401(k) · DOL Form 5500 · 2023
Lyft, Inc. 401(k) Plan
Data updated 2026-08-11
- $320M
- Total assets
- 3,559
- Participants
- 96th
- Percentile by assets
- $90,033
- Avg per participant
Official DOL plan name: Lyft 401(k) Plan · Sponsored by Lyft, Inc. · California · Professional & Technical Services
$320M in assets, 3,559 participants
Lyft, Inc.'s Lyft 401(k) Plan reported $320M in total assets and 3,559 participants in its 2023 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 127,072 plans)
- #19,776 in Professional & Technical Services (20,321 peers)
Coverage in California
Lyft 401(k) Plan covers 3,559 participants in California, 5.6x the typical California plan (state average ~630 per filing). Assets: $320M.
- $320M
- total plan assets (2023 EOY)
- 3,559
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $90,033
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Lyft 401(k) Plan reported net income rose from -$12M in the plan year 2022 filing to $56M in the plan year 2023 filing.
- Lyft 401(k) Plan end-of-year assets rose from $265M in the plan year 2022 filing to $320M in the plan year 2023 filing.
- Lyft 401(k) Plan reported participants fell from 3,970 in the plan year 2022 filing to 3,559 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Lyft 401(k) Plan reports 3,559 participants - 5.6x that state average ($320M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $265M |
|---|---|
| Net Assets (End of Year) | $320M |
| Net Income | $56M |
| Employer EIN | 208809830 |
| Plan Effective Date | 2013-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lyft, Inc.)
| 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
- Wells Fargo & Company 401(k) Plan $51.8B · 193,919
- Google LLC 401(k) Savings Plan $39.0B · 122,867
- Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
- Intel 401(k) Savings Plan $22.2B · 59,863
- Apple 401(k) Plan $19.8B · 106,111
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Lyft 401(k) Plan by total assets, not by location.
- Artisan Partners Holdings LP 401(k) Plan (WI) $320M · 515
- Taylor Morrison 401(k) Savings Plan (AZ) $321M · 2,964
- Academy, Ltd. 401(k) Profit Sharing Plan (TX) $321M · 21,938
- Convergint Technologies LLC 401(k) Profit Sharing Plan (IL) $320M · 5,152
Frequently Asked Questions
How did Lyft 401(k) Plan assets move in 2023? ▼
How have Lyft, Inc. plan assets changed over time? ▼
Where does Lyft 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Lyft 401(k) Plan? ▼
Next read for Lyft 401(k) Plan
Filing takeaways
Ways to act on Lyft 401(k) Plan's numbers.
- By total assets, Lyft 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Lyft, Inc.'s sponsor-wide assets have grown 41.9% since 2022 across 3 plan years on file. More Professional & Technical Services plans