401(k) · DOL Form 5500 · 2024
Fortinet, Inc. 401(k) Plan
Data updated 2026-08-25
- $629M
- Total assets Above avg plan size
- 3,826
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $164,347
- Avg per participant Above avg balance/head
Official DOL plan name: Fortinet Inc. 401(k) Plan · Sponsored by Fortinet, Inc. · California · Professional & Technical Services
$629M in assets, 3,826 participants
Fortinet, Inc.'s Fortinet Inc. 401(k) Plan reported $629M in total assets and 3,826 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- #19,850 in Professional & Technical Services (20,173 peers)
Coverage in California
Fortinet Inc. 401(k) Plan covers 3,826 participants in California, 6.1x the typical California plan (state average ~630 per filing). Assets: $629M.
- #19,850
- in Professional & Technical Services (20,173 peers)
- +31.3%
- assets growth YoY
- 6.3×
- vs typical plan assets (national mean)
Fortinet Inc. 401(k) Plan's outsized position by total assets
Fortinet Inc. 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$628,789,807 Top 2% higher than 98% 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
Fortinet Inc. 401(k) Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Fortinet Inc. 401(k) Plan lands in the large band (3,826 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Fortinet Inc. 401(k) Plan end-of-year assets rose from $479M in the plan year 2023 filing to $629M in the plan year 2024 filing.
- Fortinet Inc. 401(k) Plan reported participants rose from 3,751 in the plan year 2023 filing to 3,826 in the plan year 2024 filing.
- Fortinet Inc. 401(k) Plan reported net income rose from $147M in the plan year 2023 filing to $150M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 770560389 · Fortinet, Inc. PY 2024 · 401(k)
Fortinet Inc. 401(k) Plan · $629M · 3,826 · 98th
- ASSETS $629M
- ASSETS 3,826
- ASSETS 98th
- ASSETS 401(k)
- ASSETS near Southstate Bank 401(k) Retirement Savings Plan
- ASSETS ind #19850
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 Professional & Technical Services retirement plans → · Plans in California →
Fortinet Inc. 401(k) Plan in the asset neighbourhood
California filing particulars
| Total Assets (Beginning of Year) | $479M |
|---|---|
| Net Assets (End of Year) | $629M |
| Net Income | $150M |
| Employer EIN | 770560389 |
| Plan Effective Date | 2003-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Fortinet, Inc.)
Sponsor-wide plan assets over time
All Fortinet, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $629M 89.47033342461886% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,126 | $332M |
| 2023 | 1 | 3,751 | $479M |
| 2024 | 1 | 3,826 | $629M |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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
Fortinet Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside California, the nearest 401(k) by assets is Southstate Bank 401(k) Retirement Savings Plan in FL ($629M); by covered participants it is Marten Transport Retirement Savings Plan in WI (3,824 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($629M here).
- Southstate Bank 401(k) Retirement Savings Plan (FL) $629M · 5,297
- Owens Corning Savings and Security Plan (OH) $629M · 5,544
- Intelsat 401(k) Retirement Savings Plan (VA) $628M · 1,575
- Baker Donelson Bearman Caldwell & Berkowitz Retirement Savings Plan (TN) $628M · 1,105
Similar participant headcount
Nearest other-state filings by covered participants (3,826 participants); asset peers above are excluded.
- Marten Transport Retirement Savings Plan (WI) 3,824 · 2 off
- Apogee Enterprises, Inc. 401(k) Retirement Plan (MN) 3,828 · 2 off
- Colas Inc. and Subsidiaries 401(k) Savings Plan (NJ) 3,829 · 3 off
- Mvhs, Inc. 401(k) Plan (NY) 3,823 · 3 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.