Plan Ledger DOL Form 5500 · updated monthly

Databricks, Inc.401(k)

DATABRICKS, INC. 401(K) PLAN & TRUST · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Databricks, Inc. reported $349,635 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.15% to 0.10%. 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 314th-largest of 9,483 plans among California employers on file, and the 422nd of 11,654 in professional & technical services. active participation has grown from 3,299 to 4,704 since 2022.

Plan summary
Net assets, end of year$418,864,200
Participants with balances5,010
Active participants4,704
Employer contributions$0
Employee contributions$105,482,616
Employer contribution per active participant$0
Average account balance$83,606
Benefits paid to participants$22,291,198
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$418.9M · 5,010 accts
2023$261.6M · 4,257 accts
2022$138.6M · 3,239 accts · $17K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$283,222
Investment management$69,106
Total administrative$349,635
The Databricks, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$4,294

Databricks, 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$271,136
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$69,106
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (participants)$9,392

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$349,635 · 0.10%
2023$287,882 · 0.14%
2022$174,949 · 0.15%
Same employer
Similar plansProfessional & Technical Services · California
Coherent Corp. CA$435.2M · 0.06%
Newport Group, Inc. CA$431.1M · 0.50%
Nutanix, Inc. CA$412.4M · 0.01%
Align Technology, Inc. CA$411.7M · 0.11%
Lyft, Inc. CA$375.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462972184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.