Plan Ledger DOL Form 5500 · updated monthly

Grammarly, Inc.401(k)

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

Reported admin expense ratio · 2024
0.09%

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

Grammarly, Inc. reported $40,751 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,145 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 0.31% to 0.09%. 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 1,548th-largest of 9,483 plans among California employers on file, and the 462nd of 2,199 in information & media. In 2024, employees put in $3.31 for every $1.00 the employer contributed; active participation has grown from 505 to 797 since 2022.

Plan summary
Net assets, end of year$58,922,612
Participants with balances995
Active participants797
Employer contributions$4,100,249
Employee contributions$13,563,458
Employer contribution per active participant$5,145
Average account balance$59,219
Benefits paid to participants$6,251,117
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.9M · 995 accts · $4.1M emplr
2023$30.1M · 710 accts · $1.9M emplr
2022$13.1M · 523 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,751
Total administrative$40,751
The Grammarly, Inc. 401(k) match · 2024
Employer contribution per active participant$5,145
Median for plans this size$2,416
2024$5,145 per active participant
2023$2,884 per active participant
2022$2,601 per active participant

Grammarly, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$40,751

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$40,751 · 0.09%
2023$38,584 · 0.18%
2022$29,085 · 0.31%
Same employer
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On 24, Inc CA$59.4M · 0.00%
Sag Aftra CA$58.1M
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Sumo Logic, Inc. CA$56.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453823133 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.