401(k) · DOL Form 5500 · 2023

Dropbox, Inc. 401(k) Plan

Data updated 2026-08-11

$438M
Total assets
2,611
Participants
97th
Percentile by assets
$167,736
Avg per participant
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Official DOL plan name: Dropbox 401(k) Plan · Sponsored by Dropbox, Inc. · California · Information & Media

$438M in assets, 2,611 participants

Dropbox, Inc.'s Dropbox 401(k) Plan reported $438M in total assets and 2,611 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #2,678 in Information & Media (2,818 peers)

Coverage in California

Dropbox 401(k) Plan covers 2,611 participants in California, 4.1x the typical California plan (state average ~630 per filing). Assets: $438M.

$438M
total plan assets (2023 EOY)
2,611
covered participants
97th
percentile by assets (of 127,072 plans)
$167,736
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Dropbox 401(k) Plan reported net income rose from -$8M in the plan year 2022 filing to $120M in the plan year 2023 filing.
  • Dropbox 401(k) Plan end-of-year assets rose from $317M in the plan year 2022 filing to $438M in the plan year 2023 filing.
  • Dropbox 401(k) Plan reported participants rose from 2,316 in the plan year 2022 filing to 2,611 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. Dropbox 401(k) Plan reports 2,611 participants - 4.1x that state average ($438M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$317M
Net Assets (End of Year)$438M
Net Income$120M
Employer EIN260138832
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Dropbox, Inc.)

$200M$300M$400M$500M$600M 202220232024 $317M $542M ▲ +70.6%
Total plan assets by year, all Dropbox, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,316 $317M
2023 1 2,611 $438M
2024 1 2,241 $542M

Nearby 401(k) Plans in California

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

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

Dropbox 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 Dropbox 401(k) PlanWells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Dropbox 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 Dropbox 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Dropbox 401(k) Plan assets move in 2023?
Dropbox 401(k) Plan surged - up 38.0% during 2023, from $317M to $438M. Reported net income was $120M.
How have Dropbox, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Dropbox, Inc.'s sponsor-wide assets grew 70.6%, from $317M to $542M.
Where does Dropbox 401(k) Plan rank by assets among Form 5500 filers?
Dropbox 401(k) Plan ranks in the 97th 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 Dropbox 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Amadeus North America, Inc. 401(k) Plan in FL ($438M, 2,137 participants).

Filing takeaways

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