401(k) · DOL Form 5500 · 2024

Toast, Inc. 401(k) Plan

Data updated 2026-08-25

$323M
Total assets Above avg plan size
4,696
Participants Above avg headcount
96th
Percentile by assets National rank
$68,825
Avg per participant Below avg balance/head
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Official DOL plan name: Toast, Inc. 401(k) Plan · Sponsored by Toast, Inc. · Massachusetts · Professional & Technical Services

$323M in assets, 4,696 participants

Toast, Inc.'s Toast, Inc. 401(k) Plan reported $323M in total assets and 4,696 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #19,580 in Professional & Technical Services (20,173 peers)

Coverage in Massachusetts

Toast, Inc. 401(k) Plan covers 4,696 participants in Massachusetts, 7.1x the typical Massachusetts plan (state average ~659 per filing). Assets: $323M.

#19,580
in Professional & Technical Services (20,173 peers)
+42.4%
assets growth YoY
3.2×
vs typical plan assets (national mean)

Toast, Inc. 401(k) Plan's outsized position by total assets

Toast, Inc. 401(k) Plan vs every filed plan by assets

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

$323,204,006 Top 4% higher than 96% 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

Toast, Inc. 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. Toast, Inc. 401(k) Plan lands in the large band (4,696 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Toast, Inc. 401(k) Plan end-of-year assets rose from $227M in the plan year 2023 filing to $323M in the plan year 2024 filing.
  • Toast, Inc. 401(k) Plan reported participants rose from 4,009 in the plan year 2023 filing to 4,696 in the plan year 2024 filing.
  • Toast, Inc. 401(k) Plan reported net income fell from $103M in the plan year 2023 filing to $96M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 454168768 · Toast, Inc. PY 2024 · 401(k)

Toast, Inc. 401(k) Plan · $323M · 4,696 · 96th

  • PHOTO $323M
  • PHOTO 4,696
  • PHOTO 96th
  • PHOTO 401(k)
  • PHOTO near Alex Lee, Inc. and Affiliates Retirement Savings Plan
  • PHOTO ind #19580

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 Massachusetts →

Toast, Inc. 401(k) Plan in the asset neighbourhood

Vegetation and Utility Services Employees 401(k) Savings PlanVegetation and Utility Servi…$323MThe Capfinancial Group, LLC 401(k) PlanThe Capfinancial Group, LLC …$323MToast, Inc. 401(k) Plan$323MAlex Lee, Inc. and Affiliates Retirement Savings PlanAlex Lee, Inc. and Affiliate…$323MWyndham Hotel Group Employee Savings PlanWyndham Hotel Group Employee…$323M
End-of-year total assets ($M) among Toast, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$227M
Net Assets (End of Year)$323M
Net Income$96M
Employer EIN454168768
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Toast, Inc.)

Sponsor-wide plan assets over time

All Toast, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$323M 160.96862147989629% vs 2022
2024 filing year
$100M$200M$300M$400M 202220232024 $124M $323M ▲ +161.0%
Year Plans Participants Total Assets
2022 1 2,915 $124M
2023 1 4,009 $227M
2024 1 4,696 $323M

Nearby 401(k) Plans in Massachusetts

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

Toast, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -10010203040 Total assets ($B) Participants Toast, Inc. 401(k) Plan, Total assets ($B): 0.323204006 · Participants: 4696Toast, Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Toast, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Toast, Inc. 401(k) Plan side-by-side with 3 peers →

Toast, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Alex Lee, Inc. and Affiliates Retirement Savings Plan in NC ($323M); by covered participants it is Walsh Group Employees Profit Sharing Plan in IL (4,698 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,696 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 Toast, Inc. 401(k) Plan assets move in 2024? ▼
Toast, Inc. 401(k) Plan surged - up 42.4% during 2024, from $227M to $323M. Reported net income was $96M.
How have Toast, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Toast, Inc.'s sponsor-wide assets grew 161.0%, from $124M to $323M.
Where does Toast, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Toast, Inc. 401(k) Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Toast, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Alex Lee, Inc. and Affiliates Retirement Savings Plan in NC ($323M, 10,772 participants).
Which 401(k) plans cover a similar participant headcount to Toast, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Walsh Group Employees Profit Sharing Plan in IL (4,698 participants, $611M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 454168768.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.