401(k) · DOL Form 5500 · 2022

Shopify (USA), Inc. 401(k) Plan

Data updated 2026-08-25

$82M
Total assets Below avg plan size
1,842
Participants Near avg headcount
92nd
Percentile by assets National rank
$44,251
Avg per participant Low balance/head
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Official DOL plan name: Shopify (USA), Inc. 401(k) Plan · Sponsored by Shopify (USA), Inc. · California · Information & Media

$82M in assets, 1,842 participants

Shopify (USA), Inc.'s Shopify (USA), Inc. 401(k) Plan reported $82M in total assets and 1,842 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • #2,549 in Information & Media (2,911 peers)

Coverage in California

Shopify (USA), Inc. 401(k) Plan covers 1,842 participants in California, 2.9x the typical California plan (state average ~630 per filing). Assets: $82M.

#2,549
in Information & Media (2,911 peers)
+72.0%
assets growth YoY
0.8×
vs typical plan assets (national mean)

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

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

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

$81,511,110 Top 8% higher than 92% 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

Shopify (USA), Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shopify (USA), Inc. 401(k) Plan lands in the large band (1,842 participants).

Plan-year Form 5500 strip

Filing strip 471039071 · Shopify (USA), Inc. PY 2022 · 401(k)

Shopify (USA), Inc. 401(k) Plan · $82M · 1,842 · 92nd

  • RANK $82M
  • PHOTO 1,842
  • IND 92nd
  • EOY 401(k)
  • 5500 near Kolbe & Kolbe Millwork Co., Inc. Retirement Savings Plan
  • ASSETS ind #2549

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 Information & Media retirement plans → · Plans in California →

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

Lansing Building Products, LLC 401(k) PlanLansing Building Products, L…$82MShopify (USA), Inc. 401(k) PlanShopify (USA), Inc. 401(k) P…$82MKolbe & Kolbe Millwork Co., Inc. Retirement Savings PlanKolbe & Kolbe Millwork Co., …$82MThe Retirement Savings Plan for Employees of the Rockefeller FoundationThe Retirement Savings Plan …$81MBaird Holm LLP Profit Sharing PlanBaird Holm LLP Profit Sharin…$81M
End-of-year total assets ($M) among Shopify (USA), Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$82M
Net Income$34M
Employer EIN471039071
Plan Effective Date2018-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shopify (USA), Inc.)

Sponsor-wide plan assets over time

All Shopify (USA), Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$176M 115.56527570290724% vs 2022
2024 filing year
$50M$100M$150M$200M 202220232024 $81.5M $176M ▲ +115.6%
Year Plans Participants Total Assets
2022 1 1,842 $82M
2023 1 2,482 $121M
2024 1 1,670 $176M

Nearby 401(k) Plans in California

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

Shopify (USA), Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Shopify (USA), Inc. 401(k) Plan, Total assets ($B): 0.08151111 · Participants: 1842Shopify (USA), Inc. 401(k) 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
Shopify (USA), Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Shopify (USA), Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Kolbe & Kolbe Millwork Co., Inc. Retirement Savings Plan in WI ($82M); by covered participants it is Deferred Profit-Sharing Plan for Hourly Employees in VA (1,843 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,842 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 Shopify (USA), Inc. 401(k) Plan assets move in 2022? ▼
Shopify (USA), Inc. 401(k) Plan surged - up 72.0% during 2022, from $47M to $82M. Reported net income was $34M.
How have Shopify (USA), Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shopify (USA), Inc.'s sponsor-wide assets grew 115.6%, from $82M to $176M.
Where does Shopify (USA), Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Shopify (USA), Inc. 401(k) Plan ranks in the 92nd 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 Shopify (USA), Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kolbe & Kolbe Millwork Co., Inc. Retirement Savings Plan in WI ($82M, 884 participants).
Which 401(k) plans cover a similar participant headcount to Shopify (USA), Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Deferred Profit-Sharing Plan for Hourly Employees in VA (1,843 participants, $892M 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 471039071.

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.