401(k) · DOL Form 5500 · 2022

Remitly, Inc. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
434
Participants Below avg headcount
79th
Percentile by assets National rank
$50,137
Avg per participant Low balance/head
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Official DOL plan name: Remitly, Inc. 401(k) Plan · Sponsored by Remitly, Inc. · Washington · Finance & Insurance

$22M in assets, 434 participants

Remitly, Inc.'s Remitly, Inc. 401(k) Plan reported $22M in total assets and 434 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • #6,069 in Finance & Insurance (9,261 peers)

Coverage in Washington

Remitly, Inc. 401(k) Plan covers 434 participants in Washington, about 29% of the average Washington filer (state average ~1,476 per filing). Assets: $22M.

#6,069
in Finance & Insurance (9,261 peers)
+36.1%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Remitly, Inc. 401(k) Plan's outsized position by total assets

Remitly, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$21,759,657 Top 21% higher than 79% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Remitly, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Remitly, Inc. 401(k) Plan sits mid-pack in the medium band (434 participants).

DOL schedule card

Filing strip 452441988 · Remitly, Inc. PY 2022 · 401(k)

Remitly, Inc. 401(k) Plan · $22M · 434 · 79th

  • EIN $22M
  • EIN 434
  • EIN 79th
  • EIN 401(k)
  • EIN near Good Place Holdings Co. Retirement Plan
  • EIN ind #6069

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 Finance & Insurance retirement plans → · Plans in Washington →

Remitly, Inc. 401(k) Plan in the asset neighbourhood

Remitly, Inc. 401(k) Plan$22MGood Place Holdings Co. Retirement PlanGood Place Holdings Co. Reti…$22MNewton Wellesley Orthopedic Associates, Inc. Retirement PlanNewton Wellesley Orthopedic …$22MNedelco, Inc. 401(k) Retirement PlanNedelco, Inc. 401(k) Retirem…$22MSur-Seal 401(k) Retirement Savings PlanSur-Seal 401(k) Retirement S…$22M
End-of-year total assets ($M) among Remitly, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Washington filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$22M
Net Income$6M
Employer EIN452441988
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Remitly, Inc.)

Sponsor-wide plan assets over time

All Remitly, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$57M 162.38858452594172% vs 2022
2024 filing year
$0M$20M$40M$60M$80M 202220232024 $21.8M $57.1M ▲ +162.4%
Year Plans Participants Total Assets
2022 1 434 $22M
2023 1 589 $37M
2024 1 731 $57M

Nearby 401(k) Plans in Washington

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Remitly, Inc. 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Remitly, Inc. 401(k) Plan, Total assets ($B): 0.021759657 · Participants: 434Remitly, Inc. 401(k) PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 63.503643295 · Participants: 118434The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 39.602667639 · Participants: 109797Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 25.912962472 · Participants: 181505Costco 401(k) Retirement PlanAmazon 401(k) Plan, Total assets ($B): 17.732345025 · Participants: 1230308Amazon 401(k) PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 7.280031396 · Participants: 75797T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust
Remitly, Inc. 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Remitly, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Good Place Holdings Co. Retirement Plan in OH ($22M); by covered participants it is Emprise Bank 401(k) Plan in KS (434 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (434 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Remitly, Inc. 401(k) Plan assets move in 2022?
Remitly, Inc. 401(k) Plan surged - up 36.1% during 2022, from $16M to $22M. Reported net income was $6M.
How have Remitly, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Remitly, Inc.'s sponsor-wide assets grew 162.4%, from $22M to $57M.
Where does Remitly, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Remitly, Inc. 401(k) Plan ranks in the 79th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Remitly, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Good Place Holdings Co. Retirement Plan in OH ($22M, 260 participants).
Which 401(k) plans cover a similar participant headcount to Remitly, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Emprise Bank 401(k) Plan in KS (434 participants, $41M in assets).