401(k) · DOL Form 5500 · 2023

Avalara, Inc. 401(k) Plan

Data updated 2026-08-11

$176M
Total assets
2,579
Participants
94th
Percentile by assets
$68,407
Avg per participant
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Official DOL plan name: Avalara, Inc. 401(k) Plan · Sponsored by Avalara, Inc. · Washington · Professional & Technical Services

$176M in assets, 2,579 participants

Avalara, Inc.'s Avalara, Inc. 401(k) Plan reported $176M in total assets and 2,579 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #19,389 in Professional & Technical Services (20,321 peers)

Where Avalara, Inc. 401(k) Plan sits by assets

Avalara, Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $176M for 2,579 participants (~$68,407/participant), up 47.1% in 2023.

$176M
total plan assets (2023 EOY)
2,579
covered participants
94th
percentile by assets (of 127,072 plans)
$68,407
avg assets per participant

Where Avalara, Inc. 401(k) Plan sits by total assets

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

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

$176,421,135 Top 6% higher than 94% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Avalara, Inc. 401(k) Plan reported net income rose from $11M in the plan year 2022 filing to $57M in the plan year 2023 filing.
  • Avalara, Inc. 401(k) Plan end-of-year assets rose from $120M in the plan year 2022 filing to $176M in the plan year 2023 filing.
  • Avalara, Inc. 401(k) Plan reported participants rose from 2,304 in the plan year 2022 filing to 2,579 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Washington
Industry
Professional & Technical Services

Avalara, Inc. 401(k) Plan vs the 2023 asset distribution

By assets, Avalara, Inc. 401(k) Plan outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$120M
Net Assets (End of Year)$176M
Net Income$57M
Employer EIN911995935
Plan Effective Date2006-12-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Avalara, Inc.)

$100M$150M$200M$250M 202220232024 $120M $232M ▲ +93.7%
Total plan assets by year, all Avalara, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,304 $120M
2023 1 2,579 $176M
2024 1 2,522 $232M

Nearby 401(k) Plans in Washington

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

Avalara, Inc. 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Avalara, Inc. 401(k)…, Total assets ($B): 0.176421135 · Participants: 2579Avalara, Inc. 401(k)…The Boeing Company 4…, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 4…Microsoft Corporatio…, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporatio…Costco 401(k) Retire…, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retire…T-Mobile USA, Inc. 4…, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 4…401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Avalara, Inc. 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Avalara, Inc. 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Avalara, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Avalara, Inc. 401(k) Plan assets move in 2023? ▼
Avalara, Inc. 401(k) Plan surged - up 47.1% during 2023, from $120M to $176M. Reported net income was $57M.
How have Avalara, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Avalara, Inc.'s sponsor-wide assets grew 93.7%, from $120M to $232M.
Where does Avalara, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Avalara, Inc. 401(k) Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Avalara, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Genesco Salary Deferral Plan in TN ($176M, 8,192 participants).

Next read for Avalara, Inc. 401(k) Plan

Scale reading

Ways to act on Avalara, Inc. 401(k) Plan's numbers.

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 911995935.

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.