401(k) · DOL Form 5500 · 2023

Upgrade Inc. 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
1,170
Participants Near avg headcount
79th
Percentile by assets National rank
$24,599
Avg per participant Low balance/head
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Official DOL plan name: Upgrade Inc. 401(k) Plan · Sponsored by Upgrade Inc. · California · Finance & Insurance

$29M in assets, 1,170 participants

Upgrade Inc.'s Upgrade Inc. 401(k) Plan reported $29M in total assets and 1,170 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #5,966 in Finance & Insurance (8,869 peers)

Where Upgrade Inc. 401(k) Plan sits by assets

Upgrade Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $29M for 1,170 participants (~$24,599/participant), up 90.2% in 2023.

#5,966
in Finance & Insurance (8,869 peers)
+90.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Upgrade Inc. 401(k) Plan's outsized position by total assets

Upgrade Inc. 401(k) Plan vs every filed plan by assets

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

$28,781,312 Top 21% higher than 79% 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

Upgrade 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. Upgrade Inc. 401(k) Plan lands in the large band (1,170 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Upgrade Inc. 401(k) Plan reported net income rose from $5M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Upgrade Inc. 401(k) Plan reported participants rose from 522 in the plan year 2022 filing to 1,170 in the plan year 2023 filing.
  • Upgrade Inc. 401(k) Plan end-of-year assets rose from $15M in the plan year 2022 filing to $29M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 812807376 · Upgrade Inc. PY 2023 · 401(k)

Upgrade Inc. 401(k) Plan · $29M · 1,170 · 79th

  • IND $29M
  • IND 1,170
  • IND 79th
  • IND 401(k)
  • IND near Uropartners, LLC 401(k) Profit Sharing Plan
  • IND ind #5966

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 Finance & Insurance retirement plans → · Plans in California →

Upgrade Inc. 401(k) Plan in the asset neighbourhood

Hfs 401(k) Savings Plan$29MYes Management, LLC 401(k) PlanYes Management, LLC 401(k) P…$29MUpgrade Inc. 401(k) Plan$29MUropartners, LLC 401(k) Profit Sharing PlanUropartners, LLC 401(k) Prof…$29MA-P-T Research, Inc. 401(k) PlanA-P-T Research, Inc. 401(k) …$29M
End-of-year total assets ($M) among Upgrade 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)$15M
Net Assets (End of Year)$29M
Net Income$14M
Employer EIN812807376
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Upgrade Inc.)

Sponsor-wide plan assets over time

All Upgrade Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$55M 260.4164844940267% vs 2022
2024 filing year
$0M$20M$40M$60M 202220232024 $15.1M $54.5M ▲ +260.4%
Year Plans Participants Total Assets
2022 2 1,124 $15M
2023 1 1,170 $29M
2024 1 1,221 $55M

Nearby 401(k) Plans in California

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

Upgrade Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Upgrade Inc. 401(k) Plan, Total assets ($B): 0.028781312 · Participants: 1170Upgrade Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Upgrade Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

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

Outside California, the nearest 401(k) by assets is Uropartners, LLC 401(k) Profit Sharing Plan in IL ($29M); by covered participants it is Garver Retirement Plan in AR (1,170 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($29M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,170 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 Upgrade Inc. 401(k) Plan assets move in 2023?
Upgrade Inc. 401(k) Plan surged - up 90.2% during 2023, from $15M to $29M. Reported net income was $14M.
How have Upgrade Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Upgrade Inc.'s sponsor-wide assets grew 260.4%, from $15M to $55M.
Where does Upgrade Inc. 401(k) Plan rank by assets among Form 5500 filers?
Upgrade Inc. 401(k) Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Upgrade Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Uropartners, LLC 401(k) Profit Sharing Plan in IL ($29M, 413 participants).
Which 401(k) plans cover a similar participant headcount to Upgrade Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Garver Retirement Plan in AR (1,170 participants, $147M in assets).