401(k) · DOL Form 5500 · 2023

Lyft, Inc. 401(k) Plan

Data updated 2026-08-25

$320M
Total assets Above avg plan size
3,559
Participants Above avg headcount
96th
Percentile by assets National rank
$90,033
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#19,776
in Professional & Technical Services (20,321 peers)
+21.1%
assets growth YoY
3.2×
vs typical plan assets (national mean)

Lyft 401(k) Plan's outsized position by total assets

Lyft 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$320,427,354 Top 4% higher than 96% of 127,068 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 2023

Lyft 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lyft 401(k) Plan lands in the large band (3,559 participants).

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 208809830 · Lyft, Inc. PY 2023 · 401(k)

Lyft 401(k) Plan · $320M · 3,559 · 96th

  • PCT $320M
  • PCT 3,559
  • PCT 96th
  • PCT 401(k)
  • PCT near Artisan Partners Holdings LP 401(k) Plan
  • PCT ind #19776

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 California →

Lyft 401(k) Plan in the asset neighbourhood

Academy, Ltd. 401(k) Profit Sharing PlanAcademy, Ltd. 401(k) Profit …$321MTaylor Morrison 401(k) Savings PlanTaylor Morrison 401(k) Savin…$321MLyft 401(k) Plan$320MArtisan Partners Holdings LP 401(k) PlanArtisan Partners Holdings LP…$320MConvergint Technologies LLC 401(k) Profit Sharing PlanConvergint Technologies LLC …$320M
End-of-year total assets ($M) among Lyft 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$265M
Net Assets (End of Year)$320M
Net Income$56M
Employer EIN208809830
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lyft, Inc.)

Sponsor-wide plan assets over time

All Lyft, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$375M 41.878554463274874% vs 2022
2024 filing year
$250M$300M$350M$400M 202220232024 $265M $375M ▲ +41.9%
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 Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Lyft 401(k) Plan, Total assets ($B): 0.320427354 · Participants: 3559Lyft 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Lyft 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Lyft 401(k) Plan side-by-side with 3 peers →

Lyft 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Artisan Partners Holdings LP 401(k) Plan in WI ($320M); by covered participants it is Wec Energy Group Employee Retirement Savings Plan in WI (3,558 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($320M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,559 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lyft 401(k) Plan assets move in 2023? ▼
Lyft 401(k) Plan grew sharply - up 21.1% during 2023, from $265M to $320M. Reported net income was $56M.
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 127,072 plans that reported assets for plan year 2023 (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 Artisan Partners Holdings LP 401(k) Plan in WI ($320M, 515 participants).
Which 401(k) plans cover a similar participant headcount to Lyft 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Wec Energy Group Employee Retirement Savings Plan in WI (3,558 participants, $1.8B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 208809830.

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.