401(k) · DOL Form 5500 · 2023

Hims, Inc. 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
631
Participants Below avg headcount
79th
Percentile by assets National rank
$47,718
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hims 401(k) Plan · Sponsored by Hims, Inc. · California · Retail Trade

$30M in assets, 631 participants

Hims, Inc.'s Hims 401(k) Plan reported $30M in total assets and 631 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #7,382 in Retail Trade (8,414 peers)

Where Hims 401(k) Plan sits by assets

Hims 401(k) Plan sits in the top quartile of all filed plans by assets, $30M for 631 participants (~$47,718/participant), up 111.5% in 2023.

#7,382
in Retail Trade (8,414 peers)
+111.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

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

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

$30,110,220 Top 21% higher than 79% 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

Hims 401(k) Plan 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. Hims 401(k) Plan sits mid-pack in the medium band (631 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hims 401(k) Plan reported net income rose from $5M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Hims 401(k) Plan end-of-year assets rose from $14M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Hims 401(k) Plan reported participants rose from 375 in the plan year 2022 filing to 631 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 821928388 · Hims, Inc. PY 2023 · 401(k)

Hims 401(k) Plan · $30M · 631 · 79th

  • PHOTO $30M
  • IND 631
  • EOY 79th
  • 5500 401(k)
  • ASSETS near Vendavo 401(k) Plan
  • PCT ind #7382

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 Retail Trade retirement plans → · Plans in California →

Hims 401(k) Plan in the asset neighbourhood

Hims 401(k) Plan$30MVendavo 401(k) Plan$30MEne Systems Inc. Profit Sharing PlanEne Systems Inc. Profit Shar…$30MRiley Safer Holmes & Cancila Retirement PlanRiley Safer Holmes & Cancila…$30MSteel King Industries Inc. Employees Savings PlanSteel King Industries Inc. E…$30M
End-of-year total assets ($M) among Hims 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$30M
Net Income$16M
Employer EIN821928388
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hims, Inc.)

Sponsor-wide plan assets over time

All Hims, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$54M 280.740327341236% vs 2022
2024 filing year
$0M$20M$40M$60M 202220232024 $14.2M $54.2M ▲ +280.7%
Year Plans Participants Total Assets
2022 1 375 $14M
2023 1 631 $30M
2024 1 919 $54M

Nearby 401(k) Plans in California

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

Hims 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Hims 401(k) Plan, Total assets ($B): 0.03011022 · Participants: 631Hims 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
Hims 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

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

Outside California, the nearest 401(k) by assets is Vendavo 401(k) Plan in CO ($30M); by covered participants it is Amor Home Care Inc 401(k) Plan in NY (631 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($30M here).

Similar participant headcount

Nearest other-state filings by covered participants (631 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 Hims 401(k) Plan assets move in 2023?
Hims 401(k) Plan surged - up 111.5% during 2023, from $14M to $30M. Reported net income was $16M.
How have Hims, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hims, Inc.'s sponsor-wide assets grew 280.7%, from $14M to $54M.
Where does Hims 401(k) Plan rank by assets among Form 5500 filers?
Hims 401(k) Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hims 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Vendavo 401(k) Plan in CO ($30M, 152 participants).
Which 401(k) plans cover a similar participant headcount to Hims 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Amor Home Care Inc 401(k) Plan in NY (631 participants, $2M in assets).