401(k) · DOL Form 5500 · 2023
Block, Inc. 401(k) Plan
Data updated 2026-08-11
- $924M
- Total assets
- 9,358
- Participants
- 98th
- Percentile by assets
- $98,750
- Avg per participant
Official DOL plan name: Block 401(k) Plan · Sponsored by Block, Inc. · California · Professional & Technical Services
$924M in assets, 9,358 participants
Block, Inc.'s Block 401(k) Plan reported $924M in total assets and 9,358 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #20,118 in Professional & Technical Services (20,321 peers)
Coverage in California
Block 401(k) Plan covers 9,358 participants in California, 15x the typical California plan (state average ~630 per filing). Assets: $924M.
- $924M
- total plan assets (2023 EOY)
- 9,358
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $98,750
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Block 401(k) Plan reported net income rose from $84M in the plan year 2022 filing to $349M in the plan year 2023 filing.
- Block 401(k) Plan end-of-year assets rose from $575M in the plan year 2022 filing to $924M in the plan year 2023 filing.
- Block 401(k) Plan reported participants rose from 7,210 in the plan year 2022 filing to 9,358 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Block 401(k) Plan reports 9,358 participants - 15x that state average ($924M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $575M |
|---|---|
| Net Assets (End of Year) | $924M |
| Net Income | $349M |
| Employer EIN | 800429876 |
| Plan Effective Date | 2010-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Block, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 7,210 | $575M |
| 2023 | 1 | 9,358 | $924M |
| 2024 | 1 | 9,841 | $1.2B |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Block 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
Scale composition for Block 401(k) Plan
Block 401(k) Plan reports $924M in end-of-year assets across 9,358 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $98,750 per participant (71% of the national average assets-per-participant) . Net income for plan year 2023 was $349M.
This plan identity (EIN 800429876, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $575M to $1.2B (+114.9%) while covered participants moved from 7,210 to 9,841 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,210 | $575M | Open filing |
| 2023 | 9,358 | $924M | This page |
| 2024 · index core | 9,841 | $1.2B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Block 401(k) Plan (401(k), $1.2B, 9,841 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Block 401(k) Plan by total assets, not by location.
- Smiths Group Incentive Savings Plan (DC) $923M · 5,382
- Citgo Petroleum Corporation Employees' Retirement and Savings Plan (TX) $925M · 2,221
- Guidehouse Inc. Retirement Plan (VA) $925M · 6,675
- United Launch Alliance 401(k) Savings and Retirement Plan (CO) $925M · 2,453
Frequently Asked Questions
How did Block 401(k) Plan assets move in 2023? ▼
How have Block, Inc. plan assets changed over time? ▼
Where does Block 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Block 401(k) Plan? ▼
Next read for Block 401(k) Plan
Filing takeaways
Ways to act on Block 401(k) Plan's numbers.
- By total assets, Block 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
- Block, Inc.'s sponsor-wide assets have grown 114.9% since 2022 across 3 plan years on file. More Professional & Technical Services plans