Plan Ledger DOL Form 5500 · updated monthly

Ibotta, Inc.401(k)

IBOTTA, INC. 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Ibotta, Inc. reported $133,739 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,860 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 0.51% to 0.23%. 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 193rd-largest of 1,461 plans among Colorado employers on file, and the 2,211th of 11,654 in professional & technical services. In 2024, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$64,896,706
Participants with balances1,175
Active participants961
Employer contributions$3,709,631
Employee contributions$8,869,096
Employer contribution per active participant$3,860
Average account balance$55,231
Benefits paid to participants$9,724,316
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.9M · 1,175 accts · $3.7M emplr
2023$51.0M · 1,208 accts · $2.7M emplr
2022$33.6M · 1,180 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$133,739
Total administrative$133,739
The Ibotta, Inc. 401(k) match · 2024
Employer contribution per active participant$3,860
Median for plans this size$3,635
2024$3,860 per active participant
2023$3,036 per active participant
2022$2,677 per active participant

Ibotta, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$93,096
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,212
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$133,739 · 0.23%
2023$211,655 · 0.50%
2022$164,477 · 0.51%
Same employer
Similar plansProfessional & Technical Services · Colorado
Seakr Engineering, LLC CO$71.9M · 0.02%
National Cinemedia, LLC CO$68.4M · 0.18%
P2ES Holdings, LLC CO$68.1M · 0.08%
PAX8, Inc. CO$63.0M · 0.29%
Lerch Bates Inc. CO$61.0M · 0.13%
M-E Engineers, Inc CO$56.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352426358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.