401(k) · DOL Form 5500 · 2023

Paypal Holdings, Inc. 401(k) Plan

Data updated 2026-08-25

$2.0B
Total assets Very large vs avg
12,121
Participants Very large workforce
99th
Percentile by assets National rank
$164,493
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Paypal 401(k) Savings Plan · Sponsored by Paypal Holdings, Inc. · California · Professional & Technical Services

$2.0B in assets, 12,121 participants

Paypal Holdings, Inc.'s Paypal 401(k) Savings Plan reported $2.0B in total assets and 12,121 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #20,235 in Professional & Technical Services (20,321 peers)

Coverage in California

Paypal 401(k) Savings Plan covers 12,121 participants in California, 19x the typical California plan (state average ~630 per filing). Assets: $2.0B.

#20,235
in Professional & Technical Services (20,321 peers)
+25.1%
assets growth YoY
20×
vs typical plan assets (national mean)

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

Paypal 401(k) Savings Plan vs every filed plan by assets

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

$1,993,824,093 Top 1% higher than 99% 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

Paypal 401(k) Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Paypal 401(k) Savings Plan is a mega filing (12,121 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Paypal 401(k) Savings Plan reported net income rose from -$255M in the plan year 2022 filing to $399M in the plan year 2023 filing.
  • Paypal 401(k) Savings Plan end-of-year assets rose from $1.6B in the plan year 2022 filing to $2.0B in the plan year 2023 filing.
  • Paypal 401(k) Savings Plan reported participants fell from 13,355 in the plan year 2022 filing to 12,121 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 472989869 · Paypal Holdings, Inc. PY 2023 · 401(k)

Paypal 401(k) Savings Plan · $2.0B · 12,121 · 99th

  • 5500 $2.0B
  • 5500 12,121
  • 5500 99th
  • 5500 401(k)
  • 5500 near Bain and Company, Inc. 401(k) Savings Plan
  • 5500 ind #20235

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 Professional & Technical Services retirement plans → · Plans in California →

Paypal 401(k) Savings Plan in the asset neighbourhood

Bain and Company, Inc. 401(k) Savings PlanBain and Company, Inc. 401(k…$2.0BThe Hershey Company 401(k) PlanThe Hershey Company 401(k) P…$2.0BCommscope, Inc. Retirement Savings PlanCommscope, Inc. Retirement S…$2.0BPaypal 401(k) Savings Plan$2.0BPublic Service Enterprise Group Inc. Employee Savings PlanPublic Service Enterprise Gr…$2.0B
End-of-year total assets ($B) among Paypal 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$2.0B
Net Income$399M
Employer EIN472989869
Plan Effective Date2015-07-18
Filing StatusFILING RECEIVED

Sponsor Plan History (Paypal Holdings, Inc.)

Sponsor-wide plan assets over time

All Paypal Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.2B 41.113203076677635% vs 2022
2024 filing year
$1.4B$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.59B $2.25B ▲ +41.5%
Year Plans Participants Total Assets
2022 1 13,355 $1.6B
2023 1 12,121 $2.0B
2024 1 10,525 $2.2B

Nearby 401(k) Plans in California

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

Paypal 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 -200204060 Total assets ($B) Participants Paypal 401(k) Savings Plan, Total assets ($B): 1.993824093 · Participants: 12121Paypal 401(k) Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Paypal 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Paypal 401(k) Savings Plan

Paypal 401(k) Savings Plan reports $2.0B in end-of-year assets across 12,121 participants (0.016% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $164,493 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2023 was $399M.

This plan identity (EIN 472989869, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.6B to $2.2B (+41.1%) while covered participants moved from 13,355 to 10,525 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,355 $1.6B Open filing
2023 12,121 $2.0B This page
2024 · index core 10,525 $2.2B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

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

Outside California, the nearest 401(k) by assets is Bain and Company, Inc. 401(k) Savings Plan in MA ($2.0B); by covered participants it is The Quikrete Companies Profit Sharing and Tax in GA (12,116 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (12,121 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 Paypal 401(k) Savings Plan assets move in 2023? ▼
Paypal 401(k) Savings Plan grew sharply - up 25.1% during 2023, from $1.6B to $2.0B. Reported net income was $399M.
How have Paypal Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Paypal Holdings, Inc.'s sponsor-wide assets grew 41.1%, from $1.6B to $2.2B.
Where does Paypal 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Paypal 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Paypal 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bain and Company, Inc. 401(k) Savings Plan in MA ($2.0B, 6,210 participants).
Which 401(k) plans cover a similar participant headcount to Paypal 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Quikrete Companies Profit Sharing and Tax in GA (12,116 participants, $545M in assets).