Plan Ledger DOL Form 5500 · updated monthly

General Catalyst Enterprises, Inc.401(k)

GENERAL CATALYST ENTERPRISES, INC. 401(K) SAVINGS PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

General Catalyst Enterprises, Inc. reported $1,696 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,197 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 rose from 0.00% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 997th-largest of 2,726 plans among Massachusetts employers on file, and the 360th of 786 in management of companies. In 2024, employees put in $7.48 for every $1.00 the employer contributed; active participation has grown from 148 to 199 since 2022.

Plan summary
Net assets, end of year$30,590,894
Participants with balances247
Active participants199
Employer contributions$437,257
Employee contributions$3,272,587
Employer contribution per active participant$2,197
Average account balance$123,850
Benefits paid to participants$2,797,057
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.6M · 247 accts · $437K emplr
2023$24.7M · 225 accts · $415K emplr
2022$17.3M · 188 accts · $371K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,340
Total administrative$1,696
The General Catalyst Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$2,197
Median for plans this size$2,416
2024$2,197 per active participant
2023$2,257 per active participant
2022$2,510 per active participant

General Catalyst Enterprises, Inc.'s 2024 employer contribution ran below the $2,416 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
ADP, INC. · Loan processing · Recordkeeping$25,893

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$1,696 · 0.01%
2023$731 · 0.00%
2022$244 · 0.00%
Same employer
Similar plansManagement of Companies · Massachusetts
Belmont Capital LLC MA$42.2M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043414384 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.