Plan Ledger DOL Form 5500 · updated monthly

Omidyar Network Services LLC401(k)

OMIDYAR NETWORK SERVICES 401(K) PLAN · REDWOOD CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Omidyar Network Services LLC reported $1,310 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,505 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 0.006% to 0.005%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 3,029th-largest of 9,483 plans among California employers on file, and 2,653rd of 4,798 in finance & insurance. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has shrunk from 60 to 54 since 2022.

Plan summary
Net assets, end of year$25,721,286
Participants with balances116
Active participants54
Employer contributions$783,289
Employee contributions$933,326
Employer contribution per active participant$14,505
Average account balance$221,735
Benefits paid to participants$2,946,241
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 116 accts · $783K emplr
2023$22.7M · 123 accts · $705K emplr
2022$20.3M · 130 accts · $922K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$250
Investment management$1,060
Total administrative$1,310
The Omidyar Network Services LLC 401(k) match · 2024
Employer contribution per active participant$14,505
Median for plans this size$2,416
2024$14,505 per active participant
2023$11,557 per active participant
2022$15,365 per active participant

Omidyar Network Services LLC'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$250

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$1,310 · 0.01%
2023$1,472 · 0.01%
2022$1,328 · 0.01%
Similar plansFinance & Insurance · California
Southland Credit Union CA$25.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201001957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.