401(k) · DOL Form 5500 · 2024

Varo Money, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
426
Participants Below avg headcount
73rd
Percentile by assets National rank
$55,725
Avg per participant Low balance/head
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Official DOL plan name: Varo Retirement Plan · Sponsored by Varo Money, Inc. · California · Finance & Insurance

$24M in assets, 426 participants

Varo Money, Inc.'s Varo Retirement Plan reported $24M in total assets and 426 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #5,091 in Finance & Insurance (8,549 peers)

Varo Money, Inc. multi-year trail

Varo Money, Inc.'s plans moved +85.4% in assets from 2022 to 2024; this filing shows Varo Retirement Plan at $24M / 426 participants.

#5,091
in Finance & Insurance (8,549 peers)
+29.3%
assets growth YoY

Varo Retirement Plan's outsized position by total assets

Varo Retirement Plan vs every filed plan by assets

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

$23,738,746 Top 27% higher than 73% 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

Varo Retirement Plan 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. Varo Retirement Plan sits mid-pack in the medium band (426 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Varo Retirement Plan end-of-year assets rose from $18M in the plan year 2023 filing to $24M in the plan year 2024 filing.
  • Varo Retirement Plan reported participants fell from 585 in the plan year 2023 filing to 426 in the plan year 2024 filing.
  • Varo Retirement Plan reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 475457481 · Varo Money, Inc. PY 2024 · 401(k)

Varo Retirement Plan · $24M · 426 · 73rd

  • RANK $24M
  • PHOTO 426
  • IND 73rd
  • EOY 401(k)
  • 5500 near Bill Miller Bar-B-Q Enterprises, LLC 401(k) Profit Sharing Plan
  • ASSETS ind #5091

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 →

Varo Retirement Plan in the asset neighbourhood

Varo Retirement Plan$24MBill Miller Bar-B-Q Enterprises, LLC 401(k) Profit Sharing PlanBill Miller Bar-B-Q Enterpri…$24MGrand Piano & Furniture Co. , Inc. Retirement Savings and Profit Sharing PlanGrand Piano & Furniture Co. …$24MDr. Martens 401(k) Retirement PlanDr. Martens 401(k) Retiremen…$24MAdvisor Hr, Inc. Retirement Savings PlanAdvisor Hr, Inc. Retirement …$24M
End-of-year total assets ($M) among Varo Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Varo Money, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Varo Money, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 85.42757530249177% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $12.8M $23.7M ▲ +85.5%
Year Plans Participants Total Assets
2022 1 816 $13M
2023 1 585 $18M
2024 1 426 $24M

Varo Money, Inc. filing trail (2024)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$24M
Net Income$5M
Employer EIN475457481
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Varo Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Varo Retirement Plan, Total assets ($B): 0.023738746 · Participants: 426Varo Retirement PlanGoogle 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
Varo Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Varo Retirement Plan side-by-side with 3 peers →

Varo Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Bill Miller Bar-B-Q Enterprises, LLC 401(k) Profit Sharing Plan in TX ($24M); by covered participants it is Recreation Centers of Sun City West Retirement Plan in AZ (426 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (426 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 Varo Retirement Plan assets move in 2024? ▼
Varo Retirement Plan grew sharply - up 29.3% during 2024, from $18M to $24M. Reported net income was $5M.
How have Varo Money, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Varo Money, Inc.'s sponsor-wide assets grew 85.4%, from $13M to $24M.
Which 401(k) plans are similar in size to Varo Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bill Miller Bar-B-Q Enterprises, LLC 401(k) Profit Sharing Plan in TX ($24M, 2,452 participants).
Which 401(k) plans cover a similar participant headcount to Varo Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Recreation Centers of Sun City West Retirement Plan in AZ (426 participants, $14M 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 475457481.

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.