2023 Form 5500 filing — Ripple Labs 401(K) Plan

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 20241015105029NAL0047444672001) for Ripple Labs 401(K) Plan, reported by Ripple Labs, Inc. under EIN 46-1128587 and plan number 001. It reports 731 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$48.1MReported net assets$48,116,940
Participants731
Provider compensation$43.4K2 Schedule C row(s)$43,388
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015105029NAL0047444672001
Plan sponsor
Ripple Labs, Inc.
EIN
46-1128587
Plan number
001
Location
San Francisco, CA
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$48.1M total assets
Net assets$48.1MLiabilities$0
Money in vs. money out
Total income / additions$20.3M
Total expenses$2M
Benefits paid / distributions$1.9M
Contributions
Employer$1.5M
Participant$9.8M
Full reported line items
Total assets (EOY)
$48,116,940
Total liabilities (EOY)
$0
Net assets (EOY)
$48,116,940
Employer contributions
$1,524,501
Participant contributions
$9,803,743
Total income / additions
$20,341,181
Benefits paid
$1,943,676
Administrative expenses
$43,388
Total expenses
$2,030,719
Net increase / (decrease)
$18,310,462
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    ADVISOR · Direct $40K
  2. 2
    RECORDKEEPER · Direct $3.4K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015105029NAL0047444672001 cover?
It is the 2023 Form 5500 filing for Ripple Labs 401(K) Plan, reported by Ripple Labs, Inc. (EIN 46-1128587).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages