401(k) · DOL Form 5500 · 2023

Lemonade, Inc. 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
750
Participants Near avg headcount
79th
Percentile by assets National rank
$40,583
Avg per participant Low balance/head
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Official DOL plan name: Lemonade, Inc. 401(k) Plan · Sponsored by Lemonade, Inc. · New York · Finance & Insurance

$30M in assets, 750 participants

Lemonade, Inc.'s Lemonade, Inc. 401(k) Plan reported $30M in total assets and 750 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.

  • #6,079 in Finance & Insurance (8,869 peers)

Where Lemonade, Inc. 401(k) Plan sits by assets

Lemonade, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $30M for 750 participants (~$40,583/participant), up 119.1% in 2023.

#6,079
in Finance & Insurance (8,869 peers)
+119.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Lemonade, Inc. 401(k) Plan's outsized position by total assets

Lemonade, Inc. 401(k) Plan vs every filed plan by assets

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

$30,437,369 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

Lemonade, Inc. 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. Lemonade, Inc. 401(k) Plan sits mid-pack in the medium band (750 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lemonade, Inc. 401(k) Plan reported net income rose from $3M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Lemonade, Inc. 401(k) Plan end-of-year assets rose from $14M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Lemonade, Inc. 401(k) Plan reported participants fell from 792 in the plan year 2022 filing to 750 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 320469673 · Lemonade, Inc. PY 2023 · 401(k)

Lemonade, Inc. 401(k) Plan · $30M · 750 · 79th

  • EOY $30M
  • 5500 750
  • ASSETS 79th
  • PCT 401(k)
  • EIN near Fastmarkets Savings and Investment Plan
  • RANK ind #6079

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 Finance & Insurance retirement plans → · Plans in New York →

Lemonade, Inc. 401(k) Plan in the asset neighbourhood

Lemonade, Inc. 401(k) Plan$30MFastmarkets Savings and Investment PlanFastmarkets Savings and Inve…$30MLanigan Ryan, P. C. 401(k) Profit Sharing PlanLanigan Ryan, P. C. 401(k) P…$30MPalmer Holland, Inc. Profit Sharing Plan & TrustPalmer Holland, Inc. Profit …$30MDesktop Metal Retirement Plan$30M
End-of-year total assets ($M) among Lemonade, Inc. 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$8M
Employer EIN320469673
Plan Effective Date2018-04-13
Filing StatusFILING RECEIVED

Sponsor Plan History (Lemonade, Inc.)

Sponsor-wide plan assets over time

All Lemonade, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 184.8855804726502% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $13.9M $39.6M ▲ +185.0%
Year Plans Participants Total Assets
2022 1 792 $14M
2023 1 750 $30M
2024 1 849 $40M

Nearby 401(k) Plans in New York

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

Lemonade, Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Lemonade, Inc. 401(k) Plan, Total assets ($B): 0.030437369 · Participants: 750Lemonade, Inc. 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Lemonade, Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Lemonade, Inc. 401(k) Plan side-by-side with 3 peers →

Lemonade, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Fastmarkets Savings and Investment Plan in MA ($30M); by covered participants it is Crown Health Care Laundry Services 401(k) Plan in FL (750 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (750 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 Lemonade, Inc. 401(k) Plan assets move in 2023? ▼
Lemonade, Inc. 401(k) Plan surged - up 119.1% during 2023, from $14M to $30M. Reported net income was $8M.
How have Lemonade, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lemonade, Inc.'s sponsor-wide assets grew 184.9%, from $14M to $40M.
Where does Lemonade, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Lemonade, Inc. 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 Lemonade, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fastmarkets Savings and Investment Plan in MA ($30M, 131 participants).
Which 401(k) plans cover a similar participant headcount to Lemonade, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Crown Health Care Laundry Services 401(k) Plan in FL (750 participants, $9M 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 320469673.

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.