401(k) · DOL Form 5500 · 2024

Snowflake Inc. 401(k) Plan

Data updated 2026-08-11

$529M
Total assets
4,125
Participants
97th
Percentile by assets
$128,345
Avg per participant
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Official DOL plan name: Snowflake Inc. 401(k) Plan · Sponsored by Snowflake Inc. · California · Information & Media

$529M in assets, 4,125 participants

Snowflake Inc.'s Snowflake Inc. 401(k) Plan reported $529M in total assets and 4,125 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #2,688 in Information & Media (2,822 peers)

Coverage in California

Snowflake Inc. 401(k) Plan covers 4,125 participants in California, 6.5x the typical California plan (state average ~630 per filing). Assets: $529M.

$529M
total plan assets (2024 EOY)
4,125
covered participants
97th
percentile by assets (of 123,622 plans)
$128,345
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Snowflake Inc. 401(k) Plan end-of-year assets rose from $347M in the plan year 2023 filing to $529M in the plan year 2024 filing.
  • Snowflake Inc. 401(k) Plan reported net income rose from $141M in the plan year 2023 filing to $182M in the plan year 2024 filing.
  • Snowflake Inc. 401(k) Plan reported participants rose from 3,566 in the plan year 2023 filing to 4,125 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Snowflake Inc. 401(k) Plan reports 4,125 participants - 6.5x that state average ($529M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$347M
Net Assets (End of Year)$529M
Net Income$182M
Employer EIN460636374
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Snowflake Inc.)

$100M$200M$300M$400M$500M$600M 202220232024 $205M $529M ▲ +158.4%
Total plan assets by year, all Snowflake Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,529 $205M
2023 1 3,566 $347M
2024 1 4,125 $529M

Nearby 401(k) Plans in California

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

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

Snowflake Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Snowflake Inc. 401(k…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) PlanCisco Systems,Inc. 4…
Snowflake 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 Snowflake Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Snowflake Inc. 401(k) Plan assets move in 2024?
Snowflake Inc. 401(k) Plan surged - up 52.4% during 2024, from $347M to $529M. Reported net income was $182M.
How have Snowflake Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Snowflake Inc.'s sponsor-wide assets grew 158.4%, from $205M to $529M.
Where does Snowflake Inc. 401(k) Plan rank by assets among Form 5500 filers?
Snowflake Inc. 401(k) Plan ranks in the 97th 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 Snowflake Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is H.B. Fuller Company 401(k) & Retirement Plan in MN ($529M, 2,526 participants).

Filing takeaways

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