401(k) · DOL Form 5500 · 2023

Transferwise, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
528
Participants Below avg headcount
60th
Percentile by assets National rank
$19,783
Avg per participant Low balance/head
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Official DOL plan name: Wise US, Inc. 401(k) Plan · Sponsored by Transferwise, Inc. · Florida · Finance & Insurance

$10M in assets, 528 participants

Transferwise, Inc.'s Wise US, Inc. 401(k) Plan reported $10M in total assets and 528 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #3,935 in Finance & Insurance (8,869 peers)

Transferwise, Inc. multi-year trail

Transferwise, Inc.'s plans moved +162.9% in assets from 2022 to 2024; this filing shows Wise US, Inc. 401(k) Plan at $10M / 528 participants.

#3,935
in Finance & Insurance (8,869 peers)
+85.1%
assets growth YoY

Wise US, Inc. 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Wise US, Inc. 401(k) Plan vs every filed plan by assets

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

$10,445,495 Top 40% higher than 60% 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

Wise US, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wise US, Inc. 401(k) Plan sits mid-pack in the medium band (528 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wise US, Inc. 401(k) Plan reported net income rose from $440K in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Wise US, Inc. 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Wise US, Inc. 401(k) Plan reported participants rose from 299 in the plan year 2022 filing to 528 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 453233521 · Transferwise, Inc. PY 2023 · 401(k)

Wise US, Inc. 401(k) Plan · $10M · 528 · 60th

  • PHOTO $10M
  • PHOTO 528
  • PHOTO 60th
  • PHOTO 401(k)
  • PHOTO near Relo Redac, Inc. 401(k) Plan
  • PHOTO ind #3935

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 Florida →

Wise US, Inc. 401(k) Plan in the asset neighbourhood

Wise US, Inc. 401(k) Plan$10MRelo Redac, Inc. 401(k) Plan$10MAmericollect 401(k) Plan$10MAps Healthcare Puerto Rico Retirement Savings PlanAps Healthcare Puerto Rico R…$10MCentennial Bank, Inc. Profit Sharing PlanCentennial Bank, Inc. Profit…$10M
End-of-year total assets ($M) among Wise US, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Transferwise, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Transferwise, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 162.86603261625632% vs 2022
2024 filing year
$0M$5M$10M$15M$20M 202220232024 $5.64M $14.8M ▲ +162.9%
Year Plans Participants Total Assets
2022 1 299 $6M
2023 1 528 $10M
2024 1 661 $15M

Transferwise, Inc. filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$10M
Net Income$5M
Employer EIN453233521
Plan Effective Date2015-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Florida

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

Wise US, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Wise US, Inc. 401(k) Plan, Total assets ($B): 0.010445495 · Participants: 528Wise US, Inc. 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Wise US, Inc. 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Wise US, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Florida, the nearest 401(k) by assets is Relo Redac, Inc. 401(k) Plan in NY ($10M); by covered participants it is Citadel Retirement Plan in PA (528 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (528 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 Wise US, Inc. 401(k) Plan assets move in 2023? ▼
Wise US, Inc. 401(k) Plan surged - up 85.1% during 2023, from $6M to $10M. Reported net income was $5M.
How have Transferwise, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Transferwise, Inc.'s sponsor-wide assets grew 162.9%, from $6M to $15M.
Which 401(k) plans are similar in size to Wise US, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Relo Redac, Inc. 401(k) Plan in NY ($10M, 191 participants).
Which 401(k) plans cover a similar participant headcount to Wise US, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Citadel Retirement Plan in PA (528 participants, $76M 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 453233521.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.