401(k) · DOL Form 5500 · 2023

Thredup Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets: 1,308
Participants Near avg headcount: 68th
Percentile by assets National rank: $11,733
Avg per participant Low balance/head

PlainRetire home → About this data RSS: change history

Official DOL plan name: Thredup 401(k) Plan · Sponsored by Thredup Inc. · California · Retail Trade

$15M in assets, 1,308 participants

Thredup Inc.'s Thredup 401(k) Plan reported $15M in total assets and 1,308 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

#6,590 in Retail Trade (8,414 peers)

Coverage in California

Thredup 401(k) Plan covers 1,308 participants in California, 2.1x the typical California plan (state average ~630 per filing). Assets: $15M.

#6,590
in Retail Trade (8,414 peers): +49.9%
assets growth YoY

Thredup 401(k) Plan's outsized position by total assets

Thredup 401(k) Plan vs every filed plan by assets

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

$15,346,925 Top 32% higher than 68% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Thredup 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. Thredup 401(k) Plan lands in the large band (1,308 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Thredup 401(k) Plan reported net income rose from $1M in the plan year 2022 filing to $5M in the plan year 2023 filing.
Thredup 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $15M in the plan year 2023 filing.
Thredup 401(k) Plan reported participants fell from 1,475 in the plan year 2022 filing to 1,308 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 264009181 · Thredup Inc. PY 2023 · 401(k)

Thredup 401(k) Plan · $15M · 1,308 · 68th

RANK $15M
RANK 1,308
RANK 68th
RANK 401(k)
RANK near The Lifetime Value Co., LLC Retirement Trust
RANK ind #6590

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 Retail Trade retirement plans → · Plans in California →

End-of-year total assets ($M) among Thredup 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)	$10M
Net Assets (End of Year)	$15M
Net Income	$5M
Employer EIN	264009181
Plan Effective Date	2013-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Thredup Inc.)

Latest sponsor-wide plan assets: $19M 81.11651528469577% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	1,475	$10M
2023	1	1,308	$15M
2024	1	1,497	$19M

Nearby 401(k) Plans in California

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

Thredup 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Wells Fargo & Company 401(k) Plan $51.8B · 193,919
Google LLC 401(k) Savings Plan $39.0B · 122,867
Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
Intel 401(k) Savings Plan $22.2B · 59,863
Apple 401(k) Plan $19.8B · 106,111

Compare Thredup 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is The Lifetime Value Co., LLC Retirement Trust in NY ($15M); by covered participants it is Devry University 401(k) Savings Plan in IL (1,308 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

The Lifetime Value Co., LLC Retirement Trust (NY) $15M · 154
Soliant Consulting, Inc. 401(k) Plan (IL) $15M · 70
The Sam Bernstein Law Firm Pll 401(k) Profit Sharing Plan & Trust (MI) $15M · 116
Victoria Air Conditioning, Ltd. 401(k) Profit Sharing Plan and Trust (TX) $15M · 132

Similar participant headcount

Nearest other-state filings by covered participants (1,308 participants); asset peers above are excluded.

Devry University 401(k) Savings Plan (IL) 1,308 · 0 off
Kokosing Construction Company, Inc. Union 401 (K) Plan (OH) 1,308 · 0 off
Continental Services 401(k) Profit Sharing Plan (MI) 1,307 · 1 off
E. a. Renfroe & Company, Inc. 401(k) Plan (AL) 1,307 · 1 off

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 Thredup 401(k) Plan assets move in 2023? ▼

Thredup 401(k) Plan surged - up 49.9% during 2023, from $10M to $15M. Reported net income was $5M.

How have Thredup Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Thredup Inc.'s sponsor-wide assets grew 81.1%, from $10M to $19M.

Which 401(k) plans are similar in size to Thredup 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is The Lifetime Value Co., LLC Retirement Trust in NY ($15M, 154 participants).

Which 401(k) plans cover a similar participant headcount to Thredup 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Devry University 401(k) Savings Plan in IL (1,308 participants, $194M 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 264009181.