401(k) · DOL Form 5500 · 2023
Toast, Inc. 401(k) Plan
Data updated 2026-08-11
- $227M
- Total assets
- 4,009
- Participants
- 95th
- Percentile by assets
- $56,597
- Avg per participant
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.
- 95th percentile by assets (of 127,072 plans)
- #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.
- $227M
- total plan assets (2023 EOY)
- 4,009
- covered participants
- 95th
- percentile by assets (of 127,072 plans)
- $56,597
- avg assets per participant
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.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Toast, Inc. 401(k) Plan reports 4,009 participants - 6.1x that state average ($227M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $124M |
|---|---|
| Net Assets (End of Year) | $227M |
| Net Income | $103M |
| Employer EIN | 454168768 |
| Plan Effective Date | 2015-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Toast, Inc.)
| 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
- Fidelity Retirement Savings Plan $28.6B · 62,289
- Liberty Mutual 401(k) Plan $10.6B · 37,052
- Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
- Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
- Philips North America 401(k) Plan $5.8B · 19,120
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Toast, Inc. 401(k) Plan by total assets, not by location.
- Sky Chefs, Inc. Moneysmart 401(k) Savings and Retirement Plan (TX) $227M · 12,308
- Suez Water Resources LLC 401(k) Plan (NJ) $227M · 1,069
- Atlas Technical Consultants 401(k) Plan (TX) $227M · 2,828
- Teichert Inc. Retirement Savings Plan (CA) $227M · 2,777
Frequently Asked Questions
How did Toast, Inc. 401(k) Plan assets move in 2023? ▼
How have Toast, Inc. plan assets changed over time? ▼
Where does Toast, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
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Next read for Toast, Inc. 401(k) Plan
Filing takeaways
Ways to act on Toast, Inc. 401(k) Plan's numbers.
- By total assets, Toast, Inc. 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- Toast, Inc.'s sponsor-wide assets have grown 161.0% since 2022 across 3 plan years on file. More Professional & Technical Services plans