401(k) · DOL Form 5500 · 2023

Paypal Holdings, Inc. 401(k) Plan

Data updated 2026-08-11

$2.0B
Total assets
12,121
Participants
99th
Percentile by assets
$164,493
Avg per participant
PlainRetire home → About this data

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.

  • 99th percentile by assets (of 127,072 plans)
  • #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.

$2.0B
total plan assets (2023 EOY)
12,121
covered participants
99th
percentile by assets (of 127,072 plans)
$164,493
avg assets per participant

Where Paypal 401(k) Savings Plan sits 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 $2,010,000,000 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

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 →

State
California
Industry
Professional & Technical Services

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Paypal 401(k) Savings Plan reports 12,121 participants - 19x that state average ($2.0B EOY assets).

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.)

$1.4B$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.59B $2.25B ▲ +41.5%
Total plan assets by year, all Paypal Holdings, Inc. plans on file
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

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) Saving…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Paypal 401(k) Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Paypal 401(k) Savings Plan side-by-side with 3 peers →

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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Paypal 401(k) Savings Plan by total assets, not by location.

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).

Next read for Paypal 401(k) Savings Plan

Filing takeaways

Ways to act on Paypal 401(k) Savings Plan's numbers.

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 472989869.

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.