401(k) · DOL Form 5500 · 2024

Spotify USA Inc. 401(k) Plan

Data updated 2026-08-25

$566M
Total assets Above avg plan size
4,115
Participants Above avg headcount
97th
Percentile by assets National rank
$137,506
Avg per participant Near avg balance/head
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Official DOL plan name: Spotify USA Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Spotify USA Inc. · New York · Professional & Technical Services

$566M in assets, 4,115 participants

Spotify USA Inc.'s Spotify USA Inc. 401(k) Profit Sharing Plan and Trust reported $566M in total assets and 4,115 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #19,816 in Professional & Technical Services (20,173 peers)

Coverage in New York

Spotify USA Inc. 401(k) Profit Sharing Plan and Trust covers 4,115 participants in New York, 5.2x the typical New York plan (state average ~798 per filing). Assets: $566M.

#19,816
in Professional & Technical Services (20,173 peers)
+24.8%
assets growth YoY
5.7×
vs typical plan assets (national mean)

Spotify USA Inc. 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Spotify USA Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$565,838,485 Top 3% higher than 97% 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

Spotify USA Inc. 401(k) Profit Sharing Plan and Trust'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. Spotify USA Inc. 401(k) Profit Sharing Plan and Trust lands in the large band (4,115 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Spotify USA Inc. 401(k) Profit Sharing Plan and Trust reported net income fell from $152M in the plan year 2023 filing to $113M in the plan year 2024 filing.
  • Spotify USA Inc. 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $453M in the plan year 2023 filing to $566M in the plan year 2024 filing.
  • Spotify USA Inc. 401(k) Profit Sharing Plan and Trust reported participants fell from 4,271 in the plan year 2023 filing to 4,115 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 800555431 · Spotify USA Inc. PY 2024 · 401(k)

Spotify USA Inc. 401(k) Profit Sharing Plan and Trust · $566M · 4,115 · 97th

  • NET $566M
  • NET 4,115
  • NET 97th
  • NET 401(k)
  • NET near Gpi Hourly Savings Plan
  • NET ind #19816

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 New York →

Spotify USA Inc. 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Spotify USA Inc. 401(k) Profit Sharing Plan and TrustSpotify USA Inc. 401(k) Prof…$566MGpi Hourly Savings Plan$566MUofl Health 401(k) Plan$566M401(k) Plan for the Washington Post and Companies401(k) Plan for the Washingt…$566MPacific Dental Services, LLC 401(k) PlanPacific Dental Services, LLC…$565M
End-of-year total assets ($M) among Spotify USA Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$453M
Net Assets (End of Year)$566M
Net Income$113M
Employer EIN800555431
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spotify USA Inc.)

Sponsor-wide plan assets over time

All Spotify USA Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$566M 88.03711447316047% vs 2022
2024 filing year
$200M$300M$400M$500M$600M 202220232024 $301M $566M ▲ +88.0%
Year Plans Participants Total Assets
2022 1 3,272 $301M
2023 1 4,271 $453M
2024 1 4,115 $566M

Nearby 401(k) Plans in New York

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

Spotify USA Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Spotify USA Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.565838485 · Participants: 4115Spotify USA Inc. 401(k) Profit Sharing Plan and TrustIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Spotify USA Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in New York, assets vs. participants
Compare Spotify USA Inc. 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Spotify USA Inc. 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Gpi Hourly Savings Plan in GA ($566M); by covered participants it is Databricks, Inc. 401(k) Plan & Trust in CA (4,115 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($566M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,115 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 Spotify USA Inc. 401(k) Profit Sharing Plan and Trust assets move in 2024? ▼
Spotify USA Inc. 401(k) Profit Sharing Plan and Trust grew sharply - up 24.8% during 2024, from $453M to $566M. Reported net income was $113M.
How have Spotify USA Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spotify USA Inc.'s sponsor-wide assets grew 88.0%, from $301M to $566M.
Where does Spotify USA Inc. 401(k) Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Spotify USA Inc. 401(k) Profit Sharing Plan and Trust ranks in the 97th 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 Spotify USA Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Gpi Hourly Savings Plan in GA ($566M, 6,004 participants).
Which 401(k) plans cover a similar participant headcount to Spotify USA Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Databricks, Inc. 401(k) Plan & Trust in CA (4,115 participants, $419M 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 800555431.

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.