401(k) · DOL Form 5500 · 2023

Spotify USA Inc. 401(k) Plan

Data updated 2026-08-11

$453M
Total assets: 4,271
Participants: 97th
Percentile by assets: $106,134
Avg per participant

Official DOL plan name: Spotify USA Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Spotify USA Inc. · New York · Professional & Technical Services

$453M in assets, 4,271 participants

Spotify USA Inc.'s Spotify USA Inc. 401(k) Profit Sharing Plan and Trust reported $453M in total assets and 4,271 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 127,072 plans)
#19,924 in Professional & Technical Services (20,321 peers)

Coverage in New York

Spotify USA Inc. 401(k) Profit Sharing Plan and Trust covers 4,271 participants in New York, 5.4x the typical New York plan (state average ~798 per filing). Assets: $453M.

$453M
total plan assets (2023 EOY): 4,271
covered participants: 97th
percentile by assets (of 127,072 plans): $106,134
avg assets per participant

Where Spotify USA Inc. 401(k) Profit Sharing Plan and Trust sits by total assets

Spotify USA Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$453,298,334 Top 3% higher than 97% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Spotify USA Inc. 401(k) Profit Sharing Plan and Trust reported net income rose from $26M in the plan year 2022 filing to $152M in the plan year 2023 filing.
Spotify USA Inc. 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $301M in the plan year 2022 filing to $453M in the plan year 2023 filing.
Spotify USA Inc. 401(k) Profit Sharing Plan and Trust reported participants rose from 3,272 in the plan year 2022 filing to 4,271 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New York

Industry

Professional & Technical Services

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Spotify USA Inc. 401(k) Profit Sharing Plan and Trust reports 4,271 participants - 5.4x that state average ($453M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)	$301M
Net Assets (End of Year)	$453M
Net Income	$152M
Employer EIN	800555431
Plan Effective Date	2011-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Spotify USA Inc.)

Total plan assets by year, all Spotify USA Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	3,272	$301M
2023	1	4,271	$453M
2024	1	4,115	$566M

Nearby 401(k) Plans in New York

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

Spotify USA Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401 (K) Plus Plan $57.4B · 54,912
Pfizer Savings Plan $19.6B · 30,033
Morgan Stanley 401(k) Plan $19.2B · 55,363
The Pepsico Savings Plan $13.7B · 133,597
The Goldman Sachs 401(k) Plan $11.4B · 24,866

Compare Spotify USA Inc. 401(k) Profit Sharing P… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Spotify USA Inc. 401(k) Profit Sharing Plan and Trust by total assets, not by location.

First Interstate Bancsystem, Inc. 401(k) Plan (MT) $454M · 3,750
Acipco 401(k) Plan (AL) $454M · 2,473
Komatsu America Corp. Savings Plan (IL) $453M · 3,591
Pegasystems Inc. 401(k) Plan (MA) $454M · 2,328

Frequently Asked Questions

How did Spotify USA Inc. 401(k) Profit Sharing Plan and Trust assets move in 2023? ▼

Spotify USA Inc. 401(k) Profit Sharing Plan and Trust surged - up 50.6% during 2023, from $301M to $453M. Reported net income was $152M.

How have Spotify USA Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Spotify USA Inc.'s sponsor-wide assets grew 88.0%, from $301M to $566M.

Where does Spotify USA Inc. 401(k) Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼

Spotify USA Inc. 401(k) Profit Sharing Plan and Trust ranks in the 97th 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 Spotify USA Inc. 401(k) Profit Sharing Plan and Trust? ▼

Among 401(k) plans in other states, the closest by assets is First Interstate Bancsystem, Inc. 401(k) Plan in MT ($454M, 3,750 participants).

Next read for Spotify USA Inc. 401(k) Profit Sharing P…

Filing takeaways

Ways to act on Spotify USA Inc. 401(k) Profit Sharing Plan and Trust's numbers.

By total assets, Spotify USA Inc. 401(k) Profit Sharing Plan and Trust 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 New York. Compare plans
Spotify USA Inc.'s sponsor-wide assets have grown 88.0% since 2022 across 3 plan years on file. More Professional & Technical Services plans

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 800555431.