401(k) · DOL Form 5500 · 2023

Smartsheet Inc. 401(k) Plan

Data updated 2026-08-11

$204M
Total assets
2,671
Participants
95th
Percentile by assets
$76,500
Avg per participant
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Official DOL plan name: Smartsheet Inc. 401(k) P/S Plan · Sponsored by Smartsheet Inc. · Washington · Information & Media

$204M in assets, 2,671 participants

Smartsheet Inc.'s Smartsheet Inc. 401(k) P/S Plan reported $204M in total assets and 2,671 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #2,594 in Information & Media (2,818 peers)

Where Smartsheet Inc. 401(k) P/S Plan sits by assets

Smartsheet Inc. 401(k) P/S Plan sits in the top 5% of all filed plans by assets, $204M for 2,671 participants (~$76,500/participant), up 56.5% in 2023.

$204M
total plan assets (2023 EOY)
2,671
covered participants
95th
percentile by assets (of 127,072 plans)
$76,500
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Smartsheet Inc. 401(k) P/S Plan reported net income rose from $17M in the plan year 2022 filing to $74M in the plan year 2023 filing.
  • Smartsheet Inc. 401(k) P/S Plan end-of-year assets rose from $131M in the plan year 2022 filing to $204M in the plan year 2023 filing.
  • Smartsheet Inc. 401(k) P/S Plan reported participants rose from 2,035 in the plan year 2022 filing to 2,671 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Smartsheet Inc. 401(k) P/S Plan vs the 2023 asset distribution

By assets, Smartsheet Inc. 401(k) P/S Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$131M
Net Assets (End of Year)$204M
Net Income$74M
Employer EIN202954357
Plan Effective Date2008-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smartsheet Inc.)

$100M$150M$200M$250M$300M 202220232024 $131M $274M ▲ +109.7%
Total plan assets by year, all Smartsheet Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,035 $131M
2023 1 2,671 $204M
2024 1 2,594 $274M

Nearby 401(k) Plans in Washington

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

Smartsheet Inc. 401(k) P/S Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Smartsheet Inc. 401(k) P/S Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Smartsheet Inc. 401(…The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…T-Mobile USA, Inc. 4…401(k) Savings Plan
Smartsheet Inc. 401(k) P/S Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Smartsheet Inc. 401(k) P/S Plan by total assets, not by location.

Frequently Asked Questions

How did Smartsheet Inc. 401(k) P/S Plan assets move in 2023?
Smartsheet Inc. 401(k) P/S Plan surged - up 56.5% during 2023, from $131M to $204M. Reported net income was $74M.
How have Smartsheet Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Smartsheet Inc.'s sponsor-wide assets grew 109.7%, from $131M to $274M.
Where does Smartsheet Inc. 401(k) P/S Plan rank by assets among Form 5500 filers?
Smartsheet Inc. 401(k) P/S Plan ranks in the 95th 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 Smartsheet Inc. 401(k) P/S Plan?
Among 401(k) plans in other states, the closest by assets is Nortek 401(k) Plan in IL ($204M, 2,727 participants).

Scale reading

Ways to act on Smartsheet Inc. 401(k) P/S Plan's numbers.