Plan Ledger DOL Form 5500 · updated monthly

Rover Group, Inc.401(k)

ROVER 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Rover Group, Inc. reported $9,887 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,542 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 1 year on file its reported administrative ratio fell from 0.04% to 0.03%. 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 418th-largest of 1,714 plans among Washington employers on file, and the 3,282nd of 11,654 in professional & technical services. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,259,151
Participants with balances644
Active participants429
Employer contributions$3,235,640
Employee contributions$5,755,180
Employer contribution per active participant$7,542
Average account balance$62,514
Benefits paid to participants$2,198,259
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$40.3M · 644 accts · $3.2M emplr
2023$26.2M · 586 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$891
Investment management$8,996
Total administrative$9,887
The Rover Group, Inc. 401(k) match · 2024
Employer contribution per active participant$7,542
Median for plans this size$2,416
2024$7,542 per active participant
2023$4,605 per active participant

Rover Group, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,996
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$891

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

Administrative cost history2
2024$9,887 · 0.03%
2023$9,406 · 0.04%
Similar plansProfessional & Technical Services · Washington
Sana Biotechnology, Inc. WA$43.3M · 0.02%
Hargis Engineers, Inc. WA$43.2M · 0.16%
Porch WA$37.9M · 0.37%
Cowi North America, Inc. WA$36.8M · 0.16%
Omeros Corporation WA$35.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853147201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.