Plan Ledger DOL Form 5500 · updated monthly

Khan Academy, Inc.401(k)

KHAN ACADEMY, INC. 401(K) SAFE HARBOR PLAN · MOUNTAIN VIEW, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Khan Academy, Inc. reported $111,482 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $5,570 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 0.39% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 2,066th-largest of 9,483 plans among California employers on file, and the 1,053rd of 3,091 in educational services. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 207 to 302 since 2022.

Plan summary
Net assets, end of year$41,356,236
Participants with balances435
Active participants302
Employer contributions$1,682,173
Employee contributions$3,863,203
Employer contribution per active participant$5,570
Average account balance$95,072
Benefits paid to participants$2,433,729
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.4M · 435 accts · $1.7M emplr
2023$31.7M · 358 accts · $1.5M emplr
2022$23.4M · 341 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,682
Investment management$59,800
Total administrative$111,482
The Khan Academy, Inc. 401(k) match · 2024
Employer contribution per active participant$5,570
Median for plans this size$2,416
2024$5,570 per active participant
2023$6,736 per active participant
2022$5,937 per active participant

Khan Academy, 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 · 20242
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$59,800
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$52,109

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$111,482 · 0.31%
2023$96,188 · 0.35%
2022$95,755 · 0.39%
Same employer
Similar plansEducational Services · California
The Thacher School CA$43.2M · 0.12%
Pathways in Education, Inc. CA$42.8M · 0.60%
Cate School CA$41.0M · 0.12%
The Nueva School CA$41.0M · 0.15%
Oaks Christian School CA$40.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261544963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.