401(k) · DOL Form 5500 · 2024

Amgen Inc. 401(k) Plan

Data updated 2026-08-25

$7.7B
Total assets Very large vs avg
12,355
Participants Very large workforce
100th
Percentile by assets National rank
$625,024
Avg per participant High balance/head
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Official DOL plan name: Amgen Retirement and Savings Plan · Sponsored by Amgen Inc. · California · Manufacturing

$7.7B in assets, 12,355 participants

Amgen Inc.'s Amgen Retirement and Savings Plan reported $7.7B in total assets and 12,355 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • #17,695 in Manufacturing (17,777 peers)

Coverage in California

Amgen Retirement and Savings Plan covers 12,355 participants in California, 20x the typical California plan (state average ~630 per filing). Assets: $7.7B.

#17,695
in Manufacturing (17,777 peers)
+11.9%
assets growth YoY
77×
vs typical plan assets (national mean)

Amgen Retirement and Savings Plan's outsized position by total assets

Amgen Retirement and Savings Plan vs every filed plan by assets

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

$7,722,176,696 Highest reported value at or above every one 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

Amgen Retirement and Savings Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Amgen Retirement and Savings Plan is a mega filing (12,355 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Amgen Retirement and Savings Plan end-of-year assets rose from $6.9B in the plan year 2023 filing to $7.7B in the plan year 2024 filing.
  • Amgen Retirement and Savings Plan reported net income fell from $897M in the plan year 2023 filing to $822M in the plan year 2024 filing.
  • Amgen Retirement and Savings Plan reported participants fell from 12,714 in the plan year 2023 filing to 12,355 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 953540776 · Amgen Inc. PY 2024 · 401(k)

Amgen Retirement and Savings Plan · $7.7B · 12,355 · 100th

  • 5500 $7.7B
  • ASSETS 12,355
  • PCT 100th
  • EIN 401(k)
  • RANK near Massachusetts Institute of Technology Supplemental 401(k) Plan
  • PHOTO ind #17695

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 California →

Amgen Retirement and Savings Plan in the asset neighbourhood

Amgen Retirement and Savings PlanAmgen Retirement and Savings…$7.7BMassachusetts Institute of Technology Supplemental 401(k) PlanMassachusetts Institute of T…$7.7BHumana Retirement Savings PlanHumana Retirement Savings Pl…$7.7BHdr, Inc. Best Plan and ESOP$7.7BPhillips 66 Savings Plan$7.7B
End-of-year total assets ($B) among Amgen Retirement and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$6.9B
Net Assets (End of Year)$7.7B
Net Income$822M
Employer EIN953540776
Plan Effective Date1985-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Amgen Inc.)

Sponsor-wide plan assets over time

All Amgen Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7.7B 28.587755507598605% vs 2022
2024 filing year
$5B$6B$7B$8B 202220232024 $6.01B $7.72B ▲ +28.5%
Year Plans Participants Total Assets
2022 1 11,445 $6.0B
2023 1 12,714 $6.9B
2024 1 12,355 $7.7B

Nearby 401(k) Plans in California

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

Amgen Retirement and Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 0102030405060 Total assets ($B) Participants Amgen Retirement and Savings Plan, Total assets ($B): 7.722176696 · Participants: 12355Amgen Retirement and Savings PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Amgen Retirement and Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Amgen Retirement and Savings Plan

Amgen Retirement and Savings Plan reports $7.7B in end-of-year assets across 12,355 participants (0.063% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $625,024 per participant (4.5x the national average assets-per-participant) . Net income for plan year 2024 was $822M.

This plan identity (EIN 953540776, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.0B to $7.7B (+28.6%) while covered participants moved from 11,445 to 12,355 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 11,445 $6.0B Open filing
2023 12,714 $6.9B Open filing
2024 · index core 12,355 $7.7B This page

Amgen Retirement and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Massachusetts Institute of Technology Supplemental 401(k) Plan in MA ($7.7B); by covered participants it is Decisionhr Retirement Savings Plan in FL (12,379 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7.7B here).

Similar participant headcount

Nearest other-state filings by covered participants (12,355 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 Amgen Retirement and Savings Plan assets move in 2024? ▼
Amgen Retirement and Savings Plan grew at a solid clip - up 11.9% during 2024, from $6.9B to $7.7B. Reported net income was $822M.
How have Amgen Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Amgen Inc.'s sponsor-wide assets grew 28.6%, from $6.0B to $7.7B.
Where does Amgen Retirement and Savings Plan rank by assets among Form 5500 filers? ▼
Amgen Retirement and Savings Plan ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Amgen Retirement and Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Massachusetts Institute of Technology Supplemental 401(k) Plan in MA ($7.7B, 14,762 participants).
Which 401(k) plans cover a similar participant headcount to Amgen Retirement and Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Decisionhr Retirement Savings Plan in FL (12,379 participants, $67M in assets).