401(k) · DOL Form 5500 · 2024
Simplisafe, Inc. 401(k) Plan
Data updated 2026-08-25
- $55M
- Total assets Below avg plan size
- 1,155
- Participants Near avg headcount
- 85th
- Percentile by assets National rank
- $47,912
- Avg per participant Low balance/head
Official DOL plan name: Simplisafe 401(k) Plan · Sponsored by Simplisafe, Inc. · Massachusetts · Retail Trade
$55M in assets, 1,155 participants
Simplisafe, Inc.'s Simplisafe 401(k) Plan reported $55M in total assets and 1,155 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.
- #7,381 in Retail Trade (8,048 peers)
Where Simplisafe 401(k) Plan sits by assets
Simplisafe 401(k) Plan sits in the top quartile of all filed plans by assets, $55M for 1,155 participants (~$47,912/participant), up 44.0% in 2024.
- #7,381
- in Retail Trade (8,048 peers)
- +44.0%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Simplisafe 401(k) Plan's outsized position by total assets
Simplisafe 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$55,338,034 Top 15% higher than 85% 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
Simplisafe 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. Simplisafe 401(k) Plan lands in the large band (1,155 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Simplisafe 401(k) Plan end-of-year assets rose from $38M in the plan year 2023 filing to $55M in the plan year 2024 filing.
- Simplisafe 401(k) Plan reported net income rose from $16M in the plan year 2023 filing to $17M in the plan year 2024 filing.
- Simplisafe 401(k) Plan reported participants rose from 1,074 in the plan year 2023 filing to 1,155 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 205367003 · Simplisafe, Inc. PY 2024 · 401(k)
Simplisafe 401(k) Plan · $55M · 1,155 · 85th
- ASSETS $55M
- ASSETS 1,155
- ASSETS 85th
- ASSETS 401(k)
- ASSETS near Bundy Associates Retirement Plan
- ASSETS ind #7381
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 Retail Trade retirement plans → · Plans in Massachusetts →
Simplisafe 401(k) Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $38M |
|---|---|
| Net Assets (End of Year) | $55M |
| Net Income | $17M |
| Employer EIN | 205367003 |
| Plan Effective Date | 2018-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Simplisafe, Inc.)
Sponsor-wide plan assets over time
All Simplisafe, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $55M 141.73783967196923% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 805 | $23M |
| 2023 | 1 | 1,074 | $38M |
| 2024 | 1 | 1,155 | $55M |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Fidelity Retirement Savings Plan $34.2B · 66,907
- Liberty Mutual 401(k) Plan $11.4B · 34,618
- Massachusetts Institute of Technology Supplemental 401(k) Plan $7.7B · 14,762
- Boston Scientific Corporation 401(k) Retirement Savings Plan $6.8B · 20,639
- State Street Salary Savings Program $6.5B · 12,777
Simplisafe 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Massachusetts, the nearest 401(k) by assets is Bundy Associates Retirement Plan in OH ($55M); by covered participants it is Harnish Group Inc. Retirement Plan in WA (1,155 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($55M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,155 participants); asset peers above are excluded.
- Harnish Group Inc. Retirement Plan (WA) 1,155 · 0 off
- Cbn 401(k) Retirement Plan (VA) 1,155 · 0 off
- Thrift Plan for Employees of the American Bar Association and Affiliates (IL) 1,155 · 0 off
- Connectwise, LLC. 401(k) Plan (FL) 1,155 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.