Plan Ledger DOL Form 5500 · updated monthly

Indeed, Inc.401(k)

INDEED, INC. 401(K) PROFIT-SHARING PLAN TRUST · STAMFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Indeed, Inc. reported $402,166 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $8,371 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 0.09% to 0.04%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 29th-largest of 1,106 plans among Connecticut employers on file, and the 165th of 11,654 in professional & technical services. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has shrunk from 9,982 to 6,555 since 2022.

Plan summary
Net assets, end of year$1,138,656,209
Participants with balances9,653
Active participants6,555
Employer contributions$54,872,000
Employee contributions$113,889,347
Employer contribution per active participant$8,371
Average account balance$117,959
Benefits paid to participants$90,788,860
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1B · 9,653 accts · $54.9M emplr
2023$895.1M · 10,142 accts · $58.8M emplr
2022$620.5M · 10,687 accts · $57.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$399,344
Total administrative$402,166
The Indeed, Inc. 401(k) match · 2024
Employer contribution per active participant$8,371
Median for plans this size$5,259
2024$8,371 per active participant
2023$7,680 per active participant
2022$5,711 per active participant

Indeed, Inc.'s 2024 employer contribution ran above the $5,259 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$407,774

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$402,166 · 0.04%
2023$463,911 · 0.06%
2022$537,416 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Connecticut
Ss&C Technologies, Inc CT$1.8B · 0.03%
McGuirewoods LLP VA$1.2B · 0.04%
Infor (US), Inc. GA$1.1B · 0.01%
Illumina, Inc. CA$1.1B · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260129478 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.