401(k) · DOL Form 5500 · 2023

Backblaze, Inc. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
395
Participants Below avg headcount
78th
Percentile by assets National rank
$69,697
Avg per participant Below avg balance/head
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Official DOL plan name: Backblaze, Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Backblaze, Inc. · California · Other Services

$28M in assets, 395 participants

Backblaze, Inc.'s Backblaze, Inc. 401(k) Profit Sharing Plan and Trust reported $28M in total assets and 395 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #6,983 in Other Services (7,857 peers)

Where Backblaze, Inc. 401(k) Profit Sharing Plan and Trust sits by assets

Backblaze, Inc. 401(k) Profit Sharing Plan and Trust sits in the top quartile of all filed plans by assets, $28M for 395 participants (~$69,697/participant), up 45.0% in 2023.

#6,983
in Other Services (7,857 peers)
+45.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Backblaze, Inc. 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Backblaze, Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$27,530,177 Top 22% higher than 78% 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

Backblaze, Inc. 401(k) Profit Sharing Plan and Trust 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. Backblaze, Inc. 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (395 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Backblaze, Inc. 401(k) Profit Sharing Plan and Trust reported net income rose from $3M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Backblaze, Inc. 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $19M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Backblaze, Inc. 401(k) Profit Sharing Plan and Trust reported participants rose from 273 in the plan year 2022 filing to 395 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 208893125 · Backblaze, Inc. PY 2023 · 401(k)

Backblaze, Inc. 401(k) Profit Sharing Plan and Trust · $28M · 395 · 78th

  • PART $28M
  • TYPE 395
  • NET 78th
  • BOOK 401(k)
  • VS-ST near Innovation Ventures, LLC 401(k) Plan
  • BOY ind #6983

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 Other Services retirement plans → · Plans in California →

Backblaze, Inc. 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Backblaze, Inc. 401(k) Profit Sharing Plan and TrustBackblaze, Inc. 401(k) Profi…$28MInnovation Ventures, LLC 401(k) PlanInnovation Ventures, LLC 401…$28MCnh Industrial Hourly Parts Depots Retirement Savings PlanCnh Industrial Hourly Parts …$28MParsons Company, Inc. Profit Sharing and 401(k) PlanParsons Company, Inc. Profit…$28MInw Manufacturing 401(k) Plan$28M
End-of-year total assets ($M) among Backblaze, Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$28M
Net Income$9M
Employer EIN208893125
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Backblaze, Inc.)

Sponsor-wide plan assets over time

All Backblaze, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$39M 106.94772367810866% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $19M $39.3M ▲ +107.0%
Year Plans Participants Total Assets
2022 1 273 $19M
2023 1 395 $28M
2024 1 379 $39M

Nearby 401(k) Plans in California

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

Backblaze, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Backblaze, Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.027530177 · Participants: 395Backblaze, Inc. 401(k) Profit Sharing Plan and TrustWells 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
Backblaze, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in California, assets vs. participants
Compare Backblaze, Inc. 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Backblaze, Inc. 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Innovation Ventures, LLC 401(k) Plan in MI ($28M); by covered participants it is Employ, Inc. 401(k) Plan in IN (395 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (395 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 Backblaze, Inc. 401(k) Profit Sharing Plan and Trust assets move in 2023? ▼
Backblaze, Inc. 401(k) Profit Sharing Plan and Trust surged - up 45.0% during 2023, from $19M to $28M. Reported net income was $9M.
How have Backblaze, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Backblaze, Inc.'s sponsor-wide assets grew 106.9%, from $19M to $39M.
Where does Backblaze, Inc. 401(k) Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Backblaze, Inc. 401(k) Profit Sharing Plan and Trust ranks in the 78th 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 Backblaze, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Innovation Ventures, LLC 401(k) Plan in MI ($28M, 442 participants).
Which 401(k) plans cover a similar participant headcount to Backblaze, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Employ, Inc. 401(k) Plan in IN (395 participants, $30M 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 208893125.

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.