Plan Ledger DOL Form 5500 · updated monthly

Bitly, Inc.401(k)

BITLY 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Bitly, Inc. reported $2,985 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,810 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 3 years on file its reported administrative ratio has held roughly steady near 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 2,350th-largest of 5,648 plans among New York employers on file, and the 960th of 2,199 in information & media. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 156 to 173 since 2022.

Plan summary
Net assets, end of year$22,353,503
Participants with balances343
Active participants173
Employer contributions$1,351,184
Employee contributions$2,707,251
Employer contribution per active participant$7,810
Average account balance$65,171
Benefits paid to participants$577,451
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$22.4M · 343 accts · $1.4M emplr
2023$16.3M · 301 accts · $1.1M emplr
2022$11.3M · 265 accts · $796K emplr
The Bitly, Inc. 401(k) match · 2024
Employer contribution per active participant$7,810
Median for plans this size$2,416
2024$7,810 per active participant
2023$5,800 per active participant
2022$5,101 per active participant

Bitly, Inc.'s 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024$2,985 · 0.02%
2023$3,330 · 0.02%
2022$1,585 · 0.01%
Same employer
Similar plansInformation & Media · New York
Travelzoo NY$22.9M · 0.09%
All Mobile Video, Inc. NY$22.7M · 0.01%
Invisionapp, Inc. NY$22.6M · 0.00%
Bcm One, Inc. NY$22.5M · 0.11%
Fwd Media Inc NY$21.8M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263895205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.