Plan5500

Netapp, Inc. Employees' 401(K) Savings Plan — Form 5500 plan (Netapp 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, Netapp, Inc. Employees' 401(K) Savings Plan is a benefit plan reported by Netapp Inc under EIN 77-0307520 and plan number 001. The latest loaded filing year is 2023. The filing reports 9,379 participants and $2,012,607,411 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Netapp Inc
EIN
77-0307520
Plan number
001
Plan type
2
Location
San Jose, CA
Latest filing year
2023
Participants
9,379
End-of-year plan assets
$2,012,607,411

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20239,379H, C20241014150714NAL0027657649001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,012,607,411
Total liabilities (EOY)
$0
Net assets (EOY)
$2,012,607,411
Net assets (BOY)
$1,723,911,930

Income & contributions

Employer contributions
$30,302,132
Participant contributions
$111,602,223
Total contributions
$155,008,239
Total income / additions
$488,395,853

Expenses & distributions

Benefits paid
$200,430,472
Administrative expenses
$276,573
Total expenses
$200,792,049
Net increase / (decrease)
$287,603,804

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$276,573$02023

Related Form 5500 pages