401(k) · DOL Form 5500 · 2024

Clover Health, LLC 401(k) Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
486
Participants Below avg headcount
82nd
Percentile by assets National rank
$83,351
Avg per participant Below avg balance/head
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Official DOL plan name: Clover Health 401(k) · Sponsored by Clover Health, LLC · California · Finance & Insurance

$41M in assets, 486 participants

Clover Health, LLC's Clover Health 401(k) reported $41M in total assets and 486 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #6,113 in Finance & Insurance (8,549 peers)

Where Clover Health 401(k) sits by assets

Clover Health 401(k) sits in the top quartile of all filed plans by assets, $41M for 486 participants (~$83,351/participant), up 23.0% in 2024.

#6,113
in Finance & Insurance (8,549 peers)
+23.0%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Clover Health 401(k)'s outsized position by total assets

Clover Health 401(k) vs every filed plan by assets

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

$40,508,785 Top 18% higher than 82% 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

Clover Health 401(k) among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Clover Health 401(k) sits mid-pack in the medium band (486 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Clover Health 401(k) end-of-year assets rose from $33M in the plan year 2023 filing to $41M in the plan year 2024 filing.
  • Clover Health 401(k) reported net income fell from $9M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Clover Health 401(k) reported participants fell from 569 in the plan year 2023 filing to 486 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 383889370 · Clover Health, LLC PY 2024 · 401(k)

Clover Health 401(k) · $41M · 486 · 82nd

  • PCT $41M
  • EIN 486
  • RANK 82nd
  • PHOTO 401(k)
  • IND near The Related Group 401(k) Savings Plan
  • EOY ind #6113

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 Finance & Insurance retirement plans → · Plans in California →

Clover Health 401(k) in the asset neighbourhood

Clover Health 401(k)$41MThe Related Group 401(k) Savings PlanThe Related Group 401(k) Sav…$41MMcilhenny Company Tax-Deferred Savings PlanMcilhenny Company Tax-Deferr…$41MRaftelis Financial Consultants, Inc. 401(k) PlanRaftelis Financial Consultan…$41MModern Group Ltd. Employee Savings PlanModern Group Ltd. Employee S…$41M
End-of-year total assets ($M) among Clover Health 401(k) and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$41M
Net Income$8M
Employer EIN383889370
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Clover Health, LLC)

Sponsor-wide plan assets over time

All Clover Health, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$41M 72.02563178106438% vs 2022
2024 filing year
$20M$30M$40M$50M 202220232024 $23.6M $40.5M ▲ +72.0%
Year Plans Participants Total Assets
2022 1 594 $24M
2023 1 569 $33M
2024 1 486 $41M

Nearby 401(k) Plans in California

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

Clover Health 401(k) vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Clover Health 401(k), Total assets ($B): 0.040508785 · Participants: 486Clover Health 401(k)Google LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Clover Health 401(k) vs. nearby 401(k) plans in California, assets vs. participants

Clover Health 401(k)'s out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is The Related Group 401(k) Savings Plan in FL ($41M); by covered participants it is Tampa Bay Rays 401(k) Plan in FL (486 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (486 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 Clover Health 401(k) assets move in 2024?
Clover Health 401(k) grew sharply - up 23.0% during 2024, from $33M to $41M. Reported net income was $8M.
How have Clover Health, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Clover Health, LLC's sponsor-wide assets grew 72.0%, from $24M to $41M.
Where does Clover Health 401(k) rank by assets among Form 5500 filers?
Clover Health 401(k) ranks in the 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Clover Health 401(k)?
Among 401(k) plans in other states, the closest by assets is The Related Group 401(k) Savings Plan in FL ($41M, 697 participants).
Which 401(k) plans cover a similar participant headcount to Clover Health 401(k)?
Among 401(k) plans in other states, the closest by covered participants is Tampa Bay Rays 401(k) Plan in FL (486 participants, $61M in assets).