Plan Ledger DOL Form 5500 · updated monthly

Gitlab Inc.401(k)

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

Reported admin expense ratio · 2024
0.12%

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

Gitlab Inc. reported $99,923 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,280 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 1 year on file its reported administrative ratio rose from 0.03% to 0.12%. 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 992nd-largest of 9,483 plans among California employers on file, and the 1,495th of 11,654 in professional & technical services. In 2024, employees put in $12.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$101,069,555
Participants with balances1,300
Active participants1,060
Employer contributions$1,357,134
Employee contributions$16,789,918
Employer contribution per active participant$1,280
Average account balance$77,746
Benefits paid to participants$8,546,500
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$101.1M · 1,300 accts · $1.4M emplr
2023$72.7M · 1,240 accts · $1.4M emplr
2022$47.9M · 1,386 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,492
Investment management$5,431
Total administrative$99,923
The Gitlab Inc. 401(k) match · 2024
Employer contribution per active participant$1,280
Median for plans this size$3,635
2024$1,280 per active participant
2023$1,393 per active participant
2022$1,293 per active participant

Gitlab 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$94,492
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,431

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$99,923 · 0.12%
2023$18,909 · 0.03%
2022Not separately reported
Same employer
Similar plansProfessional & Technical Services · California
Spec Services, Inc. CA$104.1M · 0.02%
Nksfb, LLC CA$101.7M · 0.32%
Figma, Inc. CA$100.9M · 0.25%
Alibaba.com U.S. LLC CA$100.1M · 0.18%
Lytx, Inc. CA$99.8M
Berry Appleman & Leiden LLP CA$99.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471861035 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.