Plan Ledger DOL Form 5500 · updated monthly

Matterport, Inc.401(k)

MATTERPORT, INC. 401(K) PLAN · SUNNYVALE, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

Matterport, Inc. reported $58,782 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. 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 0.24% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,533rd-largest of 9,483 plans among California employers on file, and the 3,926th of 11,654 in professional & technical services. active participation has shrunk from 497 to 399 since 2022.

Plan summary
Net assets, end of year$32,323,143
Participants with balances383
Active participants399
Employer contributions—
Employee contributions$4,705,809
Employer contribution per active participant—
Average account balance$84,395
Benefits paid to participants$2,489,545
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$32.3M · 383 accts
2023$24.4M · 395 accts
2022$18.3M · 457 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,294
Investment management$3,000
Total administrative$58,782
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
WESPAC PLAN SERVICES, LLC · Recordkeeping · Loan processing$55,782
WESPAC ADVISORS, LLC$3,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025WESPAC PLAN SERVICES, LLC
2024WESPAC PLAN SERVICES, LLC
2023WESPAC PLAN SERVICES, LLC

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Administrative cost history4
2025Not separately reported
2024$58,782 · 0.21%
2023$72,643 · 0.34%
2022$40,907 · 0.24%
Similar plansProfessional & Technical Services · California
Signifyd, Inc. CA$32.6M · 0.02%
Sugarcrm Inc. CA$32.4M · 0.03%
Wnc & Associates, Inc. CA$32.4M · 0.17%
Saalex Corporation CA$32.2M · 0.24%
Opengov, Inc. CA$32.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453545468 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.