401(k) · DOL Form 5500 · 2023

Lendingclub Corporation 401(k) Plan

Data updated 2026-08-11

$132M
Total assets
1,514
Participants
93rd
Percentile by assets
$86,934
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Lendingclub Corporation 401(k) Plan · Sponsored by Lendingclub Corporation · California · Finance & Insurance

$132M in assets, 1,514 participants

Lendingclub Corporation's Lendingclub Corporation 401(k) Plan reported $132M in total assets and 1,514 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #7,883 in Finance & Insurance (8,869 peers)

Coverage in California

Lendingclub Corporation 401(k) Plan covers 1,514 participants in California, 2.4x the typical California plan (state average ~630 per filing). Assets: $132M.

$132M
total plan assets (2023 EOY)
1,514
covered participants
93rd
percentile by assets (of 127,072 plans)
$86,934
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lendingclub Corporation 401(k) Plan reported net income rose from -$9M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Lendingclub Corporation 401(k) Plan reported participants rose from 1,245 in the plan year 2022 filing to 1,514 in the plan year 2023 filing.
  • Lendingclub Corporation 401(k) Plan end-of-year assets rose from $109M in the plan year 2022 filing to $132M 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. Lendingclub Corporation 401(k) Plan reports 1,514 participants - 2.4x that state average ($132M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$109M
Net Assets (End of Year)$132M
Net Income$22M
Employer EIN510605731
Plan Effective Date2013-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lendingclub Corporation)

$100M$120M$140M$160M 202220232024 $109M $145M ▲ +33.0%
Total plan assets by year, all Lendingclub Corporation plans on file
Year Plans Participants Total Assets
2022 1 1,245 $109M
2023 1 1,514 $132M
2024 1 1,008 $145M

Nearby 401(k) Plans in California

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

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

Lendingclub Corporation 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Lendingclub Corporat…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Lendingclub Corporation 401(k) 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 Lendingclub Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Lendingclub Corporation 401(k) Plan assets move in 2023?
Lendingclub Corporation 401(k) Plan grew sharply - up 20.6% during 2023, from $109M to $132M. Reported net income was $22M.
How have Lendingclub Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Lendingclub Corporation's sponsor-wide assets grew 33.0%, from $109M to $145M.
Where does Lendingclub Corporation 401(k) Plan rank by assets among Form 5500 filers?
Lendingclub Corporation 401(k) Plan ranks in the 93rd 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 Lendingclub Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Cold Spring Granite Company 401(k) Retirement Plan in MN ($132M, 878 participants).

Next read for Lendingclub Corporation 401(k) Plan

Filing takeaways

Ways to act on Lendingclub Corporation 401(k) Plan's numbers.