401(k) · DOL Form 5500 · 2023

Robinhood Markets, Inc. 401(k) Plan

Data updated 2026-08-25

$182M
Total assets Near avg plan size
2,433
Participants Above avg headcount
94th
Percentile by assets National rank
$74,703
Avg per participant Below avg balance/head
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Official DOL plan name: Robinhood 401(k) Plan · Sponsored by Robinhood Markets, Inc. · California · Finance & Insurance

$182M in assets, 2,433 participants

Robinhood Markets, Inc.'s Robinhood 401(k) Plan reported $182M in total assets and 2,433 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,074 in Finance & Insurance (8,869 peers)

Coverage in California

Robinhood 401(k) Plan covers 2,433 participants in California, 3.9x the typical California plan (state average ~630 per filing). Assets: $182M.

#8,074
in Finance & Insurance (8,869 peers)
+48.0%
assets growth YoY
1.8×
vs typical plan assets (national mean)

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

Robinhood 401(k) Plan vs every filed plan by assets

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

$181,752,042 Top 6% higher than 94% 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

Robinhood 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Robinhood 401(k) Plan lands in the large band (2,433 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Robinhood 401(k) Plan reported net income rose from $26M in the plan year 2022 filing to $59M in the plan year 2023 filing.
  • Robinhood 401(k) Plan end-of-year assets rose from $123M in the plan year 2022 filing to $182M in the plan year 2023 filing.
  • Robinhood 401(k) Plan reported participants fell from 3,528 in the plan year 2022 filing to 2,433 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 464364776 · Robinhood Markets, Inc. PY 2023 · 401(k)

Robinhood 401(k) Plan · $182M · 2,433 · 94th

  • RANK $182M
  • RANK 2,433
  • RANK 94th
  • RANK 401(k)
  • RANK near American Savings Bank 401(k) Plan
  • RANK ind #8074

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 California →

Robinhood 401(k) Plan in the asset neighbourhood

Ingles Markets, Incorporated Investment/ Profit Sharing PlanIngles Markets, Incorporated…$182MHeidelberg Materials US Employee Savings PlanHeidelberg Materials US Empl…$182MDuracell Retirement & Savings PlanDuracell Retirement & Saving…$182MAmerican Savings Bank 401(k) PlanAmerican Savings Bank 401(k)…$182MRobinhood 401(k) Plan$182M
End-of-year total assets ($M) among Robinhood 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$123M
Net Assets (End of Year)$182M
Net Income$59M
Employer EIN464364776
Plan Effective Date2015-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Robinhood Markets, Inc.)

Sponsor-wide plan assets over time

All Robinhood Markets, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$246M 100.45792307217746% vs 2022
2024 filing year
$100M$150M$200M$250M$300M 202220232024 $123M $246M ▲ +100.5%
Year Plans Participants Total Assets
2022 1 3,528 $123M
2023 1 2,433 $182M
2024 1 2,190 $246M

Nearby 401(k) Plans in California

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

Robinhood 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Robinhood 401(k) Plan, Total assets ($B): 0.181752042 · Participants: 2433Robinhood 401(k) 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
Robinhood 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Robinhood 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is American Savings Bank 401(k) Plan in HI ($182M); by covered participants it is Broadstreet 401(k) Plan in OH (2,433 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($182M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,433 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 Robinhood 401(k) Plan assets move in 2023? ▼
Robinhood 401(k) Plan surged - up 48.0% during 2023, from $123M to $182M. Reported net income was $59M.
How have Robinhood Markets, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Robinhood Markets, Inc.'s sponsor-wide assets grew 100.5%, from $123M to $246M.
Where does Robinhood 401(k) Plan rank by assets among Form 5500 filers? ▼
Robinhood 401(k) Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Robinhood 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is American Savings Bank 401(k) Plan in HI ($182M, 1,083 participants).
Which 401(k) plans cover a similar participant headcount to Robinhood 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Broadstreet 401(k) Plan in OH (2,433 participants, $296M 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 464364776.

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.