401(k) · DOL Form 5500 · 2024

Netapp Inc 401(k) Plan

Data updated 2026-08-06

$2.2B
Total assets: 5,549
Participants: 99th
Percentile by assets: $404,235
Avg per participant

Official DOL plan name: Netapp, Inc. Employees' 401(k) Savings Plan · Sponsored by Netapp Inc · California · Manufacturing

$2.2B in assets, 5,549 participants

Netapp Inc's Netapp, Inc. Employees' 401(k) Savings Plan reported $2.2B in total assets and 5,549 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)

Coverage in California

Netapp, Inc. Employees' 401(k) Savings Plan covers 5,549 participants in California, 8.7x the typical California plan (state average ~637 per filing). Assets: $2.2B.

$2.2B
total plan assets (2024 EOY): 5,549
covered participants: 99th
percentile by assets (of 116,472 plans): $404,235
avg assets per participant

Netapp, Inc. Employees' 401(k) Savings Plan reported net income fell from $288M in the plan year 2023 filing to $230M in the plan year 2024 filing.
Netapp, Inc. Employees' 401(k) Savings Plan reported participants fell from 6,378 in the plan year 2023 filing to 5,549 in the plan year 2024 filing.
Netapp, Inc. Employees' 401(k) Savings Plan end-of-year assets rose from $2.0B in the plan year 2023 filing to $2.2B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

California

Industry

Manufacturing

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Netapp, Inc. Employees' 401(k) Savings Plan reports 5,549 participants - 8.7x that state average ($2.2B EOY assets).

California filing particulars

Total Assets (Beginning of Year)	$2.0B
Net Assets (End of Year)	$2.2B
Net Income	$230M
Employer EIN	770307520
Plan Effective Date	1998-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Netapp Inc)

Total plan assets by year, all Netapp Inc plans on file

Year	Plans	Participants	Total Assets
2022	1	5,901	$1.7B
2023	1	6,378	$2.0B
2024	1	5,549	$2.2B

Nearby 401(k) Plans in California

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

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

Google LLC 401(k) Savings Plan $48.7B · 116,712
Oracle Corporation 401(k) Savings and Investment Plan $31.0B · 58,962
Intel 401(k) Savings Plan $24.9B · 55,298
Apple 401(k) Plan $24.7B · 101,450
Cisco Systems,Inc. 401(k) Plan $22.7B · 40,452

Compare Netapp, Inc. Employees' 401(k) Savings P… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

The Mgm Resorts 401(k) Savings Plan (NV) $2.2B · 37,719
Empower Retirement, LLC 401(k) Savings Plan (CO) $2.2B · 10,185
Park Nicollet Health Services 401(k) Retirement Savings Plan (MN) $2.2B · 8,360
Rock Holdings & Associated Companies Savings Plan (MI) $2.2B · 15,298

Frequently Asked Questions

How did Netapp, Inc. Employees' 401(k) Savings Plan assets move in 2024? ▼

Netapp, Inc. Employees' 401(k) Savings Plan grew at a solid clip - up 11.5% during 2024, from $2.0B to $2.2B. Reported net income was $230M.

How have Netapp Inc plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Netapp Inc's sponsor-wide assets grew 30.1%, from $1.7B to $2.2B.

Where does Netapp, Inc. Employees' 401(k) Savings Plan rank by assets among Form 5500 filers? ▼

Netapp, 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 Netapp, Inc. Employees' 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is The Mgm Resorts 401(k) Savings Plan in NV ($2.2B, 37,719 participants).

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

Filing takeaways

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

By total assets, Netapp, 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 California. Compare plans
Netapp Inc's sponsor-wide assets have grown 30.1% since 2022 across 3 plan years on file. More Manufacturing plans

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 770307520.

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.