Plan Ledger DOL Form 5500 · updated monthly

Paypal Holdings, Inc.401(k)

PAYPAL 401(K) SAVINGS PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Paypal Holdings, Inc. reported $741,244 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $6,492 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 0.04% to 0.03%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 62nd-largest of 9,483 plans among California employers on file, and the 73rd of 11,654 in professional & technical services. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has shrunk from 11,921 to 9,046 since 2022.

Plan summary
Net assets, end of year$2,248,771,989
Participants with balances14,244
Active participants9,046
Employer contributions$58,725,285
Employee contributions$126,704,039
Employer contribution per active participant$6,492
Average account balance$157,875
Benefits paid to participants$246,394,633
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2B · 14,244 accts · $58.7M emplr
2023$2.0B · 14,814 accts · $63.7M emplr
2022$1.6B · 15,246 accts · $67.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$550,284
Investment management$190,960
Total administrative$741,244
The Paypal Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$6,492
Median for plans this size$5,259
2024$6,492 per active participant
2023$6,135 per active participant
2022$5,655 per active participant

Paypal Holdings, Inc.'s 2024 employer contribution ran above the $5,259 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 · 20244
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$702,129
FALCON WEALTH PLANNING INC · Investment advisory (participants)$13,509
GERBER KAWASAKI WEALTH & · Investment advisory (participants)$6,475
CHARLES SCHWAB & CO., INC. · Securities brokerage$4,017

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$741,244 · 0.03%
2023$769,886 · 0.04%
2022$635,126 · 0.04%
Same employer
Similar plansProfessional & Technical Services · California
General Atomics CA$2.8B · 0.06%
Synopsys, Inc. CA$2.7B · 0.03%
Workday, Inc. CA$2.6B · 0.06%
Tetra Tech, Inc. CA$2.2B · 0.06%
Servicenow, Inc. CA$2.0B · 0.04%
Open Text, Inc. CA$1.9B · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472989869 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.