401(k) · DOL Form 5500 · 2022

Block, Inc. 401(k) Plan

Data updated 2026-08-06

$575M
Total assets
7,210
Participants
98th
Percentile by assets
$79,704
Avg per participant
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Official DOL plan name: Block 401(k) Plan · Sponsored by Block, Inc. · California · Professional & Technical Services

$575M in assets, 7,210 participants

Block, Inc.'s Block 401(k) Plan reported $575M in total assets and 7,210 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,258 plans)
  • #21,314 in Professional & Technical Services (21,577 peers)

Coverage in California

Block 401(k) Plan covers 7,210 participants in California, 11x the typical California plan (state average ~637 per filing). Assets: $575M.

$575M
total plan assets (2022 EOY)
7,210
covered participants
98th
percentile by assets (of 139,258 plans)
$79,704
avg assets per participant

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Block 401(k) Plan reports 7,210 participants - 11x that state average ($575M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$490M
Net Assets (End of Year)$575M
Net Income$84M
Employer EIN800429876
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Block, Inc.)

$0.5B$1B$1.5B 202220232024 $0.57B $1.24B ▲ +117.5%
Total plan assets by year, all Block, Inc. plans on file
Year Plans Participants Total Assets
2022 1 7,210 $575M
2023 1 9,358 $924M
2024 1 9,841 $1.2B

Nearby 401(k) Plans in California

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

Block 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Block 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -1001020304050 Total assets ($B) Participants Block 401(k) PlanWells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Chevron Employee Sav…Intel 401(k) Savings…
Block 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Block 401(k) Plan

Block 401(k) Plan reports $575M in end-of-year assets across 7,210 participants (0.005% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.008% of 89,805,449 covered participants) - about $79,704 per participant (58% of the national average assets-per-participant) . Net income for plan year 2022 was $84M.

This plan identity (EIN 800429876, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $575M to $1.2B (+114.9%) while covered participants moved from 7,210 to 9,841 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,210 $575M This page
2023 9,358 $924M Open filing
2024 · index core 9,841 $1.2B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Block 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Block 401(k) Plan assets move in 2022?
Block 401(k) Plan grew sharply - up 17.2% during 2022, from $490M to $575M. Reported net income was $84M.
How have Block, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Block, Inc.'s sponsor-wide assets grew 114.9%, from $575M to $1.2B.
Where does Block 401(k) Plan rank by assets among Form 5500 filers?
Block 401(k) Plan ranks in the 98th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Block 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Envoy Air Inc. 401(k) Plan in TX ($575M, 20,906 participants).

Filing takeaways

Ways to act on Block 401(k) Plan's numbers.