401(k) · DOL Form 5500 · 2024

Model N, Inc 401(k) Plan

Data updated 2026-08-11

$128M
Total assets
514
Participants
92nd
Percentile by assets
$249,521
Avg per participant
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Official DOL plan name: Model N, Inc. 401(k) Plan · Sponsored by Model N, Inc · California · Information & Media

$128M in assets, 514 participants

Model N, Inc's Model N, Inc. 401(k) Plan reported $128M in total assets and 514 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 123,622 plans)
  • #2,500 in Information & Media (2,822 peers)

Where Model N, Inc. 401(k) Plan sits by assets

Model N, Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $128M for 514 participants (~$249,521/participant), up 17.4% in 2024.

$128M
total plan assets (2024 EOY)
514
covered participants
92nd
percentile by assets (of 123,622 plans)
$249,521
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Model N, Inc. 401(k) Plan end-of-year assets rose from $109M in the plan year 2023 filing to $128M in the plan year 2024 filing.
  • Model N, Inc. 401(k) Plan reported net income fell from $23M in the plan year 2023 filing to $19M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Model N, Inc. 401(k) Plan vs the 2024 asset distribution

By assets, Model N, Inc. 401(k) Plan outranks 92% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$109M
Net Assets (End of Year)$128M
Net Income$19M
Employer EIN770528806
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Model N, Inc)

$80M$100M$120M$140M 202220232024 $86.4M $128M ▲ +48.5%
Total plan assets by year, all Model N, Inc plans on file
Year Plans Participants Total Assets
2022 1 544 $86M
2023 1 519 $109M
2024 1 514 $128M

Nearby 401(k) Plans in California

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

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

Model N, 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 Model N, Inc. 401(k)…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) PlanCisco Systems,Inc. 4…
Model N, 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 Model N, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Model N, Inc. 401(k) Plan assets move in 2024?
Model N, Inc. 401(k) Plan grew sharply - up 17.4% during 2024, from $109M to $128M. Reported net income was $19M.
How have Model N, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Model N, Inc's sponsor-wide assets grew 48.5%, from $86M to $128M.
Where does Model N, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Model N, Inc. 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Model N, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is The Alerislife Retirement Plan in MA ($128M, 9,149 participants).

Scale reading

Ways to act on Model N, Inc. 401(k) Plan's numbers.