Plan Ledger DOL Form 5500 · updated monthly

Microstrategy401(k)

MICROSTRATEGY 401(K) SAVINGS PLAN · VIENNA, VA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Microstrategy reported $93,482 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,269 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 0.05% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 132nd-largest of 2,266 plans among Virginia employers on file, and the 654th of 11,654 in professional & technical services. In 2024, employees put in $4.54 for every $1.00 the employer contributed; active participation has shrunk from 725 to 453 since 2022.

Plan summary
Net assets, end of year$254,289,415
Participants with balances1,303
Active participants453
Employer contributions$2,386,965
Employee contributions$10,839,824
Employer contribution per active participant$5,269
Average account balance$195,157
Benefits paid to participants$34,178,343
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$254.3M · 1,303 accts · $2.4M emplr
2023$237.3M · 1,377 accts · $2.8M emplr
2022$200.0M · 1,487 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,482
Investment management$50,000
Total administrative$93,482
The Microstrategy 401(k) match · 2024
Employer contribution per active participant$5,269
Median for plans this size$3,635
2024$5,269 per active participant
2023$4,321 per active participant
2022$4,296 per active participant

Microstrategy'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 · 20242
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$50,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$43,482

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$93,482 · 0.04%
2023$108,336 · 0.05%
2022$118,634 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Virginia
Ensco, Inc. VA$272.6M · 0.05%
Cherry Bekaert Advisory LLC VA$263.0M · 0.16%
Centauri, LLC VA$260.7M · 0.01%
Sag, LLC. VA$254.8M · 0.07%
Asm Research LLC VA$239.7M · 0.19%
Appian Corporation VA$237.6M · 0.45%
Sag, LLC. VA$231.1M · 0.05%
Analytic Services Inc. VA$226.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510323571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.