401(k) · DOL Form 5500 · 2023

Brex Inc. 401(k) Plan

Data updated 2026-08-25

$57M
Total assets Below avg plan size
937
Participants Near avg headcount
87th
Percentile by assets National rank
$61,050
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Brex 401(k) Plan · Sponsored by Brex Inc. · California · Finance & Insurance

$57M in assets, 937 participants

Brex Inc.'s Brex 401(k) Plan reported $57M in total assets and 937 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,079 in Finance & Insurance (8,869 peers)

Where Brex 401(k) Plan sits by assets

Brex 401(k) Plan sits in the top quartile of all filed plans by assets, $57M for 937 participants (~$61,050/participant), up 58.3% in 2023.

#7,079
in Finance & Insurance (8,869 peers)
+58.3%
assets growth YoY
0.6×
vs typical plan assets (national mean)

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

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

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

$57,203,995 Top 13% higher than 87% 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

Brex 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. Brex 401(k) Plan sits mid-pack in the medium band (937 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Brex 401(k) Plan end-of-year assets rose from $36M in the plan year 2022 filing to $57M in the plan year 2023 filing.
  • Brex 401(k) Plan reported net income rose from $14M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Brex 401(k) Plan reported participants rose from 806 in the plan year 2022 filing to 937 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 320517957 · Brex Inc. PY 2023 · 401(k)

Brex 401(k) Plan · $57M · 937 · 87th

  • PCT $57M
  • PCT 937
  • PCT 87th
  • PCT 401(k)
  • PCT near American Gas Association Employees' Savings Plan
  • PCT ind #7079

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 →

Brex 401(k) Plan in the asset neighbourhood

American Gas Association Employees' Savings PlanAmerican Gas Association Emp…$57MInmoment 401(k) Retirement PlanInmoment 401(k) Retirement P…$57MBrex 401(k) Plan$57MEverside Health Retirement PlanEverside Health Retirement P…$57MSwisslog Logistics Retirement Savings PlanSwisslog Logistics Retiremen…$57M
End-of-year total assets ($M) among Brex 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)$36M
Net Assets (End of Year)$57M
Net Income$21M
Employer EIN320517957
Plan Effective Date2018-03-19
Filing StatusFILING RECEIVED

Sponsor Plan History (Brex Inc.)

Sponsor-wide plan assets over time

All Brex Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$67M 84.52383926318497% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $36.2M $66.7M ▲ +84.5%
Year Plans Participants Total Assets
2022 1 806 $36M
2023 1 937 $57M
2024 1 926 $67M

Nearby 401(k) Plans in California

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

Brex 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Brex 401(k) Plan, Total assets ($B): 0.057203995 · Participants: 937Brex 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
Brex 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Brex 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is American Gas Association Employees' Savings Plan in DC ($57M); by covered participants it is Huron Casting, Inc., Axis, Aci, Bdsc, Bcm, Brne 401(k) Plan in MI (937 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($57M here).

Similar participant headcount

Nearest other-state filings by covered participants (937 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 Brex 401(k) Plan assets move in 2023? ▼
Brex 401(k) Plan surged - up 58.3% during 2023, from $36M to $57M. Reported net income was $21M.
How have Brex Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Brex Inc.'s sponsor-wide assets grew 84.5%, from $36M to $67M.
Where does Brex 401(k) Plan rank by assets among Form 5500 filers? ▼
Brex 401(k) Plan ranks in the 87th 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 Brex 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is American Gas Association Employees' Savings Plan in DC ($57M, 90 participants).
Which 401(k) plans cover a similar participant headcount to Brex 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Huron Casting, Inc., Axis, Aci, Bdsc, Bcm, Brne 401(k) Plan in MI (937 participants, $42M 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 320517957.

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.