Plan Ledger DOL Form 5500 · updated monthly

Magnite, Inc.401(k)

MAGNITE, INC. RETIREMENT SAVINGS PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Magnite, Inc. reported $863 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,950 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 0.06% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 977th-largest of 9,483 plans among California employers on file, and the 308th of 2,199 in information & media. In 2024, employees put in $3.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$102,619,160
Participants with balances1,017
Active participants645
Employer contributions$2,547,444
Employee contributions$9,913,618
Employer contribution per active participant$3,950
Average account balance$100,904
Benefits paid to participants$8,455,121
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$102.6M · 1,017 accts · $2.5M emplr
2023$83.1M · 989 accts · $2.4M emplr
2022$62.7M · 1,063 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$863
Total administrative$863
The Magnite, Inc. 401(k) match · 2024
Employer contribution per active participant$3,950
Median for plans this size$3,635
2024$3,950 per active participant
2023$3,651 per active participant
2022$3,311 per active participant

Magnite, 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 · 20241

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$863 · 0.00%
2023$115,055 · 0.16%
2022$37,777 · 0.06%
Same employer
Similar plansInformation & Media · California
Glassdoor, Inc. CA$113.5M · 0.08%
Metro-Goldwyn-Mayer Inc. CA$111.6M · 0.01%
Kqed Inc. CA$105.0M · 0.16%
Tencent America, LLC CA$102.0M · 0.13%
Zuora, Inc. CA$99.8M · 0.13%
Seismic Software, Inc CA$94.8M · 0.26%
O'Reilly Media, Inc. CA$94.5M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208881738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.