401(k) · DOL Form 5500 · 2023

Reddit, Inc. 401(k) Plan

Data updated 2026-08-11

$170M
Total assets
1,416
Participants
94th
Percentile by assets
$119,773
Avg per participant
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Official DOL plan name: Reddit 401(k) Plan · Sponsored by Reddit, Inc. · California · Information & Media

$170M in assets, 1,416 participants

Reddit, Inc.'s Reddit 401(k) Plan reported $170M in total assets and 1,416 participants in its 2023 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 127,072 plans)
  • #2,566 in Information & Media (2,818 peers)

Coverage in California

Reddit 401(k) Plan covers 1,416 participants in California, 2.2x the typical California plan (state average ~630 per filing). Assets: $170M.

$170M
total plan assets (2023 EOY)
1,416
covered participants
94th
percentile by assets (of 127,072 plans)
$119,773
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Reddit 401(k) Plan reported net income rose from $20M in the plan year 2022 filing to $71M in the plan year 2023 filing.
  • Reddit 401(k) Plan end-of-year assets rose from $98M in the plan year 2022 filing to $170M in the plan year 2023 filing.
  • Reddit 401(k) Plan reported participants rose from 1,192 in the plan year 2022 filing to 1,416 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. Reddit 401(k) Plan reports 1,416 participants - 2.2x that state average ($170M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$98M
Net Assets (End of Year)$170M
Net Income$71M
Employer EIN452546501
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Reddit, Inc.)

$0M$100M$200M$300M$400M$500M 202220232024 $98.4M $390M ▲ +296.5%
Total plan assets by year, all Reddit, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,192 $98M
2023 1 1,416 $170M
2024 4 2,996 $390M

Nearby 401(k) Plans in California

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

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

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

Frequently Asked Questions

How did Reddit 401(k) Plan assets move in 2023?
Reddit 401(k) Plan surged - up 72.5% during 2023, from $98M to $170M. Reported net income was $71M.
How have Reddit, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Reddit, Inc.'s sponsor-wide assets grew 296.6%, from $98M to $390M.
Where does Reddit 401(k) Plan rank by assets among Form 5500 filers?
Reddit 401(k) Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Reddit 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Rxo 401(k) Plan in NC ($170M, 7,462 participants).

Filing takeaways

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