Plan Ledger DOL Form 5500 · updated monthly

Flipboard, Inc.401(k)

FLIPBOARD, INC. 401(K) PLAN · PALO ALTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Flipboard, Inc. reported $32,653 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $4,900 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 0.25% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 4,416th-largest of 9,483 plans among California employers on file, and 1,229th of 2,199 in information & media. In 2024, employees put in $3.74 for every $1.00 the employer contributed; active participation has shrunk from 74 to 34 since 2022.

Plan summary
Net assets, end of year$14,825,531
Participants with balances110
Active participants34
Employer contributions$166,584
Employee contributions$622,942
Employer contribution per active participant$4,900
Average account balance$134,778
Benefits paid to participants$1,662,190
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 110 accts · $167K emplr
2023$13.8M · 133 accts · $261K emplr
2022$12.5M · 162 accts · $256K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,647
Investment management$20,006
Total administrative$32,653
The Flipboard, Inc. 401(k) match · 2024
Employer contribution per active participant$4,900
Median for plans this size$2,416
2024$4,900 per active participant
2023$8,700 per active participant
2022$3,460 per active participant

Flipboard, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
THREE BELL CAPITAL · Investment advisory (plan)$16,915
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,647

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$32,653 · 0.23%
2023$33,859 · 0.26%
2022$32,918 · 0.25%
Similar plansInformation & Media · California
Autonomic, LLC CA$15.3M · 0.13%
Music Reports, Inc. CA$15.2M · 0.01%
Crunchbase, Inc CA$15.0M · 0.26%
Plg Operations, LLC CA$14.8M · 0.13%
Well Health Inc CA$14.8M · 0.13%
Aryaka Networks, Inc. CA$14.7M · 0.14%
Rapidsos, Inc. CA$14.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271780218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.