401(k) · DOL Form 5500 · 2023

Avalara, Inc. 401(k) Plan

Data updated 2026-08-25

$176M
Total assets Near avg plan size
2,579
Participants Above avg headcount
94th
Percentile by assets National rank
$68,407
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#19,389
in Professional & Technical Services (20,321 peers)
+47.1%
assets growth YoY
1.8×
vs typical plan assets (national mean)

Avalara, Inc. 401(k) Plan's outsized position 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 $2,050,000,000 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

Avalara, 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. Avalara, Inc. 401(k) Plan lands in the large band (2,579 participants).

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 →

Plan-year Form 5500 strip

Filing strip 911995935 · Avalara, Inc. PY 2023 · 401(k)

Avalara, Inc. 401(k) Plan · $176M · 2,579 · 94th

  • BOY $176M
  • SCH 2,579
  • EBSA 94th
  • PART 401(k)
  • TYPE near Genesco Salary Deferral Plan
  • NET ind #19389

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 Washington →

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

Horiba Instruments Incorporated 401(k) PlanHoriba Instruments Incorpora…$176MEntrust Solutions Group Retirement Savings PlanEntrust Solutions Group Reti…$176MFairfax Radiological Consultants P.C. Employees' Profit Sharing PlanFairfax Radiological Consult…$176MAvalara, Inc. 401(k) Plan$176MGenesco Salary Deferral Plan$176M
End-of-year total assets ($M) among Avalara, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Avalara, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$232M 93.69765127038445% vs 2022
2024 filing year
$100M$150M$200M$250M 202220232024 $120M $232M ▲ +93.7%
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 ($B) Participants Avalara, Inc. 401(k) Plan, Total assets ($B): 0.176421135 · Participants: 2579Avalara, Inc. 401(k) PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(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 →

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

Outside Washington, the nearest 401(k) by assets is Genesco Salary Deferral Plan in TN ($176M); by covered participants it is Hussmann Corporation Employee Savings Plan in MO (2,580 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,579 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 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).
Which 401(k) plans cover a similar participant headcount to Avalara, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hussmann Corporation Employee Savings Plan in MO (2,580 participants, $376M 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 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.