401(k) · DOL Form 5500 · 2023

Quantumscape Battery, Inc. 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
890
Participants Near avg headcount
80th
Percentile by assets National rank
$34,532
Avg per participant Low balance/head
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Official DOL plan name: Quantumscape Battery, Inc. 401(k) Plan · Sponsored by Quantumscape Battery, Inc. · California · Manufacturing

$31M in assets, 890 participants

Quantumscape Battery, Inc.'s Quantumscape Battery, Inc. 401(k) Plan reported $31M in total assets and 890 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #13,392 in Manufacturing (18,722 peers)

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

Quantumscape Battery, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $31M for 890 participants (~$34,532/participant), up 54.5% in 2023.

#13,392
in Manufacturing (18,722 peers)
+54.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

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

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

$30,733,498 Top 20% higher than 80% 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

Quantumscape Battery, 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. Quantumscape Battery, Inc. 401(k) Plan sits mid-pack in the medium band (890 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Quantumscape Battery, Inc. 401(k) Plan reported net income rose from $3M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Quantumscape Battery, Inc. 401(k) Plan end-of-year assets rose from $20M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Quantumscape Battery, Inc. 401(k) Plan reported participants rose from 585 in the plan year 2022 filing to 890 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 274105939 · Quantumscape Battery, Inc. PY 2023 · 401(k)

Quantumscape Battery, Inc. 401(k) Plan · $31M · 890 · 80th

  • NET $31M
  • BOOK 890
  • VS-ST 80th
  • BOY 401(k)
  • SCH near Hayden Homes 401(k) Profit Sharing Plan
  • EBSA ind #13392

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 Manufacturing retirement plans → · Plans in California →

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

Kunes Retirement Plan$31MQuantumscape Battery, Inc. 401(k) PlanQuantumscape Battery, Inc. 4…$31MHayden Homes 401(k) Profit Sharing PlanHayden Homes 401(k) Profit S…$31MThe Intralot USA 401(k) Plan$31MMarathon Asset Management, LP 401(k) PlanMarathon Asset Management, L…$31M
End-of-year total assets ($M) among Quantumscape Battery, 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)$20M
Net Assets (End of Year)$31M
Net Income$11M
Employer EIN274105939
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Quantumscape Battery, Inc.)

Sponsor-wide plan assets over time

All Quantumscape Battery, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 100.64191434830605% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $19.9M $39.9M ▲ +100.7%
Year Plans Participants Total Assets
2022 1 585 $20M
2023 1 890 $31M
2024 1 847 $40M

Nearby 401(k) Plans in California

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

Quantumscape Battery, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Quantumscape Battery, Inc. 401(k) Plan, Total assets ($B): 0.030733498 · Participants: 890Quantumscape Battery, Inc. 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
Quantumscape Battery, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Quantumscape Battery, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Hayden Homes 401(k) Profit Sharing Plan in OR ($31M); by covered participants it is Baker Roofing Company 401(k) Plan in NC (890 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($31M here).

Similar participant headcount

Nearest other-state filings by covered participants (890 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 Quantumscape Battery, Inc. 401(k) Plan assets move in 2023? ▼
Quantumscape Battery, Inc. 401(k) Plan surged - up 54.5% during 2023, from $20M to $31M. Reported net income was $11M.
How have Quantumscape Battery, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Quantumscape Battery, Inc.'s sponsor-wide assets grew 100.6%, from $20M to $40M.
Where does Quantumscape Battery, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Quantumscape Battery, Inc. 401(k) Plan ranks in the 80th 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 Quantumscape Battery, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hayden Homes 401(k) Profit Sharing Plan in OR ($31M, 269 participants).
Which 401(k) plans cover a similar participant headcount to Quantumscape Battery, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Baker Roofing Company 401(k) Plan in NC (890 participants, $50M 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 274105939.

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.