401(k) · DOL Form 5500 · 2023

Simplisafe, Inc. 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
1,074
Participants Near avg headcount
83rd
Percentile by assets National rank
$35,790
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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

$38M in assets, 1,074 participants

Simplisafe, Inc.'s Simplisafe 401(k) Plan reported $38M in total assets and 1,074 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #7,575 in Retail Trade (8,414 peers)

Where Simplisafe 401(k) Plan sits by assets

Simplisafe 401(k) Plan sits in the top quartile of all filed plans by assets, $38M for 1,074 participants (~$35,790/participant), up 67.9% in 2023.

#7,575
in Retail Trade (8,414 peers)
+67.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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

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

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

$38,438,462 Top 17% higher than 83% 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

Simplisafe 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. Simplisafe 401(k) Plan lands in the large band (1,074 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Simplisafe 401(k) Plan reported net income rose from $6M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Simplisafe 401(k) Plan end-of-year assets rose from $23M in the plan year 2022 filing to $38M in the plan year 2023 filing.
  • Simplisafe 401(k) Plan reported participants rose from 805 in the plan year 2022 filing to 1,074 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 205367003 · Simplisafe, Inc. PY 2023 · 401(k)

Simplisafe 401(k) Plan · $38M · 1,074 · 83rd

  • EIN $38M
  • EIN 1,074
  • EIN 83rd
  • EIN 401(k)
  • EIN near Fox Valley Orthopaedic Associates, S.C. Profit Sharing and Savings Plan
  • EIN ind #7575

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 Massachusetts →

Simplisafe 401(k) Plan in the asset neighbourhood

Simplisafe 401(k) Plan$38MFox Valley Orthopaedic Associates, S.C. Profit Sharing and Savings PlanFox Valley Orthopaedic Assoc…$38MHartland 401(k) Retirement Plan TrustHartland 401(k) Retirement P…$38MMor Furniture for Less, Inc. Employee Employee Savings PlanMor Furniture for Less, Inc.…$38MParker Towing Company, Inc. 401(k) Profit Sharing PlanParker Towing Company, Inc. …$38M
End-of-year total assets ($M) among Simplisafe 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)$23M
Net Assets (End of Year)$38M
Net Income$16M
Employer EIN205367003
Plan Effective Date2018-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Simplisafe, Inc.)

Sponsor-wide plan assets over time

All Simplisafe, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$55M 141.73783967196923% vs 2022
2024 filing year
$10M$20M$30M$40M$50M$60M 202220232024 $22.9M $55.3M ▲ +141.8%
Year Plans Participants Total Assets
2022 1 805 $23M
2023 1 1,074 $38M
2024 1 1,155 $55M

Nearby 401(k) Plans in Massachusetts

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

Simplisafe 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Simplisafe 401(k) Plan, Total assets ($B): 0.038438462 · Participants: 1074Simplisafe 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Simplisafe 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Simplisafe 401(k) Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Fox Valley Orthopaedic Associates, S.C. Profit Sharing and Savings Plan in IL ($38M); by covered participants it is Atlantic Corporation of Wilmington, Inc. 401(k) Profit Sharing Plan in NC (1,074 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,074 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 Simplisafe 401(k) Plan assets move in 2023? ▼
Simplisafe 401(k) Plan surged - up 67.9% during 2023, from $23M to $38M. Reported net income was $16M.
How have Simplisafe, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Simplisafe, Inc.'s sponsor-wide assets grew 141.7%, from $23M to $55M.
Where does Simplisafe 401(k) Plan rank by assets among Form 5500 filers? ▼
Simplisafe 401(k) Plan ranks in the 83rd 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 Simplisafe 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fox Valley Orthopaedic Associates, S.C. Profit Sharing and Savings Plan in IL ($38M, 205 participants).
Which 401(k) plans cover a similar participant headcount to Simplisafe 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Atlantic Corporation of Wilmington, Inc. 401(k) Profit Sharing Plan in NC (1,074 participants, $159M 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 205367003.

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.