401(k) · DOL Form 5500 · 2024

Outset Medical, Inc. 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
482
Participants Below avg headcount
79th
Percentile by assets National rank
$70,022
Avg per participant Below avg balance/head
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Official DOL plan name: Outset Medical 401(k) Plan · Sponsored by Outset Medical, Inc. · California · Manufacturing

$34M in assets, 482 participants

Outset Medical, Inc.'s Outset Medical 401(k) Plan reported $34M in total assets and 482 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.

  • #12,624 in Manufacturing (17,777 peers)

Where Outset Medical 401(k) Plan sits by assets

Outset Medical 401(k) Plan sits in the top quartile of all filed plans by assets, $34M for 482 participants (~$70,022/participant), up 12.6% in 2024.

#12,624
in Manufacturing (17,777 peers)
+12.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Outset Medical 401(k) Plan's outsized position by total assets

Outset Medical 401(k) Plan vs every filed plan by assets

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

$33,750,665 Top 21% higher than 79% 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

Outset Medical 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. Outset Medical 401(k) Plan sits mid-pack in the medium band (482 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Outset Medical 401(k) Plan reported net income fell from $11M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Outset Medical 401(k) Plan end-of-year assets rose from $30M in the plan year 2023 filing to $34M in the plan year 2024 filing.
  • Outset Medical 401(k) Plan reported participants fell from 519 in the plan year 2023 filing to 482 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 200514392 · Outset Medical, Inc. PY 2024 · 401(k)

Outset Medical 401(k) Plan · $34M · 482 · 79th

  • ASSETS $34M
  • ASSETS 482
  • ASSETS 79th
  • ASSETS 401(k)
  • ASSETS near Inw Manufacturing 401(k) Plan
  • ASSETS ind #12624

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 →

Outset Medical 401(k) Plan in the asset neighbourhood

Arlington Industries, Inc. 401(k) Savings PlanArlington Industries, Inc. 4…$34MEcco Safety Group 401(k) Plan$34MOutset Medical 401(k) Plan$34MInw Manufacturing 401(k) Plan$34MMccarthy - Bush Companies 401(k) PlanMccarthy - Bush Companies 40…$34M
End-of-year total assets ($M) among Outset Medical 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)$30M
Net Assets (End of Year)$34M
Net Income$4M
Employer EIN200514392
Plan Effective Date2012-07-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Outset Medical, Inc.)

Sponsor-wide plan assets over time

All Outset Medical, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$34M 75.5676223478042% vs 2022
2024 filing year
$15M$20M$25M$30M$35M$40M 202220232024 $19.2M $33.8M ▲ +75.6%
Year Plans Participants Total Assets
2022 1 445 $19M
2023 1 519 $30M
2024 1 482 $34M

Nearby 401(k) Plans in California

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

Outset Medical 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Outset Medical 401(k) Plan, Total assets ($B): 0.033750665 · Participants: 482Outset Medical 401(k) 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
Outset Medical 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Outset Medical 401(k) Plan side-by-side with 3 peers →

Outset Medical 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Inw Manufacturing 401(k) Plan in UT ($34M); by covered participants it is Hanna Steel Corporation Profit Sharing Plan in AL (482 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($34M here).

Similar participant headcount

Nearest other-state filings by covered participants (482 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 Outset Medical 401(k) Plan assets move in 2024? ▼
Outset Medical 401(k) Plan grew at a solid clip - up 12.6% during 2024, from $30M to $34M. Reported net income was $4M.
How have Outset Medical, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Outset Medical, Inc.'s sponsor-wide assets grew 75.6%, from $19M to $34M.
Where does Outset Medical 401(k) Plan rank by assets among Form 5500 filers? ▼
Outset Medical 401(k) Plan ranks in the 79th 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 Outset Medical 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Inw Manufacturing 401(k) Plan in UT ($34M, 1,392 participants).
Which 401(k) plans cover a similar participant headcount to Outset Medical 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hanna Steel Corporation Profit Sharing Plan in AL (482 participants, $42M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 200514392.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.