Plan Ledger DOL Form 5500 · updated monthly

Coinbase, Inc.401(k)

COINBASE, INC. RETIREMENT TRUST · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Coinbase, Inc. reported $226,682 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $2,265 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 0.24% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 381st-largest of 9,483 plans among California employers on file, and the 519th of 11,654 in professional & technical services. In 2024, employees put in $10.06 for every $1.00 the employer contributed; active participation has shrunk from 3,131 to 2,457 since 2022.

Plan summary
Net assets, end of year$328,178,375
Participants with balances3,781
Active participants2,457
Employer contributions$5,565,539
Employee contributions$55,985,670
Employer contribution per active participant$2,265
Average account balance$86,797
Benefits paid to participants$26,332,564
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$328.2M · 3,781 accts · $5.6M emplr
2023$234.1M · 3,632 accts · $5.0M emplr
2022$158.2M · 4,005 accts · $6.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$166,109
Investment management$60,573
Total administrative$226,682
The Coinbase, Inc. 401(k) match · 2024
Employer contribution per active participant$2,265
Median for plans this size$4,294
2024$2,265 per active participant
2023$2,148 per active participant
2022$2,202 per active participant

Coinbase, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$175,228
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$60,573

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$226,682 · 0.08%
2023$139,127 · 0.07%
2022$309,020 · 0.24%
Same employer
Similar plansProfessional & Technical Services · California
Zscaler, Inc. CA$340.6M · 0.01%
Andersen Tax LLC CA$336.9M · 0.08%
Hrl Laboratories, LLC CA$334.7M · 0.07%
Ionis Pharmaceuticals, Inc. CA$316.0M · 0.03%
Wind River Systems, Inc. CA$314.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455293997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.