401(k) · DOL Form 5500 · 2022

Lyft, Inc. 401(k) Plan

Data updated 2026-08-11

$265M
Total assets
3,970
Participants
96th
Percentile by assets
$66,633
Avg per participant
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Official DOL plan name: Lyft 401(k) Plan · Sponsored by Lyft, Inc. · California · Professional & Technical Services

$265M in assets, 3,970 participants

Lyft, Inc.'s Lyft 401(k) Plan reported $265M in total assets and 3,970 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #21,011 in Professional & Technical Services (21,562 peers)

Coverage in California

Lyft 401(k) Plan covers 3,970 participants in California, 6.3x the typical California plan (state average ~630 per filing). Assets: $265M.

$265M
total plan assets (2022 EOY)
3,970
covered participants
96th
percentile by assets (of 139,126 plans)
$66,633
avg assets per participant

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Lyft 401(k) Plan reports 3,970 participants - 6.3x that state average ($265M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$277M
Net Assets (End of Year)$265M
Net Income-$12M
Employer EIN208809830
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lyft, Inc.)

$250M$300M$350M$400M 202220232024 $265M $375M ▲ +41.9%
Total plan assets by year, all Lyft, Inc. plans on file
Year Plans Participants Total Assets
2022 1 3,970 $265M
2023 1 3,559 $320M
2024 1 2,148 $375M

Nearby 401(k) Plans in California

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

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

Lyft 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 Lyft 401(k) PlanWells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Chevron Employee Sav…Intel 401(k) Savings…
Lyft 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Lyft 401(k) Plan assets move in 2022?
Lyft 401(k) Plan edged down modestly - down 4.5% during 2022, from $277M to $265M. Reported net income was -$12M.
How have Lyft, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lyft, Inc.'s sponsor-wide assets grew 41.9%, from $265M to $375M.
Where does Lyft 401(k) Plan rank by assets among Form 5500 filers?
Lyft 401(k) Plan ranks in the 96th percentile by end-of-year assets among 139,126 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 Lyft 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Voluntary Investment Plan for Employees of Lufthansa in NY ($265M, 1,481 participants).

Filing takeaways

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