Kabbage, Inc.401(k)
KABBAGE, INC. 401(K) PLAN · SCOTTSDALE, AZ · plan year 2020
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Kabbage, Inc. reported $19,550 in plan administrative expenses for 2020: 0.24% of average plan assets, below the peer median. Employer contributions averaged $342,813 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.
The plan sits in the $1M–$10M size bracket, benchmarked here against 294 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Arizona (955th of 1,285), and 2,016th of 2,199 in information & media. In 2020, employees put in $3.65 for every $1.00 the employer contributed.
Kabbage, Inc.'s 2020 employer contribution ran above the $893 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.
Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 364973937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.