401(k) · DOL Form 5500 · 2023

Lendbuzz, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
198
Participants Below avg headcount
43rd
Percentile by assets National rank
$23,143
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lendbuzz, Inc. 401(k) Plan · Sponsored by Lendbuzz, Inc. · Massachusetts · Finance & Insurance

$5M in assets, 198 participants

Lendbuzz, Inc.'s Lendbuzz, Inc. 401(k) Plan reported $5M in total assets and 198 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.

  • #2,661 in Finance & Insurance (8,869 peers)

Coverage in Massachusetts

Lendbuzz, Inc. 401(k) Plan covers 198 participants in Massachusetts, about 30% of the average Massachusetts filer (state average ~659 per filing). Assets: $5M.

#2,661
in Finance & Insurance (8,869 peers)
+83.6%
assets growth YoY

Lendbuzz, Inc. 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

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

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

$4,582,298 43rd percentile higher than 43% 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

Lendbuzz, 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. Lendbuzz, Inc. 401(k) Plan sits mid-pack in the medium band (198 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lendbuzz, Inc. 401(k) Plan reported net income rose from $665K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Lendbuzz, Inc. 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Lendbuzz, Inc. 401(k) Plan reported participants rose from 126 in the plan year 2022 filing to 198 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 475047556 · Lendbuzz, Inc. PY 2023 · 401(k)

Lendbuzz, Inc. 401(k) Plan · $5M · 198 · 43rd

  • EIN $5M
  • RANK 198
  • PHOTO 43rd
  • IND 401(k)
  • EOY near Onnit Labs, Inc. 401(k) Plan
  • 5500 ind #2661

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 Massachusetts →

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

Lendbuzz, Inc. 401(k) Plan$5MOnnit Labs, Inc. 401(k) Plan$5MBudd Group, Inc. 401(k) Savings PlanBudd Group, Inc. 401(k) Savi…$5MCutler Repaving Inc 401(k) Profit Sharing PlanCutler Repaving Inc 401(k) P…$5MScranton Counseling Center 401(k) Profit Sharing PlanScranton Counseling Center 4…$5M
End-of-year total assets ($M) among Lendbuzz, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$5M
Net Income$2M
Employer EIN475047556
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lendbuzz, Inc.)

Sponsor-wide plan assets over time

All Lendbuzz, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 216.25548837580135% vs 2022
2024 filing year
$0M$2M$4M$6M$8M$10M 202220232024 $2.5M $7.89M ▲ +215.6%
Year Plans Participants Total Assets
2022 1 126 $2M
2023 1 198 $5M
2024 1 304 $8M

Nearby 401(k) Plans in Massachusetts

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

Lendbuzz, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Lendbuzz, Inc. 401(k) Plan, Total assets ($B): 0.004582298 · Participants: 198Lendbuzz, Inc. 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
Lendbuzz, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Lendbuzz, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Onnit Labs, Inc. 401(k) Plan in TX ($5M); by covered participants it is Wampum Hardware Co. Profit Sharing 401(k) Plan in PA (198 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (198 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 Lendbuzz, Inc. 401(k) Plan assets move in 2023? ▼
Lendbuzz, Inc. 401(k) Plan surged - up 83.6% during 2023, from $2M to $5M. Reported net income was $2M.
How have Lendbuzz, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lendbuzz, Inc.'s sponsor-wide assets grew 216.3%, from $2M to $8M.
Which 401(k) plans are similar in size to Lendbuzz, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Onnit Labs, Inc. 401(k) Plan in TX ($5M, 90 participants).
Which 401(k) plans cover a similar participant headcount to Lendbuzz, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Wampum Hardware Co. Profit Sharing 401(k) Plan in PA (198 participants, $39M 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 475047556.

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.