Plan Ledger DOL Form 5500 · updated monthly

Poshmark, Inc.401(k)

POSHMARK, INC. 401(K) PLAN · REDWOOD CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Poshmark, Inc. reported $5,996 in plan administrative expenses for 2024: 0.02% 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.

Across the 2 years on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,473rd-largest of 9,483 plans among California employers on file, and the 3,836th of 11,654 in professional & technical services. active participation has shrunk from 587 to 490 since 2022.

Plan summary
Net assets, end of year$33,434,385
Participants with balances495
Active participants490
Employer contributions$0
Employee contributions$4,995,093
Employer contribution per active participant$0
Average account balance$67,544
Benefits paid to participants$2,576,748
Plan auditUnmodified (clean) audit opinion
AuditorFRANK RIMERMAN AND CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$33.4M · 495 accts
2023$26.0M · 485 accts · $22K emplr
2022$17.3M · 477 accts
Administrative expenses, itemized · 2024
Investment management$6,790
Total administrative$5,996
The Poshmark, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Poshmark, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,790
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$5,996 · 0.02%
2023$2,726 · 0.01%
2022$1,275 · 0.01%
Same employer
Similar plansProfessional & Technical Services · California
Alector LLC CA$33.9M · 0.04%
View, Inc. CA$33.9M · 0.16%
Hueston Hennigan LLP CA$33.8M · 0.14%
Buffini & Company, Inc. CA$33.2M · 0.07%
Imperative Care, Inc. CA$33.1M · 0.04%
Nna Services, LLC CA$33.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274827617 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.