401(k) · DOL Form 5500 · 2023
Duolingo, Inc. 401(k) Plan
Data updated 2026-08-25
- $65M
- Total assets Below avg plan size
- 606
- Participants Below avg headcount
- 88th
- Percentile by assets National rank
- $107,427
- Avg per participant Below avg balance/head
Official DOL plan name: Duolingo Retirement Trust · Sponsored by Duolingo, Inc. · Pennsylvania · Professional & Technical Services
$65M in assets, 606 participants
Duolingo, Inc.'s Duolingo Retirement Trust reported $65M in total assets and 606 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.
- #18,137 in Professional & Technical Services (20,321 peers)
Where Duolingo Retirement Trust sits by assets
Duolingo Retirement Trust sits in the top quartile of all filed plans by assets, $65M for 606 participants (~$107,427/participant), up 62.2% in 2023.
- #18,137
- in Professional & Technical Services (20,321 peers)
- +62.2%
- assets growth YoY
- 0.7×
- vs typical plan assets (national mean)
Duolingo Retirement Trust's outsized position by total assets
Duolingo Retirement Trust vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$65,100,899 Top 12% higher than 88% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Duolingo Retirement Trust among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Duolingo Retirement Trust sits mid-pack in the medium band (606 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Duolingo Retirement Trust reported net income rose from $6M in the plan year 2022 filing to $25M in the plan year 2023 filing.
- Duolingo Retirement Trust end-of-year assets rose from $40M in the plan year 2022 filing to $65M in the plan year 2023 filing.
- Duolingo Retirement Trust reported participants rose from 466 in the plan year 2022 filing to 606 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 453055872 · Duolingo, Inc. PY 2023 · 401(k)
Duolingo Retirement Trust · $65M · 606 · 88th
- EBSA $65M
- EBSA 606
- EBSA 88th
- EBSA 401(k)
- EBSA near Earnhardt's Savings Plan
- EBSA ind #18137
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 Pennsylvania →
Duolingo Retirement Trust in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $40M |
|---|---|
| Net Assets (End of Year) | $65M |
| Net Income | $25M |
| Employer EIN | 453055872 |
| Plan Effective Date | 2014-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Duolingo, Inc.)
Sponsor-wide plan assets over time
All Duolingo, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $94M 135.2357566276666% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 466 | $40M |
| 2023 | 1 | 606 | $65M |
| 2024 | 1 | 666 | $94M |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
- Cigna 401(k) Plan $13.0B · 66,760
- The Vanguard Retirement and Savings Plan $9.8B · 18,200
- The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
- The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184
Duolingo Retirement Trust's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is Earnhardt's Savings Plan in AZ ($65M); by covered participants it is Wgi, Inc. 401(k) Plan in FL (606 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($65M here).
- Earnhardt's Savings Plan (AZ) $65M · 1,643
- Clark Nuber P.S. Retirement Savings Plan (WA) $65M · 284
- Emi, P.a. 401(k) Profit Sharing Plan (ID) $65M · 68
- Ematb, LLC Retirement Plan (FL) $65M · 126
Similar participant headcount
Nearest other-state filings by covered participants (606 participants); asset peers above are excluded.
- Wgi, Inc. 401(k) Plan (FL) 606 · 0 off
- Isco Industries Inc. Retirement Savings Plan (KY) 606 · 0 off
- Russell Lands 401(k) Retirement Savings/Profit Sharing Plan (AL) 606 · 0 off
- Torgerson Properties Retirement Savings Plan (MN) 606 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.