401(k) · DOL Form 5500 · 2024

Block, Inc. 401(k) Plan

Data updated 2026-08-11

$1.2B
Total assets
9,841
Participants
99th
Percentile by assets
$125,512
Avg per participant
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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.

  • 99th percentile by assets (of 123,622 plans)
  • #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.

$1.2B
total plan assets (2024 EOY)
9,841
covered participants
99th
percentile by assets (of 123,622 plans)
$125,512
avg assets per participant

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 →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Block 401(k) Plan reports 9,841 participants - 16x that state average ($1.2B EOY assets).

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.)

$0.5B$1B$1.5B 202220232024 $0.57B $1.24B ▲ +117.5%
Total plan assets by year, all Block, Inc. plans on file
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

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) PlanGoogle LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) PlanCisco Systems,Inc. 4…
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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Block 401(k) Plan by total assets, not by location.

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).

Filing takeaways

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