Plan Ledger DOL Form 5500 · updated monthly

Ripple Labs, Inc.401(k)

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

Reported admin expense ratio · 2024
0.12%

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

Ripple Labs, Inc. reported $65,506 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,618 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 0.16% to 0.12%. 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 1,420th-largest of 9,483 plans among California employers on file, and the 425th of 2,199 in information & media. In 2024, employees put in $7.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$65,003,997
Participants with balances743
Active participants504
Employer contributions$1,319,586
Employee contributions$10,135,947
Employer contribution per active participant$2,618
Average account balance$87,489
Benefits paid to participants$5,577,011
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$65.0M · 743 accts · $1.3M emplr
2023$48.1M · 729 accts · $1.5M emplr
2022$29.8M · 707 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,373
Investment management$40,000
Audit (IQPA)$21,133
Total administrative$65,506
The Ripple Labs, Inc. 401(k) match · 2024
Employer contribution per active participant$2,618
Median for plans this size$3,635
2024$2,618 per active participant
2023$2,828 per active participant
2022$2,191 per active participant

Ripple Labs, Inc.'s 2024 employer contribution ran below the $3,635 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
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$40,000
BPM LLP · Accounting / audit$21,133
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,373

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$65,506 · 0.12%
2023$43,388 · 0.11%
2022$43,796 · 0.16%
Same employer
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Goodrx, Inc. CA$75.9M · 0.26%
Telenav, Inc. CA$72.5M · 0.01%
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Fivetran, Inc. CA$69.1M · 0.11%
Intermedia.Net, Inc. CA$62.9M · 0.05%
Meltwater News US, Inc. CA$61.0M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461128587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.