 3,205 participants in California, 5.1x the typical California plan (state average ~630 per filing). Assets: $2.3B.
- $2.3B
- total plan assets (2024 EOY)
- 3,205
- covered participants
- 99th
- percentile by assets (of 123,622 plans)
- $718,057
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Seagate 401(k) Plan reported participants fell from 4,188 in the plan year 2023 filing to 3,205 in the plan year 2024 filing.
- Seagate 401(k) Plan reported net income rose from $143M in the plan year 2023 filing to $166M in the plan year 2024 filing.
- Seagate 401(k) Plan end-of-year assets rose from $2.1B in the plan year 2023 filing to $2.3B in the plan year 2024 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Seagate 401(k) Plan reports 3,205 participants - 5.1x that state average ($2.3B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $2.1B |
|---|---|
| Net Assets (End of Year) | $2.3B |
| Net Income | $166M |
| Employer EIN | 770545987 |
| Plan Effective Date | 1986-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Seagate U.S. LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4,483 | $2.0B |
| 2023 | 1 | 4,188 | $2.1B |
| 2024 | 1 | 3,205 | $2.3B |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Seagate 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
- Google LLC 401(k) Savings Plan $48.7B · 116,712
- Oracle Corporation 401(k) Savings and Investment Plan $31.0B · 58,962
- Intel 401(k) Savings Plan $24.9B · 55,298
- Apple 401(k) Plan $24.7B · 101,450
- Cisco Systems,Inc. 401(k) Plan $22.7B · 40,452
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Seagate 401(k) Plan by total assets, not by location.
- Union Pacific Corporation Thrift Plan (NE) $2.3B · 5,350
- Hilton 401(k) Plan (VA) $2.3B · 27,734
- W.R. Berkley Corporation Profit Sharing Plan (CT) $2.3B · 6,103
- Adm 401(k) and Employee Stock Ownership Plan for Salaried Employees (IL) $2.3B · 8,289
Frequently Asked Questions
How did Seagate 401(k) Plan assets move in 2024? ▼
How have Seagate U.S. LLC plan assets changed over time? ▼
Where does Seagate 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Seagate 401(k) Plan? ▼
Next read for Seagate 401(k) Plan
Filing takeaways
Ways to act on Seagate 401(k) Plan's numbers.
- By total assets, Seagate 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Seagate U.S. LLC's sponsor-wide assets have grown 15.5% since 2022 across 3 plan years on file. More Manufacturing plans