401(k) · DOL Form 5500 · 2024

Spotify USA Inc. 401(k) Plan

Data updated 2026-08-11

$566M
Total assets
4,115
Participants
97th
Percentile by assets
$137,506
Avg per participant
PlainRetire home → About this data

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.

  • 97th percentile by assets (of 123,622 plans)
  • #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.

$566M
total plan assets (2024 EOY)
4,115
covered participants
97th
percentile by assets (of 123,622 plans)
$137,506
avg assets per participant

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 →

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Spotify USA Inc. 401(k) Profit Sharing Plan and Trust reports 4,115 participants - 5.2x that state average ($566M EOY assets).

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.)

$200M$300M$400M$500M$600M 202220232024 $301M $566M ▲ +88.0%
Total plan assets by year, all Spotify USA Inc. plans on file
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

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…IBM 401(k) PlanMorgan Stanley 401(k…Pfizer Savings PlanThe Pepsico Savings …The Goldman Sachs 40…
Spotify USA Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in New York, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Spotify USA Inc. 401(k) Profit Sharing Plan and Trust by total assets, not by location.

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).

Next read for Spotify USA Inc. 401(k) Profit Sharing P…

Filing takeaways

Ways to act on Spotify USA Inc. 401(k) Profit Sharing Plan and Trust's numbers.