Plan Ledger DOL Form 5500 · updated monthly

Atlassian US, Inc.401(k)

ATLASSIAN 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Atlassian US, Inc. reported $93,460 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,585 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 0.04% to 0.01%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other information & media employers. By assets it is the 173rd-largest of 9,483 plans among California employers on file, and the 66th of 2,199 in information & media. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has grown from 4,289 to 5,032 since 2022.

Plan summary
Net assets, end of year$750,164,145
Participants with balances5,999
Active participants5,032
Employer contributions$38,169,430
Employee contributions$95,806,524
Employer contribution per active participant$7,585
Average account balance$125,048
Benefits paid to participants$52,027,592
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$750.2M · 5,999 accts · $38.2M emplr
2023$536.5M · 5,156 accts · $27.8M emplr
2022$351.6M · 4,610 accts · $25.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,460
Total administrative$93,460
The Atlassian US, Inc. 401(k) match · 2024
Employer contribution per active participant$7,585
Median for plans this size$4,294
2024$7,585 per active participant
2023$6,307 per active participant
2022$5,881 per active participant

Atlassian US, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$94,197

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$93,460 · 0.01%
2023$135,580 · 0.03%
2022$119,223 · 0.04%
Same employer
Similar plansInformation & Media · California
Bytedance Inc CA$918.9M · 0.02%
Micro Focus US Inc. CA$917.6M · 0.03%
Yardi Systems, Inc. CA$780.5M · 0.02%
Corelogic, Inc. CA$779.0M · 0.00%
Dolby Laboratories, Inc. CA$703.4M · 0.01%
Riot Games CA$676.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593797948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.