401(k) · DOL Form 5500 · 2024
Fortinet, Inc. 401(k) Plan
Data updated 2026-08-11
- $629M
- Total assets
- 3,826
- Participants
- 98th
- Percentile by assets
- $164,347
- Avg per participant
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.
- 98th percentile by assets (of 123,622 plans)
- #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.
- $629M
- total plan assets (2024 EOY)
- 3,826
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $164,347
- avg assets per participant
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.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Fortinet Inc. 401(k) Plan reports 3,826 participants - 6.1x that state average ($629M EOY assets).
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.)
| 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.
Fortinet Inc. 401(k) 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Fortinet Inc. 401(k) Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Fortinet Inc. 401(k) Plan assets move in 2024? ▼
How have Fortinet, Inc. plan assets changed over time? ▼
Where does Fortinet Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
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Next read for Fortinet Inc. 401(k) Plan
Filing takeaways
Ways to act on Fortinet Inc. 401(k) Plan's numbers.
- By total assets, Fortinet Inc. 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Fortinet, Inc.'s sponsor-wide assets have grown 89.5% since 2022 across 3 plan years on file. More Professional & Technical Services plans