401(k) · DOL Form 5500 · 2024
Sofi Technologies 401(k) Plan
Data updated 2026-08-11
- $193M
- Total assets
- 3,247
- Participants
- 94th
- Percentile by assets
- $59,423
- Avg per participant
Official DOL plan name: Social Finance, Inc. 401(k) Plan · Sponsored by Sofi Technologies · California · Finance & Insurance
$193M in assets, 3,247 participants
Sofi Technologies's Social Finance, Inc. 401(k) Plan reported $193M in total assets and 3,247 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 123,622 plans)
- #7,754 in Finance & Insurance (8,549 peers)
Coverage in California
Social Finance, Inc. 401(k) Plan covers 3,247 participants in California, 5.2x the typical California plan (state average ~630 per filing). Assets: $193M.
- $193M
- total plan assets (2024 EOY)
- 3,247
- covered participants
- 94th
- percentile by assets (of 123,622 plans)
- $59,423
- avg assets per participant
Where Social Finance, Inc. 401(k) Plan sits by total assets
Social Finance, Inc. 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$192,947,644 Top 6% higher than 94% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Social Finance, Inc. 401(k) Plan end-of-year assets rose from $140M in the plan year 2023 filing to $193M in the plan year 2024 filing.
- Social Finance, Inc. 401(k) Plan reported net income rose from $49M in the plan year 2023 filing to $53M in the plan year 2024 filing.
- Social Finance, Inc. 401(k) Plan reported participants rose from 3,101 in the plan year 2023 filing to 3,247 in the plan year 2024 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Social Finance, Inc. 401(k) Plan reports 3,247 participants - 5.2x that state average ($193M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $140M |
|---|---|
| Net Assets (End of Year) | $193M |
| Net Income | $53M |
| Employer EIN | 452499523 |
| Plan Effective Date | 2013-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sofi Technologies)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,450 | $89M |
| 2023 | 1 | 3,101 | $140M |
| 2024 | 1 | 3,247 | $193M |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Social Finance, Inc. 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
- Google LLC 401(k) Savings Plan $48.7B · 116,712
- Oracle Corporation 401(k) Savings and Investment Plan $31.0B · 58,962
- Intel 401(k) Savings Plan $24.9B · 55,298
- Apple 401(k) Plan $24.7B · 101,450
- Cisco Systems,Inc. 401(k) Plan $22.7B · 40,452
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Social Finance, Inc. 401(k) Plan by total assets, not by location.
- Wartsila Holding, Inc. Retirement Plan (TX) $193M · 900
- Salina Regional Health Center 401(k) Plan (KS) $193M · 2,537
- Hoerbiger US Retirement Plan (FL) $193M · 966
- Morgan & Morgan P a 401(k) Profit Sharing Plan and Trust (FL) $193M · 4,222
Frequently Asked Questions
How did Social Finance, Inc. 401(k) Plan assets move in 2024? ▼
How have Sofi Technologies plan assets changed over time? ▼
Where does Social Finance, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Social Finance, Inc. 401(k) Plan? ▼
Next read for Social Finance, Inc. 401(k) Plan
Filing takeaways
Ways to act on Social Finance, Inc. 401(k) Plan's numbers.
- By total assets, Social Finance, Inc. 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Sofi Technologies's sponsor-wide assets have grown 116.0% since 2022 across 3 plan years on file. More Finance & Insurance plans