Plan Ledger DOL Form 5500 · updated monthly

Acorns Grow, Inc.401(k)

ACORNS GROW 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Acorns Grow, Inc. reported $16,872 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,589 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.04% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,749th-largest of 9,483 plans among California employers on file, and the 4,289th of 11,654 in professional & technical services. In 2024, employees put in $5.74 for every $1.00 the employer contributed; active participation has shrunk from 412 to 303 since 2022.

Plan summary
Net assets, end of year$28,947,597
Participants with balances532
Active participants303
Employer contributions$784,396
Employee contributions$4,503,585
Employer contribution per active participant$2,589
Average account balance$54,413
Benefits paid to participants$3,699,289
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.9M · 532 accts · $784K emplr
2023$23.9M · 589 accts · $907K emplr
2022$15.4M · 603 accts · $975K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,872
Total administrative$16,872
The Acorns Grow, Inc. 401(k) match · 2024
Employer contribution per active participant$2,589
Median for plans this size$2,416
2024$2,589 per active participant
2023$2,643 per active participant
2022$2,366 per active participant

Acorns Grow, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
AT RETIREMENT SERVICES, LLC · Claims processing · Recordkeeping$9,120
MERCER INVESTMENTS, LLC · Consulting · Insurance services$7,149

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024AT RETIREMENT SERVICES, LLC
2023AT RETIREMENT SERVICES, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$16,872 · 0.06%
2023$9,019 · 0.05%
2022$6,033 · 0.04%
Same employer
Similar plansProfessional & Technical Services · California
Wayne Perry, Inc. CA$29.1M · 0.10%
Cytomx Therapeutics Inc. CA$29.1M · 0.04%
Owl Companies CA$29.1M · 0.47%
Brain Corporation CA$29.0M · 0.20%
Harness Inc. CA$28.9M · 0.29%
Ligand Pharmaceuticals Inc. CA$28.9M · 0.01%
Pivot Bio CA$28.8M · 0.47%
Wfbm, LLP CA$28.7M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454766397 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.