401(k) · DOL Form 5500 · 2023

Shift Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
442
Participants Below avg headcount
50th
Percentile by assets National rank
$15,454
Avg per participant Low balance/head
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Official DOL plan name: Shift Technologies 401(k) Plan · Sponsored by Shift Technologies, Inc. · California · Retail Trade

$7M in assets, 442 participants

Shift Technologies, Inc.'s Shift Technologies 401(k) Plan reported $7M in total assets and 442 participants in its 2023 DOL Form 5500 filing, ranking in the 50th 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.

  • #5,109 in Retail Trade (8,414 peers)

Shift Technologies, Inc. multi-year trail

Shift Technologies, Inc.'s plans moved -99.8% in assets from 2022 to 2024; this filing shows Shift Technologies 401(k) Plan at $7M / 442 participants.

#5,109
in Retail Trade (8,414 peers)
-30.5%
assets change YoY

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Shift Technologies 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Shift Technologies 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$6,830,635 Top 50% higher than 50% of 127,068 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 2023

Shift Technologies 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shift Technologies 401(k) Plan sits mid-pack in the medium band (442 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shift Technologies 401(k) Plan reported net income fell from $1M in the plan year 2022 filing to -$7M in the plan year 2023 filing.
  • Shift Technologies 401(k) Plan reported participants fell from 1,222 in the plan year 2022 filing to 442 in the plan year 2023 filing.
  • Shift Technologies 401(k) Plan end-of-year assets fell from $10M in the plan year 2022 filing to $7M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 464260979 · Shift Technologies, Inc. PY 2023 · 401(k)

Shift Technologies 401(k) Plan · $7M · 442 · 50th

  • PART $7M
  • PART 442
  • PART 50th
  • PART 401(k)
  • PART near Wilson Audio Specialties, Inc. 401(k) & Profit Sharing Plan
  • PART ind #5109

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 Retail Trade retirement plans → · Plans in California →

Shift Technologies 401(k) Plan in the asset neighbourhood

Shift Technologies 401(k) PlanShift Technologies 401(k) Pl…$7MWilson Audio Specialties, Inc. 401(k) & Profit Sharing PlanWilson Audio Specialties, In…$7MBulldog Battery Employee Stock Ownership and 401(k) PlanBulldog Battery Employee Sto…$7MM3 Technology Group, Inc. 401(k) PlanM3 Technology Group, Inc. 40…$7MBluebonnet Chrysler Dodge, Ltd 401(k) PlanBluebonnet Chrysler Dodge, L…$7M
End-of-year total assets ($M) among Shift Technologies 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Shift Technologies, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Shift Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21K 99.78442788224879% vs 2022
2024 filing year
$0M$5M$10M$15M 202220232024 $9.82M $0.02M ▼ -99.8%
Year Plans Participants Total Assets
2022 1 1,222 $10M
2023 1 442 $7M
2024 1 17 $21K

Shift Technologies, Inc. filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$7M
Net Income-$7M
Employer EIN464260979
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Shift Technologies 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Shift Technologies 401(k) Plan, Total assets ($B): 0.006830635 · Participants: 442Shift Technologies 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Shift Technologies 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Shift Technologies 401(k) Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is Wilson Audio Specialties, Inc. 401(k) & Profit Sharing Plan in UT ($7M); by covered participants it is Westcor Companies 401(k) Plan in NV (442 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (442 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Shift Technologies 401(k) Plan assets move in 2023? ▼
Shift Technologies 401(k) Plan contracted severely - down 30.5% during 2023, from $10M to $7M. Reported net income was -$7M.
How have Shift Technologies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shift Technologies, Inc.'s sponsor-wide assets declined 99.8%, from $10M to $21K.
Which 401(k) plans are similar in size to Shift Technologies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Wilson Audio Specialties, Inc. 401(k) & Profit Sharing Plan in UT ($7M, 43 participants).
Which 401(k) plans cover a similar participant headcount to Shift Technologies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Westcor Companies 401(k) Plan in NV (442 participants, $687K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 464260979.

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.