Plan Ledger DOL Form 5500 · updated monthly

Align Technology, Inc.401(k)

ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Align Technology, Inc. reported $413,577 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $4,710 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 fell from 0.13% to 0.11%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 319th-largest of 9,483 plans among California employers on file, and the 428th of 11,654 in professional & technical services. In 2024, employees put in $3.52 for every $1.00 the employer contributed; active participation has shrunk from 2,212 to 1,988 since 2022.

Plan summary
Net assets, end of year$411,735,600
Participants with balances2,788
Active participants1,988
Employer contributions$9,363,383
Employee contributions$32,961,839
Employer contribution per active participant$4,710
Average account balance$147,681
Benefits paid to participants$29,371,867
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$411.7M · 2,788 accts · $9.4M emplr
2023$338.0M · 2,793 accts · $9.1M emplr
2022$263.7M · 2,784 accts · $9.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$209,426
Investment management$158,561
Audit (IQPA)$45,590
Total administrative$413,577
The Align Technology, Inc. 401(k) match · 2024
Employer contribution per active participant$4,710
Median for plans this size$4,294
2024$4,710 per active participant
2023$4,412 per active participant
2022$4,391 per active participant

Align Technology, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$209,426
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$103,097
SAGEVIEW ADVISORY GROUP · Investment advisory (plan)$55,464
MOSS ADAMS · Accounting / audit$45,590

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

Administrative cost history3
2024$413,577 · 0.11%
2023$366,517 · 0.12%
2022$367,462 · 0.13%
Same employer
Similar plansProfessional & Technical Services · California
Newport Group, Inc. CA$431.1M · 0.50%
Databricks, Inc. CA$418.9M · 0.10%
Nutanix, Inc. CA$412.4M · 0.01%
Lyft, Inc. CA$375.3M · 0.12%
Armanino LLP CA$347.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943267295 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.