Plan Ledger DOL Form 5500 · updated monthly

Deel, Inc.401(k)

DEEL 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Deel, Inc. reported $71,517 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,164 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 3 years on file its reported administrative ratio has held roughly steady near 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,729th-largest of 9,483 plans among California employers on file, and the 2,700th of 11,654 in professional & technical services. In 2024, employees put in $4.49 for every $1.00 the employer contributed; active participation has grown from 1,411 to 3,489 since 2022.

Plan summary
Net assets, end of year$51,494,824
Participants with balances2,838
Active participants3,489
Employer contributions$4,061,144
Employee contributions$18,236,771
Employer contribution per active participant$1,164
Average account balance$18,145
Benefits paid to participants$7,383,042
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.5M · 2,838 accts · $4.1M emplr
2023$22.8M · 1,187 accts · $9K emplr
2022$6.6M · 121 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,517
Total administrative$71,517
The Deel, Inc. 401(k) match · 2024
Employer contribution per active participant$1,164
Median for plans this size$2,416
2024$1,164 per active participant
2023$4 per active participant

Deel, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$71,992

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$71,517 · 0.19%
2023$33,322 · 0.23%
2022$7,800 · 0.20%
Same employer
Similar plansProfessional & Technical Services · California
Severson & Werson CA$52.7M · 0.22%
Higgs, Fletcher & Mack, LLP CA$52.5M · 0.06%
Notion Labs, Inc. CA$52.2M · 0.06%
Trailer Park, Inc. CA$52.0M · 0.19%
Atac CA$51.4M · 0.14%
Infogain Corporation CA$51.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611852855 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.