Plan Ledger DOL Form 5500 · updated monthly

Pinterest, Inc.401(k)

PINTEREST 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Pinterest, Inc. reported $118,261 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,609 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 10 years on file its reported administrative ratio fell from 0.23% to 0.02%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other information & media employers. By assets it is the 227th-largest of 9,483 plans among California employers on file, and the 95th of 2,199 in information & media. In 2024, employees put in $4.20 for every $1.00 the employer contributed; active participation has grown from 420 to 3,427 since 2014.

Plan summary
Net assets, end of year$582,824,095
Participants with balances4,771
Active participants3,427
Employer contributions$19,220,652
Employee contributions$80,691,365
Employer contribution per active participant$5,609
Average account balance$122,160
Benefits paid to participants$22,297,889
Plan auditUnmodified (clean) audit opinion
Plan history9
Yearassets · accounts · employer contribution
2024$582.8M · 4,771 accts · $19.2M emplr
2023$418.8M · 4,308 accts · $17.4M emplr
2022$278.6M · 4,124 accts · $16.4M emplr
2019$109.1M · 2,383 accts
2018$67.2M · 2,010 accts
2017$48.9M · 1,470 accts · $3K emplr
2016$24.6M · 1,088 accts
2015$11.1M · 703 accts
2014$4.7M · 390 accts · $1K emplr
The Pinterest, Inc. 401(k) match · 2024
Employer contribution per active participant$5,609
Median for plans this size$4,294
2024$5,609 per active participant
2023$5,853 per active participant
2022$5,565 per active participant
2017$2 per active participant
2014$3 per active participant

Pinterest, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$84,304
VANGUARD ADVISERS INC. · Investment advisory (participants)$36,957

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history9
2024$118,261 · 0.02%
2023$158,602 · 0.05%
2022$131,426 · 0.05%
2019$55,406 · 0.06%
2018$38,278 · 0.07%
2017$2,845 · 0.01%
2016$6,878 · 0.04%
2015$27,754 · 0.35%
2014$7,235 · 0.23%
Same employer
Similar plansInformation & Media · California
Informatica LLC CA$613.7M · 0.04%
The McClatchy Company, LLC CA$601.6M · 0.07%
X Corp. CA$587.8M · 0.04%
Roblox Corporation CA$570.0M · 0.00%
Dropbox, Inc. CA$541.6M · 0.04%
Snowflake Inc. CA$529.4M · 0.04%
Yelp Inc. CA$364.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263607129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.