Plan Ledger DOL Form 5500 · updated monthly

Blue Apron Holdings, Inc.401(k)

BLUE APRON HOLDINGS, INC. 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Blue Apron Holdings, Inc. reported $11,693 in plan administrative expenses for 2023: 0.11% of average plan assets, below the peer median. Employer contributions averaged $5,538 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 0.06% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (3,321st of 5,648), and the 2,271st of 5,215 in retail trade. In 2023, employees put in $2.24 for every $1.00 the employer contributed; active participation has shrunk from 1,106 to 208 since 2022.

Plan summary
Net assets, end of year$12,035,783
Participants with balances392
Active participants208
Employer contributions$1,151,867
Employee contributions$2,583,957
Employer contribution per active participant$5,538
Average account balance$30,704
Benefits paid to participants$2,267,623
Plan auditUnmodified (clean) audit opinion
AuditorFIONDELLA, MILONE & LASARACINA LL
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$8.4M · 172 accts · $429K emplr
2023$12.0M · 392 accts · $1.2M emplr
2022$8.7M · 438 accts · $1.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,693
Total administrative$11,693
The Blue Apron Holdings, Inc. 401(k) match · 2023
Employer contribution per active participant$5,538
Median for plans this size$2,440
2024$3,799 per active participant
2023$5,538 per active participant
2022$1,084 per active participant

Blue Apron Holdings, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$11,692

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

Administrative cost history4
2025Not separately reported
2024$3,723 · 0.04%
2023$11,693 · 0.11%
2022$4,520 · 0.06%
Same employer
Similar plansRetail Trade · New York
Sage Parts Plus, Inc. NY$12.8M · 0.58%
Bci Brands, LLC NY$12.4M · 0.02%
Hirshleifers, Inc. NY$12.2M · 0.19%
Nissan 112 Sales Corp. NY$12.1M · 1.03%
Habberstad Motorsport, Inc. NY$11.9M · 0.72%
Moncler USA, Inc NY$11.6M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454001636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.