401(k) · DOL Form 5500 · 2023

Snap Inc. 401(k) Plan

Data updated 2026-08-11

$615M
Total assets
3,719
Participants
98th
Percentile by assets
$165,310
Avg per participant
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Official DOL plan name: Snap Inc. 401(k) Retirement Savings Plan · Sponsored by Snap Inc. · California · Professional & Technical Services

$615M in assets, 3,719 participants

Snap Inc.'s Snap Inc. 401(k) Retirement Savings Plan reported $615M in total assets and 3,719 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #20,030 in Professional & Technical Services (20,321 peers)

Coverage in California

Snap Inc. 401(k) Retirement Savings Plan covers 3,719 participants in California, 5.9x the typical California plan (state average ~630 per filing). Assets: $615M.

$615M
total plan assets (2023 EOY)
3,719
covered participants
98th
percentile by assets (of 127,072 plans)
$165,310
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Snap Inc. 401(k) Retirement Savings Plan reported net income rose from $21M in the plan year 2022 filing to $186M in the plan year 2023 filing.
  • Snap Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $428M in the plan year 2022 filing to $615M in the plan year 2023 filing.
  • Snap Inc. 401(k) Retirement Savings Plan reported participants fell from 4,057 in the plan year 2022 filing to 3,719 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Snap Inc. 401(k) Retirement Savings Plan reports 3,719 participants - 5.9x that state average ($615M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$428M
Net Assets (End of Year)$615M
Net Income$186M
Employer EIN455452795
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Snap Inc.)

$200M$400M$600M$800M$1,000M 202220232024 $428M $780M ▲ +82.0%
Total plan assets by year, all Snap Inc. plans on file
Year Plans Participants Total Assets
2022 1 4,057 $428M
2023 1 3,719 $615M
2024 1 3,832 $780M

Nearby 401(k) Plans in California

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

Snap Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Snap Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Snap Inc. 401(k) Ret…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Snap Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Snap Inc. 401(k) Retirement Savings Plan assets move in 2023?
Snap Inc. 401(k) Retirement Savings Plan surged - up 43.5% during 2023, from $428M to $615M. Reported net income was $186M.
How have Snap Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Snap Inc.'s sponsor-wide assets grew 82.0%, from $428M to $780M.
Where does Snap Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Snap Inc. 401(k) Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Snap Inc. 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan in UT ($615M, 1,802 participants).

Filing takeaways

Ways to act on Snap Inc. 401(k) Retirement Savings Plan's numbers.