Paypal 401(K) Savings Plan — Form 5500 plan (Paypal Holdings, Inc.)
Plain-English plan 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, Paypal 401(K) Savings Plan is a benefit plan reported by Paypal Holdings, Inc. under EIN 47-2989869 and plan number 001. The latest loaded filing year is 2023. The filing reports 17,072 participants and $1,993,824,093 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Paypal Holdings, Inc.
- EIN
- 47-2989869
- Plan number
- 001
- Plan type
- 2
- Location
- San Jose, CA
- Latest filing year
- 2023
- Participants
- 17,072
- End-of-year plan assets
- $1,993,824,093
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 17,072 | H, C | 20241007164717NAL0007782771002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,993,824,093
- Net assets (EOY)
- $1,993,824,093
- Net assets (BOY)
- $1,593,594,320
Income & contributions
- Employer contributions
- $63,692,726
- Participant contributions
- $136,835,609
- Total contributions
- $216,595,631
- Total income / additions
- $555,229,228
Expenses & distributions
- Benefits paid
- $153,825,739
- Administrative expenses
- $769,886
- Total expenses
- $155,764,232
- Net increase / (decrease)
- $399,464,996
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Schwab Retirement Plan Services,Inc | NONE | $665,953 | not reported in the loaded dataset | 2023 |
| Marsh And Mclennan Companies, | NONE | $75,000 | not reported in the loaded dataset | 2023 |
| Falcon Wealth Planning Inc | NONE | $11,685 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | NONE | $3,028 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Paypal Holdings, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in San Jose, CA
- Schwab Retirement Plan Services,Inc — Schedule C compensation
- Marsh And Mclennan Companies, — Schedule C compensation
- Falcon Wealth Planning Inc — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation