Plan Ledger DOL Form 5500 · updated monthly

Maplebear Inc. D/B/A Instacart401(k)

MAPLEBEAR INC. D/B/A INSTACART RETIREMENT PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Maplebear Inc. D/B/A Instacart reported $98,383 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,284 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 rose from 0.01% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 414th-largest of 9,483 plans among California employers on file, and the 570th of 11,654 in professional & technical services. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has shrunk from 4,408 to 2,641 since 2022.

Plan summary
Net assets, end of year$297,040,898
Participants with balances3,473
Active participants2,641
Employer contributions$19,236,529
Employee contributions$46,236,573
Employer contribution per active participant$7,284
Average account balance$85,529
Benefits paid to participants$22,432,407
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$297.0M · 3,473 accts · $19.2M emplr
2023$205.1M · 3,533 accts · $17.9M emplr
2022$114.9M · 3,785 accts · $14.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,383
Total administrative$98,383
The Maplebear Inc. D/B/A Instacart 401(k) match · 2024
Employer contribution per active participant$7,284
Median for plans this size$4,294
2024$7,284 per active participant
2023$5,518 per active participant
2022$3,271 per active participant

Maplebear Inc. D/B/A Instacart's 2024 employer contribution ran above the $4,294 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$106,487

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$98,383 · 0.04%
2023$94,375 · 0.06%
2022$7,881 · 0.01%
Same employer
Similar plansProfessional & Technical Services · California
Quest Software Inc. CA$299.5M · 0.11%
Elasticsearch, Inc. CA$291.4M · 0.00%
Neurocrine Biosciences CA$283.5M · 0.05%
Box, Inc. CA$282.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460723335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.