401(k) · DOL Form 5500 · 2024
Staples, Inc. 401(k) Plan
Data updated 2026-08-25
- $1.5B
- Total assets Very large vs avg
- 12,947
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $117,070
- Avg per participant Below avg balance/head
Official DOL plan name: Staples, Inc. Employees' 401(k) Savings Plan · Sponsored by Staples, Inc. · Massachusetts · Retail Trade
$1.5B in assets, 12,947 participants
Staples, Inc.'s Staples, Inc. Employees' 401(k) Savings Plan reported $1.5B in total assets and 12,947 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.
- #7,999 in Retail Trade (8,048 peers)
Coverage in Massachusetts
Staples, Inc. Employees' 401(k) Savings Plan covers 12,947 participants in Massachusetts, 20x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.5B.
- #7,999
- in Retail Trade (8,048 peers)
- +6.0%
- assets growth YoY
- 15×
- vs typical plan assets (national mean)
Staples, Inc. Employees' 401(k) Savings Plan's outsized position by total assets
Staples, Inc. Employees' 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,515,709,317 Top 1% higher than 99% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Staples, Inc. Employees' 401(k) 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. Staples, Inc. Employees' 401(k) Savings Plan is a mega filing (12,947 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Staples, Inc. Employees' 401(k) Savings Plan reported net income fell from $151M in the plan year 2023 filing to $86M in the plan year 2024 filing.
- Staples, Inc. Employees' 401(k) Savings Plan end-of-year assets rose from $1.4B in the plan year 2023 filing to $1.5B in the plan year 2024 filing.
- Staples, Inc. Employees' 401(k) Savings Plan reported participants fell from 13,528 in the plan year 2023 filing to 12,947 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 042896127 · Staples, Inc. PY 2024 · 401(k)
Staples, Inc. Employees' 401(k) Savings Plan · $1.5B · 12,947 · 99th
- TYPE $1.5B
- NET 12,947
- BOOK 99th
- VS-ST 401(k)
- BOY near Marsh & Mclennan Agency 401(k) Savings & Investment Plan
- SCH ind #7999
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 Retail Trade retirement plans → · Plans in Massachusetts →
Staples, Inc. Employees' 401(k) Savings Plan in the asset neighbourhood
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $1.4B |
|---|---|
| Net Assets (End of Year) | $1.5B |
| Net Income | $86M |
| Employer EIN | 042896127 |
| Plan Effective Date | 1989-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Staples, Inc.)
Sponsor-wide plan assets over time
All Staples, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.5B 18.568414483165853% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 13,729 | $1.3B |
| 2023 | 1 | 13,528 | $1.4B |
| 2024 | 1 | 12,947 | $1.5B |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Fidelity Retirement Savings Plan $34.2B · 66,907
- Liberty Mutual 401(k) Plan $11.4B · 34,618
- Massachusetts Institute of Technology Supplemental 401(k) Plan $7.7B · 14,762
- Boston Scientific Corporation 401(k) Retirement Savings Plan $6.8B · 20,639
- State Street Salary Savings Program $6.5B · 12,777
Scale composition for Staples, Inc. Employees' 401(k) Savings Plan
Staples, Inc. Employees' 401(k) Savings Plan reports $1.5B in end-of-year assets across 12,947 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $117,070 per participant (85% of the national average assets-per-participant) . Net income for plan year 2024 was $86M.
This plan identity (EIN 042896127, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.5B (+18.6%) while covered participants moved from 13,729 to 12,947 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 13,729 | $1.3B | Open filing |
| 2023 | 13,528 | $1.4B | Open filing |
| 2024 · index core | 12,947 | $1.5B | This page |
Staples, Inc. Employees' 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Massachusetts, the nearest 401(k) by assets is Marsh & Mclennan Agency 401(k) Savings & Investment Plan in NY ($1.5B); by covered participants it is New York Life Insurance Company Employee Progress Sharing Investment Plan in NY (12,949 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.5B here).
- Marsh & Mclennan Agency 401(k) Savings & Investment Plan (NY) $1.5B · 11,530
- Smith & Nephew U.S. Savings Plan (TN) $1.5B · 6,667
- Cliftonlarsonallen LLP 401(k) Retirement Plan (MN) $1.5B · 7,938
- Blue Cross Blue Shield of Michigan Employees' Savings Plan (MI) $1.5B · 6,219
Similar participant headcount
Nearest other-state filings by covered participants (12,947 participants); asset peers above are excluded.
- New York Life Insurance Company Employee Progress Sharing Investment Plan (NY) 12,949 · 2 off
- Virtua 401(k) Savings Plan (NJ) 12,936 · 11 off
- Bmw Savings Plan (NJ) 12,934 · 13 off
- H & R Block Retirement Savings Plan (MO) 12,962 · 15 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.