401(k) · DOL Form 5500 · 2022

Gusto (Zenpayroll) 401(k) Plan

Data updated 2026-08-25

$71M
Total assets Below avg plan size
2,063
Participants Near avg headcount
91st
Percentile by assets National rank
$34,221
Avg per participant Low balance/head
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Official DOL plan name: Gusto 401(k) Plan · Sponsored by Gusto (Zenpayroll) · California · Professional & Technical Services

$71M in assets, 2,063 participants

Gusto (Zenpayroll)'s Gusto 401(k) Plan reported $71M in total assets and 2,063 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #19,784 in Professional & Technical Services (21,562 peers)

Coverage in California

Gusto 401(k) Plan covers 2,063 participants in California, 3.3x the typical California plan (state average ~630 per filing). Assets: $71M.

#19,784
in Professional & Technical Services (21,562 peers)
+11.1%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Gusto 401(k) Plan's outsized position by total assets

Gusto 401(k) Plan vs every filed plan by assets

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

$70,597,087 Top 9% higher than 91% 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

Gusto 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. Gusto 401(k) Plan lands in the large band (2,063 participants).

EBSA filing schedule strip

Filing strip 453942850 · Gusto (Zenpayroll) PY 2022 · 401(k)

Gusto 401(k) Plan · $71M · 2,063 · 91st

  • VS-ST $71M
  • BOY 2,063
  • SCH 91st
  • EBSA 401(k)
  • PART near Irex Corporation Employees' Savings Incentive Plan
  • TYPE ind #19784

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 Professional & Technical Services retirement plans → · Plans in California →

Gusto 401(k) Plan in the asset neighbourhood

Kulite Semiconductor Products, Inc. Employees' Profit Sharing and Salary Reduction PlanKulite Semiconductor Product…$71MGusto 401(k) Plan$71MIrex Corporation Employees' Savings Incentive PlanIrex Corporation Employees' …$71MM Financial Holdings Incorporated 401(k) PlanM Financial Holdings Incorpo…$71MSwarovski Employee Retirement Savings PlanSwarovski Employee Retiremen…$71M
End-of-year total assets ($M) among Gusto 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$71M
Net Income$7M
Employer EIN453942850
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gusto (Zenpayroll))

Sponsor-wide plan assets over time

All Gusto (Zenpayroll) plans reported in each filing year

Latest sponsor-wide plan assets
$139M 96.21868109090677% vs 2022
2024 filing year
$50M$100M$150M 202220232024 $70.6M $139M ▲ +96.2%
Year Plans Participants Total Assets
2022 1 2,063 $71M
2023 1 2,552 $103M
2024 1 2,422 $139M

Nearby 401(k) Plans in California

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

Gusto 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Gusto 401(k) Plan, Total assets ($B): 0.070597087 · Participants: 2063Gusto 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
Gusto 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Gusto 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Irex Corporation Employees' Savings Incentive Plan in PA ($71M); by covered participants it is Central Ohio Primary Care Physicians, Inc. Savings Plan in OH (2,063 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,063 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 Gusto 401(k) Plan assets move in 2022? ▼
Gusto 401(k) Plan grew at a solid clip - up 11.1% during 2022, from $64M to $71M. Reported net income was $7M.
How have Gusto (Zenpayroll) plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gusto (Zenpayroll)'s sponsor-wide assets grew 96.2%, from $71M to $139M.
Where does Gusto 401(k) Plan rank by assets among Form 5500 filers? ▼
Gusto 401(k) Plan ranks in the 91st 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 Gusto 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Irex Corporation Employees' Savings Incentive Plan in PA ($71M, 202 participants).
Which 401(k) plans cover a similar participant headcount to Gusto 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Central Ohio Primary Care Physicians, Inc. Savings Plan in OH (2,063 participants, $353M 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 453942850.

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.