Plan Ledger DOL Form 5500 · updated monthly

Dropbox, Inc.401(k)

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

Reported admin expense ratio · 2024
0.04%

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

Dropbox, Inc. reported $183,529 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,501 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 0.05% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other information & media employers. By assets it is the 245th-largest of 9,483 plans among California employers on file, and the 98th of 2,199 in information & media. In 2024, employees put in $4.15 for every $1.00 the employer contributed; active participation has shrunk from 2,611 to 1,740 since 2022.

Plan summary
Net assets, end of year$541,561,373
Participants with balances4,366
Active participants1,740
Employer contributions$13,052,140
Employee contributions$54,213,999
Employer contribution per active participant$7,501
Average account balance$124,041
Benefits paid to participants$42,637,097
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$541.6M · 4,366 accts · $13.1M emplr
2023$438.0M · 4,524 accts · $13.8M emplr
2022$317.5M · 4,572 accts · $15.3M emplr
The Dropbox, Inc. 401(k) match · 2024
Employer contribution per active participant$7,501
Median for plans this size$4,294
2024$7,501 per active participant
2023$6,158 per active participant
2022$5,861 per active participant

Dropbox, Inc.'s 2024 employer contribution ran above the $4,294 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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$186,329

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$183,529 · 0.04%
2023$177,608 · 0.05%
2022$165,134 · 0.05%
Same employer
Similar plansInformation & Media · California
X Corp. CA$587.8M · 0.04%
Pinterest, Inc. CA$582.8M · 0.02%
Roblox Corporation CA$570.0M · 0.00%
Snowflake Inc. CA$529.4M · 0.04%
Yelp Inc. CA$364.2M · 0.12%
Roku, Inc. CA$363.0M · 0.02%
Credit Karma, LLC CA$359.3M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 260138832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.