Plan Ledger DOL Form 5500 · updated monthly

Reddit, Inc.401(k)

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

Reported admin expense ratio · 2024
0.06%

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

Reddit, Inc. reported $130,763 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,815 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 6 years on file its reported administrative ratio fell from 0.18% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 479th-largest of 9,483 plans among California employers on file, and the 162nd of 2,199 in information & media. In 2024, employees put in $3.69 for every $1.00 the employer contributed; active participation has grown from 437 to 1,684 since 2018.

Plan summary
Net assets, end of year$251,274,376
Participants with balances2,165
Active participants1,684
Employer contributions$11,475,623
Employee contributions$42,371,621
Employer contribution per active participant$6,815
Average account balance$116,062
Benefits paid to participants$15,613,441
Plan auditUnmodified (clean) audit opinion
Plan history6
Yearassets · accounts · employer contribution
2024$251.3M · 2,165 accts · $11.5M emplr
2023$169.6M · 1,926 accts · $10.1M emplr
2022$98.3M · 1,689 accts · $8.3M emplr
2021$78.3M · 1,168 accts · $5.6M emplr
2020$46.3M · 688 accts · $3.3M emplr
2018$14.2M · 402 accts · $1.9M emplr
The Reddit, Inc. 401(k) match · 2024
Employer contribution per active participant$6,815
Median for plans this size$3,635
2024$6,815 per active participant
2023$6,736 per active participant
2022$5,885 per active participant
2021$4,737 per active participant
2020$4,808 per active participant

Reddit, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$116,973
WORLD INVESTMENT ADVISORS, LLC$8,750
MOSS ADAMS LLP$6,090

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 history6
2024$130,763 · 0.06%
2023$102,969 · 0.08%
2022$116,456 · 0.13%
2021$105,589 · 0.17%
2020$84,554 · 0.23%
2018$19,808 · 0.18%
Same employer
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Linquest Corporation CA$320.4M · 0.03%
Nextgen Healthcare, Inc. CA$264.6M · 0.08%
New Relic, Inc. CA$255.8M · 0.05%
Osisoft, LLC CA$244.6M
Ringcentral Inc CA$227.6M · 0.13%
COMPANY3 / Method Inc. CA$216.5M · 0.02%
Alteryx, Inc. CA$208.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452546501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.