Plan Ledger DOL Form 5500 · updated monthly

Scribd, Inc.401(k)

SCRIBD, INC. 401(K) PROFIT SHARING PLAN AND TRUST · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Scribd, Inc. reported $80,995 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $3,886 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 0.34% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 2,667th-largest of 9,483 plans among California employers on file, and the 780th of 2,199 in information & media. In 2024, employees put in $4.58 for every $1.00 the employer contributed; active participation has shrunk from 283 to 208 since 2022.

Plan summary
Net assets, end of year$30,135,449
Participants with balances312
Active participants208
Employer contributions$808,239
Employee contributions$3,697,831
Employer contribution per active participant$3,886
Average account balance$96,588
Benefits paid to participants$3,050,276
Plan auditUnmodified (clean) audit opinion
AuditorERICA ONG, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$30.1M · 312 accts · $808K emplr
2023$24.0M · 293 accts · $920K emplr
2022$17.0M · 319 accts · $949K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,800
Investment management$56,195
Total administrative$80,995
The Scribd, Inc. 401(k) match · 2024
Employer contribution per active participant$3,886
Median for plans this size$2,416
2024$3,886 per active participant
2023$4,070 per active participant
2022$3,353 per active participant

Scribd, Inc.'s 2024 employer contribution ran above the $2,416 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
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$50,126
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,457
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,069

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$80,995 · 0.30%
2023$59,945 · 0.29%
2022$61,013 · 0.34%
Same employer
Similar plansInformation & Media · California
Internews Network, Inc. CA$30.9M · 0.18%
Endemol USA, Inc. CA$30.5M · 0.01%
Skydance Productions, LLC CA$30.1M · 0.31%
The Myers-Briggs Company CA$30.0M · 0.14%
Quizlet, Inc. CA$29.5M · 0.05%
Versa Networks Inc CA$29.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204330671 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.