401(k) · DOL Form 5500 · 2024
Toast, Inc. 401(k) Plan
Data updated 2026-08-11
- $323M
- Total assets
- 4,696
- Participants
- 96th
- Percentile by assets
- $68,825
- Avg per participant
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.
- 96th percentile by assets (of 123,622 plans)
- #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.
- $323M
- total plan assets (2024 EOY)
- 4,696
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $68,825
- avg assets per participant
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.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Toast, Inc. 401(k) Plan reports 4,696 participants - 7.1x that state average ($323M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $227M |
|---|---|
| Net Assets (End of Year) | $323M |
| Net Income | $96M |
| Employer EIN | 454168768 |
| Plan Effective Date | 2015-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Toast, Inc.)
| 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
- 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Toast, Inc. 401(k) Plan by total assets, not by location.
- Alex Lee, Inc. and Affiliates Retirement Savings Plan (NC) $323M · 10,772
- Wyndham Hotel Group Employee Savings Plan (NJ) $323M · 1,141
- The Capfinancial Group, LLC 401(k) Plan (NC) $323M · 1,577
- Vegetation and Utility Services Employees 401(k) Savings Plan (PA) $323M · 23,133
Frequently Asked Questions
How did Toast, Inc. 401(k) Plan assets move in 2024? ▼
How have Toast, Inc. plan assets changed over time? ▼
Where does Toast, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Toast, Inc. 401(k) Plan? ▼
Next read for Toast, Inc. 401(k) Plan
Filing takeaways
Ways to act on Toast, Inc. 401(k) Plan's numbers.
- By total assets, Toast, Inc. 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- Toast, Inc.'s sponsor-wide assets have grown 161.0% since 2022 across 3 plan years on file. More Professional & Technical Services plans