401(k) · DOL Form 5500 · 2024
Shopify (USA), Inc. 401(k) Plan
Data updated 2026-08-11
- $176M
- Total assets
- 1,670
- Participants
- 94th
- Percentile by assets
- $105,215
- Avg per participant
Official DOL plan name: Shopify (USA), Inc. 401(k) Plan · Sponsored by Shopify (USA), Inc. · New York · Information & Media
$176M in assets, 1,670 participants
Shopify (USA), Inc.'s Shopify (USA), Inc. 401(k) Plan reported $176M in total assets and 1,670 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)
- #2,560 in Information & Media (2,822 peers)
Coverage in New York
Shopify (USA), Inc. 401(k) Plan covers 1,670 participants in New York, 2.1x the typical New York plan (state average ~798 per filing). Assets: $176M.
- $176M
- total plan assets (2024 EOY)
- 1,670
- covered participants
- 94th
- percentile by assets (of 123,622 plans)
- $105,215
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Shopify (USA), Inc. 401(k) Plan reported net income rose from $34M in the plan year 2023 filing to $54M in the plan year 2024 filing.
- Shopify (USA), Inc. 401(k) Plan end-of-year assets rose from $121M in the plan year 2023 filing to $176M in the plan year 2024 filing.
- Shopify (USA), Inc. 401(k) Plan reported participants fell from 2,482 in the plan year 2023 filing to 1,670 in the plan year 2024 filing.
Participants vs New York filers
In New York, the average filing covers about 798 participants across 9,061 plans. Shopify (USA), Inc. 401(k) Plan reports 1,670 participants - 2.1x that state average ($176M EOY assets).
New York filing particulars
| Total Assets (Beginning of Year) | $121M |
|---|---|
| Net Assets (End of Year) | $176M |
| Net Income | $54M |
| Employer EIN | 471039071 |
| Plan Effective Date | 2018-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Shopify (USA), Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,842 | $82M |
| 2023 | 1 | 2,482 | $121M |
| 2024 | 1 | 1,670 | $176M |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Shopify (USA), Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
- IBM 401(k) Plan $60.4B · 52,674
- Morgan Stanley 401(k) Plan $22.2B · 53,860
- Pfizer Savings Plan $22.0B · 33,309
- The Pepsico Savings Plan $14.9B · 137,398
- The Goldman Sachs 401(k) Plan $12.8B · 23,227
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Shopify (USA), Inc. 401(k) Plan by total assets, not by location.
- Vystar Credit Union 401(k) Plan (FL) $176M · 2,264
- Tallahassee Memorial Healthcare 403(b) Retirement Savings Plan (FL) $176M · 5,035
- Olam America Employee Savings Plan (CA) $176M · 3,048
- Boies Schiller Flexner LLP Retirement Savings Plan (DC) $176M · 320
Frequently Asked Questions
How did Shopify (USA), Inc. 401(k) Plan assets move in 2024? ▼
How have Shopify (USA), Inc. plan assets changed over time? ▼
Where does Shopify (USA), Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
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Next read for Shopify (USA), Inc. 401(k) Plan
Filing takeaways
Ways to act on Shopify (USA), Inc. 401(k) Plan's numbers.
- By total assets, Shopify (USA), 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 New York. Compare plans
- Shopify (USA), Inc.'s sponsor-wide assets have grown 115.6% since 2022 across 3 plan years on file. More Information & Media plans