APPLE 401(K) PLAN · CUPERTINO, CA · plan year 2024
Reported admin expense ratio · 2024
0.03%
Peer grade: B+· admin costs + employer contributions vs same-size plans · how grading works
Apple Inc. reported $7,357,584 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $7,249 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 0.05% to 0.03%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 6th-largest of 9,483 plans among California employers on file, and the 8th of 13,661 in manufacturing. In 2024, employees put in $2.00 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$24,708,171,361
Participants with balances143,849
Active participants101,217
Employer contributions$733,748,273
Employee contributions$1,464,448,926
Employer contribution per active participant$7,249
Employer contribution per active participant$7,249
Median for plans this size$5,259
2024$7,249 per active participant
2023$6,698 per active participant
2022$5,614 per active participant
Apple Inc.'s 2024 employer contribution ran above the $5,259 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 942404110 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.