2023 Form 5500 filing — Spotify Usa Inc. 401(K) Profit Sharing Plan And Trust
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241004095043NAL0011276465001) for Spotify Usa Inc. 401(K) Profit Sharing Plan And Trust, reported by Spotify Usa Inc. under EIN 80-0555431 and plan number 001. It reports 5,273 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241004095043NAL0011276465001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Spotify Usa Inc.
- EIN
- 80-0555431
- Plan number
- 001
- Location
- New York, NY
- Participants
- 5,273
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $453,298,334
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $453,298,334
- Employer contributions
- $20,792,369
- Participant contributions
- $71,648,438
- Total income / additions
- $176,584,746
- Benefits paid
- $23,591,488
- Administrative expenses
- $527,255
- Total expenses
- $24,204,923
- Net increase / (decrease)
- $152,379,823
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $316,128 | $0 |
| Vanguard Advisers Inc. | NONE | $99,698 | not reported in the loaded dataset |
| Newfront Retirement Services Inc | NONE | $68,298 | not reported in the loaded dataset |
| Crowe Llp | NONE | $27,300 | not reported in the loaded dataset |
| Newfront Retirement Svcs Inc | NONE | $22,381 | not reported in the loaded dataset |