401(k) · DOL Form 5500 · 2023

Toast, Inc. 401(k) Plan

Data updated 2026-08-25

$227M
Total assets Near avg plan size
4,009
Participants Above avg headcount
95th
Percentile by assets National rank
$56,597
Avg per participant Low balance/head
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Official DOL plan name: Toast, Inc. 401(k) Plan · Sponsored by Toast, Inc. · Massachusetts · Professional & Technical Services

$227M in assets, 4,009 participants

Toast, Inc.'s Toast, Inc. 401(k) Plan reported $227M in total assets and 4,009 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #19,576 in Professional & Technical Services (20,321 peers)

Coverage in Massachusetts

Toast, Inc. 401(k) Plan covers 4,009 participants in Massachusetts, 6.1x the typical Massachusetts plan (state average ~659 per filing). Assets: $227M.

#19,576
in Professional & Technical Services (20,321 peers)
+83.2%
assets growth YoY
2.3×
vs typical plan assets (national mean)

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

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

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

$226,897,162 Top 5% higher than 95% 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

Toast, Inc. 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. Toast, Inc. 401(k) Plan lands in the large band (4,009 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Toast, Inc. 401(k) Plan reported net income rose from $38M in the plan year 2022 filing to $103M in the plan year 2023 filing.
  • Toast, Inc. 401(k) Plan end-of-year assets rose from $124M in the plan year 2022 filing to $227M in the plan year 2023 filing.
  • Toast, Inc. 401(k) Plan reported participants rose from 2,915 in the plan year 2022 filing to 4,009 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 454168768 · Toast, Inc. PY 2023 · 401(k)

Toast, Inc. 401(k) Plan · $227M · 4,009 · 95th

  • VS-ST $227M
  • VS-ST 4,009
  • VS-ST 95th
  • VS-ST 401(k)
  • VS-ST near Sky Chefs, Inc. Moneysmart 401(k) Savings and Retirement Plan
  • VS-ST ind #19576

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 Professional & Technical Services retirement plans → · Plans in Massachusetts →

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

Teichert Inc. Retirement Savings PlanTeichert Inc. Retirement Sav…$227MAtlas Technical Consultants 401(k) PlanAtlas Technical Consultants …$227MSuez Water Resources LLC 401(k) PlanSuez Water Resources LLC 401…$227MToast, Inc. 401(k) Plan$227MSky Chefs, Inc. Moneysmart 401(k) Savings and Retirement PlanSky Chefs, Inc. Moneysmart 4…$227M
End-of-year total assets ($M) among Toast, 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)$124M
Net Assets (End of Year)$227M
Net Income$103M
Employer EIN454168768
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Toast, Inc.)

Sponsor-wide plan assets over time

All Toast, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$323M 160.96862147989629% vs 2022
2024 filing year
$100M$200M$300M$400M 202220232024 $124M $323M ▲ +161.0%
Year Plans Participants Total Assets
2022 1 2,915 $124M
2023 1 4,009 $227M
2024 1 4,696 $323M

Nearby 401(k) Plans in Massachusetts

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

Toast, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -10010203040 Total assets ($B) Participants Toast, Inc. 401(k) Plan, Total assets ($B): 0.226897162 · Participants: 4009Toast, 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
Toast, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Toast, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Sky Chefs, Inc. Moneysmart 401(k) Savings and Retirement Plan in TX ($227M); by covered participants it is Hawaiian Airlines, Inc. 401(k) Savings Plan in HI (4,009 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($227M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,009 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 Toast, Inc. 401(k) Plan assets move in 2023? ▼
Toast, Inc. 401(k) Plan surged - up 83.2% during 2023, from $124M to $227M. Reported net income was $103M.
How have Toast, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Toast, Inc.'s sponsor-wide assets grew 161.0%, from $124M to $323M.
Where does Toast, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Toast, Inc. 401(k) Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Toast, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sky Chefs, Inc. Moneysmart 401(k) Savings and Retirement Plan in TX ($227M, 12,308 participants).
Which 401(k) plans cover a similar participant headcount to Toast, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hawaiian Airlines, Inc. 401(k) Savings Plan in HI (4,009 participants, $467M 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 454168768.

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.