Plan Ledger DOL Form 5500 · updated monthly

Bitwarden Inc.401(k)

BITWARDEN 401(K) PLAN · SANTA BARBARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Bitwarden Inc. reported $5,196 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,190 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,264th of 9,483), and 8,964th of 11,654 in professional & technical services. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,249,524
Participants with balances167
Active participants152
Employer contributions$636,816
Employee contributions$1,370,689
Employer contribution per active participant$4,190
Average account balance$43,410
Benefits paid to participants$296,436
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$676
Investment management$4,520
Total administrative$5,196
The Bitwarden Inc. 401(k) match · 2024
Employer contribution per active participant$4,190
Median for plans this size$1,313

Bitwarden Inc.'s 2024 employer contribution ran above the $1,313 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
BENEFIT TRUST COMPANY · Custodial · Custodial (securities)indirect comp

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

Administrative cost history1
2024$5,196 · 0.09%
Same employer
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Bear Robotics, Inc CA$7.3M · 0.44%
Nauto, Inc. CA$7.3M · 0.42%
Wai & Connor, LLP CA$7.3M · 0.01%
Sureprep LLC CA$7.2M · 0.03%
The Marine Mammal Center CA$7.1M · 0.96%
Legacy Effects, LLC CA$7.1M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843517224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.