Plan Ledger DOL Form 5500 · updated monthly

Samsara Inc.401(k)

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

Reported admin expense ratio · 2024
0.04%

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

Samsara Inc. reported $86,691 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,102 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 0.09% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 493rd-largest of 9,483 plans among California employers on file, and the 683rd of 11,654 in professional & technical services. In 2024, employees put in $2.79 for every $1.00 the employer contributed; active participation has grown from 1,858 to 2,550 since 2022.

Plan summary
Net assets, end of year$240,094,991
Participants with balances3,342
Active participants2,550
Employer contributions$13,010,527
Employee contributions$36,307,184
Employer contribution per active participant$5,102
Average account balance$71,842
Benefits paid to participants$11,875,023
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$240.1M · 3,342 accts · $13.0M emplr
2023$157.6M · 2,792 accts · $10.4M emplr
2022$94.0M · 2,356 accts · $7.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,579
Investment management$44,112
Audit (IQPA)$16,000
Total administrative$86,691
The Samsara Inc. 401(k) match · 2024
Employer contribution per active participant$5,102
Median for plans this size$3,635
2024$5,102 per active participant
2023$4,718 per active participant
2022$4,183 per active participant

Samsara Inc.'s 2024 employer contribution ran above 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$44,112
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,629
PENSION ASSURANCE LLP · Accounting / audit$16,000

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$86,691 · 0.04%
2023$94,916 · 0.08%
2022$79,698 · 0.09%
Same employer
Similar plansProfessional & Technical Services · California
Omnissa, LLC CA$262.9M · 0.01%
Unity Technologies CA$247.2M · 0.04%
Farella Braun and Martel LLP CA$237.3M · 0.04%
Cloudera, Inc. CA$235.1M · 0.03%
Confluent, Inc CA$233.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473100039 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.