Plan Ledger DOL Form 5500 · updated monthly

Planet Labs Pbc401(k)

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

Reported admin expense ratio · 2024
0.01%

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

Planet Labs Pbc reported $7,516 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 1,587th-largest of 9,483 plans among California employers on file, and the 374th of 3,341 in other services.

Plan summary
Net assets, end of year$57,575,834
Participants with balances631
Active participants511
Employer contributions$0
Employee contributions$8,066,497
Employer contribution per active participant$0
Average account balance$91,245
Benefits paid to participants$4,313,113
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,516
Total administrative$7,516
The Planet Labs Pbc 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635

Planet Labs Pbc's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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$7,675

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

Administrative cost history1
2024$7,516 · 0.01%
Similar plansOther Services · California
Bay Equity, LLC CA$52.1M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844299396 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.