Plan Ledger DOL Form 5500 · updated monthly

Figma, Inc.401(k)

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

Reported admin expense ratio · 2024
0.25%

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

Figma, Inc. reported $203,333 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,614 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 0.44% to 0.25%. 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 995th-largest of 9,483 plans among California employers on file, and the 1,496th of 11,654 in professional & technical services. In 2024, employees put in $2.83 for every $1.00 the employer contributed; active participation has grown from 790 to 1,266 since 2022.

Plan summary
Net assets, end of year$100,949,419
Participants with balances1,454
Active participants1,266
Employer contributions$7,107,220
Employee contributions$20,148,573
Employer contribution per active participant$5,614
Average account balance$69,429
Benefits paid to participants$5,377,304
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$100.9M · 1,454 accts · $7.1M emplr
2023$59.7M · 1,233 accts · $5.8M emplr
2022$27.8M · 867 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$203,333
Total administrative$203,333
The Figma, Inc. 401(k) match · 2024
Employer contribution per active participant$5,614
Median for plans this size$3,635
2024$5,614 per active participant
2023$5,343 per active participant
2022$4,363 per active participant

Figma, Inc.'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 · 20243
THE VANGUARD GROUP · Recordkeeping · Loan processing$41,438
BRIGHTON JONES LLC · Investment advisory (participants) · Investment advisory (plan)$155,917
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,293

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$203,333 · 0.25%
2023$74,002 · 0.17%
2022$99,698 · 0.44%
Same employer
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Nksfb, LLC CA$101.7M · 0.32%
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Alibaba.com U.S. LLC CA$100.1M · 0.18%
Lytx, Inc. CA$99.8M
Berry Appleman & Leiden LLP CA$99.1M · 0.00%
Udemy Inc. CA$98.5M

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Source: U.S. Department of Labor, Form 5500 series, EIN 462843087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.