401(k) · DOL Form 5500 · 2024

Staples, Inc. 401(k) Plan

Data updated 2026-08-06

$1.5B
Total assets
12,947
Participants
99th
Percentile by assets
$117,070
Avg per participant
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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.

  • 99th percentile by assets (of 116,472 plans)
  • #7,574 in Retail Trade (7,620 peers)

Coverage in Massachusetts

Staples, Inc. Employees' 401(k) Savings Plan covers 12,947 participants in Massachusetts, 20x the typical Massachusetts plan (state average ~641 per filing). Assets: $1.5B.

$1.5B
total plan assets (2024 EOY)
12,947
covered participants
99th
percentile by assets (of 116,472 plans)
$117,070
avg assets per participant

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.

See the national 2023→2024 release diff →

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 641 participants across 3,941 plans. Staples, Inc. Employees' 401(k) Savings Plan reports 12,947 participants - 20x that state average ($1.5B EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.5B
Net Income$86M
Employer EIN042896127
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Staples, Inc.)

$1.2B$1.3B$1.4B$1.5B$1.6B 202220232024 $1.28B $1.52B ▲ +18.8%
Total plan assets by year, all Staples, Inc. plans on file
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.

Staples, Inc. Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Staples, Inc. Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -10010203040 Total assets ($B) Participants Staples, Inc. Employ…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…State Street Salary …
Staples, Inc. Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

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 (0.013% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.014% of 89,805,449 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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Staples, Inc. Employees' 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Staples, Inc. Employees' 401(k) Savings Plan assets move in 2024?
Staples, Inc. Employees' 401(k) Savings Plan grew at a solid clip - up 6.0% during 2024, from $1.4B to $1.5B. Reported net income was $86M.
How have Staples, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Staples, Inc.'s sponsor-wide assets grew 18.6%, from $1.3B to $1.5B.
Where does Staples, Inc. Employees' 401(k) Savings Plan rank by assets among Form 5500 filers?
Staples, Inc. Employees' 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 116,472 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 Staples, Inc. Employees' 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Marsh & Mclennan Agency 401(k) Savings & Investment Plan in NY ($1.5B, 11,530 participants).

Next read for Staples, Inc. Employees' 401(k) Savings …

Filing takeaways

Ways to act on Staples, Inc. Employees' 401(k) Savings Plan's numbers.

  • By total assets, Staples, Inc. Employees' 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
  • Staples, Inc.'s sponsor-wide assets have grown 18.6% since 2022 across 3 plan years on file. More Retail Trade plans