Plan Ledger DOL Form 5500 · updated monthly

Equinix401(k)

EQUINIX, INC. 401(K) PLAN · REDWOOD CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Equinix reported $364,269 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $5,140 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 0.08% to 0.05%. 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 152nd-largest of 9,483 plans among California employers on file, and the 201st of 11,654 in professional & technical services. In 2024, employees put in $3.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$878,064,302
Participants with balances5,254
Active participants4,031
Employer contributions$20,719,809
Employee contributions$69,620,352
Employer contribution per active participant$5,140
Average account balance$167,123
Benefits paid to participants$73,262,072
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$878.1M · 5,254 accts · $20.7M emplr
2023$739.6M · 5,256 accts · $20.3M emplr
2022$574.6M · 4,959 accts · $18.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$241,009
Total administrative$364,269
The Equinix 401(k) match · 2024
Employer contribution per active participant$5,140
Median for plans this size$4,294
2024$5,140 per active participant
2023$4,739 per active participant
2022$4,426 per active participant

Equinix's 2024 employer contribution ran above the $4,294 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$241,009
NWK · Consulting$75,000
MOSS ADAMS · Consulting$34,650
TRUCKER HUSS · Consulting$13,610

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$364,269 · 0.05%
2023$427,906 · 0.07%
2022$506,863 · 0.08%
Same employer
Similar plansProfessional & Technical Services · California
Sri International CA$887.1M · 0.04%
O'Melveny & Myers LLP CA$878.6M · 0.11%
Splunk Inc. CA$821.2M
Protiviti Inc CA$814.1M · 0.07%
Mh Sub I LLC. CA$808.3M

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Source: U.S. Department of Labor, Form 5500 series, EIN 770487526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.