401(k) · DOL Form 5500 · 2023

Canoo Technologies Inc. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
815
Participants Near avg headcount
74th
Percentile by assets National rank
$26,521
Avg per participant Low balance/head
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Official DOL plan name: Canoo Inc. 401(k) Plan · Sponsored by Canoo Technologies Inc. · Texas · Manufacturing

$22M in assets, 815 participants

Canoo Technologies Inc.'s Canoo Inc. 401(k) Plan reported $22M in total assets and 815 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #12,029 in Manufacturing (18,722 peers)

Canoo Technologies Inc. multi-year trail

Canoo Technologies Inc.'s plans moved +31.4% in assets from 2022 to 2024; this filing shows Canoo Inc. 401(k) Plan at $22M / 815 participants.

#12,029
in Manufacturing (18,722 peers)
+38.1%
assets growth YoY

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

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

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

$21,614,713 Top 26% higher than 74% 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

Canoo 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. Canoo Inc. 401(k) Plan sits mid-pack in the medium band (815 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Canoo Inc. 401(k) Plan end-of-year assets rose from $16M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Canoo Inc. 401(k) Plan reported net income rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Canoo Inc. 401(k) Plan reported participants rose from 772 in the plan year 2022 filing to 815 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 823375874 · Canoo Technologies Inc. PY 2023 · 401(k)

Canoo Inc. 401(k) Plan · $22M · 815 · 74th

  • RANK $22M
  • RANK 815
  • RANK 74th
  • RANK 401(k)
  • RANK near Baffetto, Inc. 401(k) Plan and Trust
  • RANK ind #12029

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 Texas →

Canoo Inc. 401(k) Plan in the asset neighbourhood

Scott Equipment Company Employees 401(k) Profit Sharing PlanScott Equipment Company Empl…$22MCanoo Inc. 401(k) Plan$22MBaffetto, Inc. 401(k) Plan and TrustBaffetto, Inc. 401(k) Plan a…$22MToa (USA) 401(k) Plan$22MSusan B. Allen Memorial Hospital 401(k) PlanSusan B. Allen Memorial Hosp…$22M
End-of-year total assets ($M) among Canoo Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Canoo Technologies Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Canoo Technologies Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 31.355669983241253% vs 2022
2024 filing year
$14M$16M$18M$20M$22M$24M 202220232024 $15.7M $20.6M ▲ +31.3%
Year Plans Participants Total Assets
2022 1 772 $16M
2023 1 815 $22M
2024 2 782 $21M

Canoo Technologies Inc. filing trail (2023)

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$22M
Net Income$6M
Employer EIN823375874
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Texas

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

Canoo Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Canoo Inc. 401(k) Plan, Total assets ($B): 0.021614713 · Participants: 815Canoo Inc. 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Canoo Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Canoo Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Baffetto, Inc. 401(k) Plan and Trust in WA ($22M); by covered participants it is Electric Glass Fiber America, LLC 401(k) Plan in NC (815 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($22M here).

Similar participant headcount

Nearest other-state filings by covered participants (815 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 Canoo Inc. 401(k) Plan assets move in 2023? ▼
Canoo Inc. 401(k) Plan surged - up 38.1% during 2023, from $16M to $22M. Reported net income was $6M.
How have Canoo Technologies Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Canoo Technologies Inc.'s sponsor-wide assets grew 31.4%, from $16M to $21M.
Which 401(k) plans are similar in size to Canoo Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Baffetto, Inc. 401(k) Plan and Trust in WA ($22M, 629 participants).
Which 401(k) plans cover a similar participant headcount to Canoo Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Electric Glass Fiber America, LLC 401(k) Plan in NC (815 participants, $53M 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 823375874.

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.