Plan Ledger DOL Form 5500 · updated monthly

Fastly, Inc.401(k)

FASTLY, INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Fastly, Inc. reported $40,197 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,376 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 0.06% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 954th-largest of 9,483 plans among California employers on file, and the 1,430th of 11,654 in professional & technical services. In 2024, employees put in $7.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$105,997,816
Participants with balances1,280
Active participants860
Employer contributions$2,043,667
Employee contributions$15,653,230
Employer contribution per active participant$2,376
Average account balance$82,811
Benefits paid to participants$8,395,789
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$106.0M · 1,280 accts · $2.0M emplr
2023$74.8M · 1,201 accts · $1.0M emplr
2022$52.1M · 1,164 accts · $989K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,197
Total administrative$40,197
The Fastly, Inc. 401(k) match · 2024
Employer contribution per active participant$2,376
Median for plans this size$3,635
2024$2,376 per active participant
2023$1,064 per active participant
2022$1,121 per active participant

Fastly, Inc.'s 2024 employer contribution ran below 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$40,197

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$40,197 · 0.04%
2023$24,885 · 0.04%
2022$31,161 · 0.06%
Same employer
Similar plansProfessional & Technical Services · California
Wasserman Media Group, LLC CA$107.7M · 0.27%
Realm Idx, Inc. CA$106.2M · 0.20%
Psomas CA$105.2M · 0.01%
Netskope CA$104.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275411834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.