Plan Ledger DOL Form 5500 · updated monthly

Chan Zuckerberg Initiative, LLC401(k)

CHAN ZUCKERBERG INITIATIVE, LLC RETIREMENT PLAN · REDWOOD CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Chan Zuckerberg Initiative, LLC reported $4,010 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $21,710 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 0.07% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 649th-largest of 9,483 plans among California employers on file, and the 950th of 11,654 in professional & technical services. In 2024, employees put in $1.16 for every $1.00 the employer contributed; active participation has shrunk from 594 to 524 since 2022.

Plan summary
Net assets, end of year$167,367,468
Participants with balances802
Active participants524
Employer contributions$11,376,293
Employee contributions$13,174,282
Employer contribution per active participant$21,710
Average account balance$208,688
Benefits paid to participants$9,667,531
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$167.4M · 802 accts · $11.4M emplr
2023$129.3M · 798 accts · $12.5M emplr
2022$88.0M · 802 accts · $11.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,010
Total administrative$4,010
The Chan Zuckerberg Initiative, LLC 401(k) match · 2024
Employer contribution per active participant$21,710
Median for plans this size$3,635
2024$21,710 per active participant
2023$24,115 per active participant
2022$19,149 per active participant

Chan Zuckerberg Initiative, LLC's 2024 employer contribution ran above the $3,635 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$4,010

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$4,010 · 0.00%
2023$5,304 · 0.00%
2022$59,127 · 0.07%
Same employer
Similar plansProfessional & Technical Services · California
Infoblox, Inc. CA$170.5M · 0.14%
Ust Global Inc CA$169.6M · 0.35%
Asana Inc. CA$169.4M · 0.07%
Servicetitan, Inc. CA$168.7M · 0.06%
Gigamon, Inc. CA$160.1M · 0.03%
Mightyhive Inc. CA$159.8M · 0.10%
Globallogic Inc. CA$154.7M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 810903867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.