401(k) · DOL Form 5500 · 2023

Q2 Holdings, Inc. 401(k) Plan

Data updated 2026-08-11

$171M
Total assets
1,849
Participants
94th
Percentile by assets
$92,602
Avg per participant
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Official DOL plan name: Q2 Holdings, Inc. 401(k) Plan · Sponsored by Q2 Holdings, Inc. · Texas · Professional & Technical Services

$171M in assets, 1,849 participants

Q2 Holdings, Inc.'s Q2 Holdings, Inc. 401(k) Plan reported $171M in total assets and 1,849 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #19,370 in Professional & Technical Services (20,321 peers)

Coverage in Texas

Q2 Holdings, Inc. 401(k) Plan covers 1,849 participants in Texas, 2.7x the typical Texas plan (state average ~688 per filing). Assets: $171M.

$171M
total plan assets (2023 EOY)
1,849
covered participants
94th
percentile by assets (of 127,072 plans)
$92,602
avg assets per participant

Where Q2 Holdings, Inc. 401(k) Plan sits by total assets

Q2 Holdings, Inc. 401(k) Plan vs every filed plan by assets

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

$171,220,711 Top 6% higher than 94% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Q2 Holdings, Inc. 401(k) Plan reported net income rose from $2M in the plan year 2022 filing to $45M in the plan year 2023 filing.
  • Q2 Holdings, Inc. 401(k) Plan end-of-year assets rose from $126M in the plan year 2022 filing to $171M in the plan year 2023 filing.
  • Q2 Holdings, Inc. 401(k) Plan reported participants rose from 1,691 in the plan year 2022 filing to 1,849 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Texas
Industry
Professional & Technical Services

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Q2 Holdings, Inc. 401(k) Plan reports 1,849 participants - 2.7x that state average ($171M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$126M
Net Assets (End of Year)$171M
Net Income$45M
Employer EIN202706637
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Q2 Holdings, Inc.)

$100M$150M$200M$250M 202220232024 $126M $219M ▲ +73.6%
Total plan assets by year, all Q2 Holdings, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,691 $126M
2023 1 1,849 $171M
2024 1 1,712 $219M

Nearby 401(k) Plans in Texas

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

Q2 Holdings, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Q2 Holdings, Inc. 40…, Total assets ($B): 0.171220711 · Participants: 1849Q2 Holdings, Inc. 40…AT&T Retirement Savi…, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savi…Exxonmobil Savings P…, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings P…Caterpillar 401(k) S…, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) S…American Airlines, I…, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, I…Dell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Q2 Holdings, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Q2 Holdings, Inc. 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Q2 Holdings, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Q2 Holdings, Inc. 401(k) Plan assets move in 2023? ▼
Q2 Holdings, Inc. 401(k) Plan surged - up 35.6% during 2023, from $126M to $171M. Reported net income was $45M.
How have Q2 Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Q2 Holdings, Inc.'s sponsor-wide assets grew 73.6%, from $126M to $219M.
Where does Q2 Holdings, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Q2 Holdings, Inc. 401(k) Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Q2 Holdings, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is 401(k) Savings Plan for Employees of Evraz NA in IL ($171M, 797 participants).

Next read for Q2 Holdings, Inc. 401(k) Plan

Filing takeaways

Ways to act on Q2 Holdings, Inc. 401(k) Plan's numbers.

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 202706637.

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.