401(k) · DOL Form 5500 · 2024

Block, Inc. 401(k) Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
9,841
Participants Very large workforce
99th
Percentile by assets National rank
$125,512
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Block 401(k) Plan · Sponsored by Block, Inc. · California · Professional & Technical Services

$1.2B in assets, 9,841 participants

Block, Inc.'s Block 401(k) Plan reported $1.2B in total assets and 9,841 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #20,002 in Professional & Technical Services (20,173 peers)

Coverage in California

Block 401(k) Plan covers 9,841 participants in California, 16x the typical California plan (state average ~630 per filing). Assets: $1.2B.

#20,002
in Professional & Technical Services (20,173 peers)
+33.7%
assets growth YoY
12×
vs typical plan assets (national mean)

Block 401(k) Plan's outsized position by total assets

Block 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,235,161,035 Top 1% higher than 99% of 123,620 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 2024

Block 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Block 401(k) Plan lands in the large band (9,841 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Block 401(k) Plan end-of-year assets rose from $924M in the plan year 2023 filing to $1.2B in the plan year 2024 filing.
  • Block 401(k) Plan reported net income fell from $349M in the plan year 2023 filing to $311M in the plan year 2024 filing.
  • Block 401(k) Plan reported participants rose from 9,358 in the plan year 2023 filing to 9,841 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 800429876 · Block, Inc. PY 2024 · 401(k)

Block 401(k) Plan · $1.2B · 9,841 · 99th

  • EIN $1.2B
  • EIN 9,841
  • EIN 99th
  • EIN 401(k)
  • EIN near Arkema Inc. Employees' Retirement Savings (401(k)) Plan
  • EIN ind #20002

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 Professional & Technical Services retirement plans → · Plans in California →

Block 401(k) Plan in the asset neighbourhood

Block 401(k) Plan$1.2BArkema Inc. Employees' Retirement Savings (401(k)) PlanArkema Inc. Employees' Retir…$1.2BPortland General Electric Company 401(k) PlanPortland General Electric Co…$1.2BMercedes-Benz U.S. International, Inc. Retirement and Savings PlanMercedes-Benz U.S. Internati…$1.2BCoadvantage Corporation Retirement Savings PlanCoadvantage Corporation Reti…$1.2B
End-of-year total assets ($B) among Block 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$924M
Net Assets (End of Year)$1.2B
Net Income$311M
Employer EIN800429876
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Block, Inc.)

Sponsor-wide plan assets over time

All Block, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 114.9347420258257% vs 2022
2024 filing year
$0.5B$1B$1.5B 202220232024 $0.57B $1.24B ▲ +117.5%
Year Plans Participants Total Assets
2022 1 7,210 $575M
2023 1 9,358 $924M
2024 1 9,841 $1.2B

Nearby 401(k) Plans in California

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

Block 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -200204060 Total assets ($B) Participants Block 401(k) Plan, Total assets ($B): 1.235161035 · Participants: 9841Block 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Block 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Block 401(k) Plan

Block 401(k) Plan reports $1.2B in end-of-year assets across 9,841 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $125,512 per participant (91% of the national average assets-per-participant) . Net income for plan year 2024 was $311M.

This plan identity (EIN 800429876, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $575M to $1.2B (+114.9%) while covered participants moved from 7,210 to 9,841 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,210 $575M Open filing
2023 9,358 $924M Open filing
2024 · index core 9,841 $1.2B This page

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

Outside California, the nearest 401(k) by assets is Arkema Inc. Employees' Retirement Savings (401(k)) Plan in PA ($1.2B); by covered participants it is East Penn Manufacturing Co. 401(k) Savings Plan in PA (9,841 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9,841 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Block 401(k) Plan assets move in 2024? ▼
Block 401(k) Plan surged - up 33.7% during 2024, from $924M to $1.2B. Reported net income was $311M.
How have Block, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Block, Inc.'s sponsor-wide assets grew 114.9%, from $575M to $1.2B.
Where does Block 401(k) Plan rank by assets among Form 5500 filers? ▼
Block 401(k) Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Block 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Arkema Inc. Employees' Retirement Savings (401(k)) Plan in PA ($1.2B, 2,917 participants).
Which 401(k) plans cover a similar participant headcount to Block 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is East Penn Manufacturing Co. 401(k) Savings Plan in PA (9,841 participants, $729M in assets).