Netapp Inc 401(k) Plan: Login, Facts & Contact Information

Netapp Inc 401(k) Plan Facts

Plan name
NETAPP, INC. EMPLOYEES' 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions
Plan sponsor
NETAPP INC
Participants
8,778 (5,559 active employees)
Former employees with a balance
3,068
Plan assets
$2,243,100,302 at Dec 31, 2024
Average account balance
$270,808 across 8,283 accounts
Employer contributions
$29,950,073 in plan year 2024 (19% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
May 1, 1998
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window— Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 16, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $161.8 million went into the plan in contributions, $30.0 million of it from the employer (19%).
  • $226.2 million was paid out to participants.
  • Investment and other income added $295.2 million.
  • Administrative expenses were $184,134, about $22 per account.

How the Netapp Inc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20198,578$1.57 billion$29.3 million$118.8 million
20208,696$1.82 billion$30.0 million$152.7 million
20218,667$2.07 billion$30.1 million$183.6 million
20228,859$1.72 billion$31.7 million$117.3 million
20239,379$2.01 billion$30.3 million$200.4 million
20248,778$2.24 billion$30.0 million$226.2 million

Netapp Inc 401(k) Contact Information

Phone
408-822-6000
Mailing address
3060 OLSEN DR, SAN JOSE CA 95128
Plan sponsor
NETAPP INC
Employer identification number (EIN)
77-0307520
Plan number
001

Questions about the Netapp Inc 401(k)

Does Netapp Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $30.0 million, 19% of all contributions.

Does the Netapp Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Netapp Inc 401(k) plan?

8,778 participants at the start of plan year 2024, 5,559 of them active employees, and 3,068 former employees who still had money in the plan.

What is the average 401(k) balance at Netapp Inc?

About $270,808 per account: $2.24 billion in plan assets across 8,283 accounts with a balance at the end of plan year 2024.

Who manages the Netapp Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Netapp Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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