Plan Ledger DOL Form 5500 · updated monthly

Patreon, Inc401(k)

PATREON 401(K) PLAN · SAN FRANCISCO, 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

Patreon, Inc reported $4,802 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,523 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 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,902nd-largest of 9,483 plans among California employers on file, and the 226th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has grown from 341 to 397 since 2022.

Plan summary
Net assets, end of year$45,545,445
Participants with balances614
Active participants397
Employer contributions$3,383,819
Employee contributions$8,054,183
Employer contribution per active participant$8,523
Average account balance$74,178
Benefits paid to participants$3,333,614
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.5M · 614 accts · $3.4M emplr
2023$29.2M · 561 accts · $3.0M emplr
2022$15.2M · 480 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Investment management$5,920
Total administrative$4,802
The Patreon, Inc 401(k) match · 2024
Employer contribution per active participant$8,523
Median for plans this size$2,416
2024$8,523 per active participant
2023$7,658 per active participant
2022$6,921 per active participant

Patreon, Inc'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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,920
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$4,802 · 0.01%
2023$12,665 · 0.06%
2022$2,516 · 0.02%
Same employer
Similar plansArts, Entertainment & Recreation · California
Syufy Enterprises, L.P. CA$50.9M · 0.20%
The Exploratorium CA$48.6M · 0.36%
Fortiss, LLC CA$48.5M · 0.41%
The Bay Club Company CA$47.7M · 0.40%
Red Hawk Casino CA$44.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463115122 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.