Plan Ledger DOL Form 5500 · updated monthly

Digitalocean, LLC401(k)

DIGITALOCEAN, LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Digitalocean, LLC reported $3,669 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,724 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 rose from 0.004% to 0.005%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 896th-largest of 5,648 plans among New York employers on file, and the 348th of 2,199 in information & media. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has shrunk from 657 to 514 since 2022.

Plan summary
Net assets, end of year$87,240,980
Participants with balances832
Active participants514
Employer contributions$2,942,257
Employee contributions$7,107,790
Employer contribution per active participant$5,724
Average account balance$104,857
Benefits paid to participants$9,225,361
Plan auditUnmodified (clean) audit opinion
AuditorCARON AND BLETZER ,PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$87.2M · 832 accts · $2.9M emplr
2023$69.5M · 793 accts · $3.1M emplr
2022$57.4M · 833 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,669
Total administrative$3,669
The Digitalocean, LLC 401(k) match · 2024
Employer contribution per active participant$5,724
Median for plans this size$3,635
2024$5,724 per active participant
2023$6,441 per active participant
2022$5,882 per active participant

Digitalocean, LLC's 2024 employer contribution ran above the $3,635 median for plans its size. 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$3,669

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$3,669 · 0.00%
2023$3,734 · 0.01%
2022$2,347 · 0.00%
Same employer
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Vimeo.com, Inc. NY$102.7M · 0.09%
Candid NY$97.7M · 0.11%
Insider, Inc. NY$91.7M · 0.22%
F.T. Publications Inc. NY$85.8M · 0.00%
Vaynermedia NY$84.9M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384017666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.