Plan Ledger DOL Form 5500 · updated monthly

FIVE9, Inc.401(k)

FIVE9, INC.401(K) PLAN · SAN RAMON, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

FIVE9, Inc. reported $9,076 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,753 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 0.03% to 0.01%. 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 609th-largest of 9,483 plans among California employers on file, and the 891st of 11,654 in professional & technical services. In 2024, employees put in $8.39 for every $1.00 the employer contributed; active participation has grown from 1,355 to 1,501 since 2022.

Plan summary
Net assets, end of year$179,705,282
Participants with balances1,595
Active participants1,501
Employer contributions$2,631,972
Employee contributions$22,089,285
Employer contribution per active participant$1,753
Average account balance$112,668
Benefits paid to participants$19,269,310
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$179.7M · 1,595 accts · $2.6M emplr
2023$139.8M · 1,513 accts · $2.4M emplr
2022$97.6M · 1,364 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,076
Total administrative$9,076
The FIVE9, Inc. 401(k) match · 2024
Employer contribution per active participant$1,753
Median for plans this size$3,635
2024$1,753 per active participant
2023$1,577 per active participant
2022$1,621 per active participant

FIVE9, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,132

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$9,076 · 0.01%
2023$9,922 · 0.01%
2022$25,077 · 0.03%
Same employer
Similar plansProfessional & Technical Services · California
Blackline Inc. CA$184.0M · 0.09%
Integral Systems,Inc. CA$183.4M · 0.07%
T.Y. Lin International CA$181.7M · 0.08%
Rambus, Inc. CA$179.5M · 0.04%
Hanson Bridgett LLP CA$178.0M · 0.13%
McAfee LLC CA$173.7M · 0.04%
Rutan & Tucker, LLP CA$170.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943394123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.