Plan Ledger DOL Form 5500 · updated monthly

Salesforce, Inc.401(k)

SALESFORCE 401(K) PLAN · SAN FRANCISCO, 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

Salesforce, Inc. reported $1,513,574 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,169 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 0.04% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other information & media employers. By assets it is the 16th-largest of 9,483 plans among California employers on file, and the 9th of 2,199 in information & media. In 2024, employees put in $4.02 for every $1.00 the employer contributed; active participation has shrunk from 41,578 to 36,537 since 2022.

Plan summary
Net assets, end of year$9,072,466,128
Participants with balances53,667
Active participants36,537
Employer contributions$188,852,116
Employee contributions$758,243,439
Employer contribution per active participant$5,169
Average account balance$169,051
Benefits paid to participants$606,637,802
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.1B · 53,667 accts · $188.9M emplr
2023$7.3B · 53,709 accts · $195.5M emplr
2022$5.7B · 55,168 accts · $216.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$485,299
Investment management$1,028,275
Total administrative$1,513,574
The Salesforce, Inc. 401(k) match · 2024
Employer contribution per active participant$5,169
Median for plans this size$5,259
2024$5,169 per active participant
2023$5,329 per active participant
2022$5,214 per active participant

Salesforce, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$1,028,275
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$651,338

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$1,513,574 · 0.02%
2023$1,470,827 · 0.02%
2022$2,121,654 · 0.04%
Same employer
Similar plansInformation & Media · California
Google LLC CA$48.7B · 0.01%
Meta Platforms, Inc. CA$22.4B · 0.00%
Twdc Enterprises 18 Corp. CA$12.7B · 0.01%
Qualcomm Incorporated CA$9.7B · 0.00%
Adobe Inc. CA$5.0B · 0.02%
Netflix, Inc. CA$2.3B · 0.02%
Uber Technologies, Inc. CA$1.4B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943320693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.