Plan5500

Staples, Inc. Employees' 401(K) Savings Plan — Form 5500 plan (Staples, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Staples, Inc. Employees' 401(K) Savings Plan is a benefit plan reported by Staples, Inc. under EIN 04-2896127 and plan number 002. The latest loaded filing year is 2023. The filing reports 20,846 participants and $1,429,615,857 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Staples, Inc.
EIN
04-2896127
Plan number
002
Plan type
2
Location
Framingham, MA
Latest filing year
2023
Participants
20,846
End-of-year plan assets
$1,429,615,857

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202320,846H, C20241014162252NAL0013614115001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,429,615,857
Total liabilities (EOY)
$0
Net assets (EOY)
$1,429,615,857
Net assets (BOY)
$1,278,341,558

Income & contributions

Employer contributions
$17,689,721
Participant contributions
$59,705,118
Total contributions
$82,414,789
Total income / additions
$308,564,433

Expenses & distributions

Benefits paid
$156,176,427
Administrative expenses
$914,849
Total expenses
$157,290,134
Net increase / (decrease)
$151,274,299

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ONONE$912,149$02023

Related Form 5500 pages