401(k) · DOL Form 5500 · 2022

Upwork Inc. 401(k) Plan

Data updated 2026-08-25

$67M
Total assets Below avg plan size
644
Participants Below avg headcount
90th
Percentile by assets National rank
$103,701
Avg per participant Below avg balance/head
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Official DOL plan name: Upwork Retirement Savings Plan · Sponsored by Upwork Inc. · California · Administrative & Support Services

$67M in assets, 644 participants

Upwork Inc.'s Upwork Retirement Savings Plan reported $67M in total assets and 644 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #4,716 in Administrative & Support Services (4,927 peers)

Where Upwork Retirement Savings Plan sits by assets

Upwork Retirement Savings Plan sits in the top 10% of all filed plans by assets, $67M for 644 participants (~$103,701/participant), down 2.1% in 2022.

#4,716
in Administrative & Support Services (4,927 peers)
-2.1%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Upwork Retirement Savings Plan's outsized position by total assets

Upwork Retirement Savings Plan vs every filed plan by assets

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

$66,783,532 Top 10% higher than 90% 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

Upwork Retirement Savings 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. Upwork Retirement Savings Plan sits mid-pack in the medium band (644 participants).

DOL schedule card

Filing strip 464337682 · Upwork Inc. PY 2022 · 401(k)

Upwork Retirement Savings Plan · $67M · 644 · 90th

  • EIN $67M
  • EIN 644
  • EIN 90th
  • EIN 401(k)
  • EIN near Oracle Financial Services Software Inc. 401(k) Profit Sharing Plan
  • EIN ind #4716

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 Administrative & Support Services retirement plans → · Plans in California →

Upwork Retirement Savings Plan in the asset neighbourhood

Meridian Industries, Inc. Retirement PlanMeridian Industries, Inc. Re…$67MUpwork Retirement Savings PlanUpwork Retirement Savings Pl…$67MOracle Financial Services Software Inc. 401(k) Profit Sharing PlanOracle Financial Services So…$67MOxbo International Retirement Savings PlanOxbo International Retiremen…$67MHuman Resources, Inc. Retirement Savings PlanHuman Resources, Inc. Retire…$67M
End-of-year total assets ($M) among Upwork Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$67M
Net Income-$1M
Employer EIN464337682
Plan Effective Date2014-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Upwork Inc.)

Sponsor-wide plan assets over time

All Upwork Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$122M 82.3684228021962% vs 2022
2024 filing year
$60M$80M$100M$120M$140M 202220232024 $66.8M $122M ▲ +82.4%
Year Plans Participants Total Assets
2022 1 644 $67M
2023 1 867 $93M
2024 1 792 $122M

Nearby 401(k) Plans in California

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

Upwork Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Upwork Retirement Savings Plan, Total assets ($B): 0.066783532 · Participants: 644Upwork Retirement Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Upwork Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Upwork Retirement Savings Plan side-by-side with 3 peers →

Upwork Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Oracle Financial Services Software Inc. 401(k) Profit Sharing Plan in NJ ($67M); by covered participants it is Grand Itasca Clinic & Hospital 401(k) Plan and Trust in MN (644 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (644 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 Upwork Retirement Savings Plan assets move in 2022? ▼
Upwork Retirement Savings Plan edged down modestly - down 2.1% during 2022, from $68M to $67M. Reported net income was -$1M.
How have Upwork Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Upwork Inc.'s sponsor-wide assets grew 82.4%, from $67M to $122M.
Where does Upwork Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Upwork Retirement Savings Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Upwork Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Oracle Financial Services Software Inc. 401(k) Profit Sharing Plan in NJ ($67M, 292 participants).
Which 401(k) plans cover a similar participant headcount to Upwork Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Grand Itasca Clinic & Hospital 401(k) Plan and Trust in MN (644 participants, $84M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 464337682.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.