401(k) · DOL Form 5500 · 2022

Clover Health, LLC 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
594
Participants Below avg headcount
80th
Percentile by assets National rank
$39,643
Avg per participant Low balance/head
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Official DOL plan name: Clover Health 401(k) · Sponsored by Clover Health, LLC · California · Finance & Insurance

$24M in assets, 594 participants

Clover Health, LLC's Clover Health 401(k) reported $24M in total assets and 594 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #6,227 in Finance & Insurance (9,261 peers)

Where Clover Health 401(k) sits by assets

Clover Health 401(k) sits in the top quartile of all filed plans by assets, $24M for 594 participants (~$39,643/participant), down 4.0% in 2022.

#6,227
in Finance & Insurance (9,261 peers)
-4.0%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $986K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Clover Health 401(k)'s outsized position by total assets

Clover Health 401(k) vs every filed plan by assets

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

$23,548,110 Top 20% higher than 80% 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

Clover Health 401(k) 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. Clover Health 401(k) sits mid-pack in the medium band (594 participants).

Form 5500 schedule snapshot

Filing strip 383889370 · Clover Health, LLC PY 2022 · 401(k)

Clover Health 401(k) · $24M · 594 · 80th

  • EBSA $24M
  • PART 594
  • TYPE 80th
  • NET 401(k)
  • BOOK near Tlc, Inc. 401(k) Plan
  • VS-ST ind #6227

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 Finance & Insurance retirement plans → · Plans in California →

Clover Health 401(k) in the asset neighbourhood

Clover Health 401(k)$24MTlc, Inc. 401(k) Plan$24MSobel & Co., LLC. Retirement PlanSobel & Co., LLC. Retirement…$24MFmdh 401(k) Retirement Plan & TrustFmdh 401(k) Retirement Plan …$24MHmm (America), Inc. 401(k) Profit Sharing PlanHmm (America), Inc. 401(k) P…$24M
End-of-year total assets ($M) among Clover Health 401(k) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$24M
Net Income-$986K
Employer EIN383889370
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Clover Health, LLC)

Sponsor-wide plan assets over time

All Clover Health, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$41M 72.02563178106438% vs 2022
2024 filing year
$20M$30M$40M$50M 202220232024 $23.6M $40.5M ▲ +72.0%
Year Plans Participants Total Assets
2022 1 594 $24M
2023 1 569 $33M
2024 1 486 $41M

Nearby 401(k) Plans in California

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

Clover Health 401(k) vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Clover Health 401(k), Total assets ($B): 0.02354811 · Participants: 594Clover Health 401(k)Wells 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
Clover Health 401(k) vs. nearby 401(k) plans in California, assets vs. participants
Compare Clover Health 401(k) side-by-side with 3 peers →

Clover Health 401(k)'s out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Tlc, Inc. 401(k) Plan in MD ($24M); by covered participants it is Ses Americom Retirement and Savings Plan in NJ (594 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Similar participant headcount

Nearest other-state filings by covered participants (594 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 Clover Health 401(k) assets move in 2022? ▼
Clover Health 401(k) edged down modestly - down 4.0% during 2022, from $25M to $24M. Reported net income was -$986K.
How have Clover Health, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Clover Health, LLC's sponsor-wide assets grew 72.0%, from $24M to $41M.
Where does Clover Health 401(k) rank by assets among Form 5500 filers? ▼
Clover Health 401(k) ranks in the 80th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Clover Health 401(k)? ▼
Among 401(k) plans in other states, the closest by assets is Tlc, Inc. 401(k) Plan in MD ($24M, 444 participants).
Which 401(k) plans cover a similar participant headcount to Clover Health 401(k)? ▼
Among 401(k) plans in other states, the closest by covered participants is Ses Americom Retirement and Savings Plan in NJ (594 participants, $207M 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 383889370.

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.