Plan Ledger DOL Form 5500 · updated monthly

Shutterfly, LLC401(k)

SHUTTERFLY, LLC 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Shutterfly, LLC reported $332,547 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $1,756 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 0.13% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other other services employers. By assets it is the 342nd-largest of 9,483 plans among California employers on file, and the 36th of 3,341 in other services. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has shrunk from 6,670 to 5,488 since 2022.

Plan summary
Net assets, end of year$380,196,957
Participants with balances5,738
Active participants5,488
Employer contributions$9,639,617
Employee contributions$23,345,392
Employer contribution per active participant$1,756
Average account balance$66,259
Benefits paid to participants$49,898,450
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$380.2M · 5,738 accts · $9.6M emplr
2023$343.2M · 5,904 accts · $10.6M emplr
2022$285.7M · 6,284 accts · $11.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$257,632
Investment management$74,915
Total administrative$332,547
The Shutterfly, LLC 401(k) match · 2024
Employer contribution per active participant$1,756
Median for plans this size$4,294
2024$1,756 per active participant
2023$1,775 per active participant
2022$1,714 per active participant

Shutterfly, LLC's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$260,752
NEWFRONT RETIREMENT SERVICES INC · Investment advisory (plan)$74,915

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$332,547 · 0.09%
2023$328,505 · 0.10%
2022$399,651 · 0.13%
Same employer
Similar plansOther Services · California
The Rand Corporation CA$655.7M · 0.02%
Coolsys, Inc. CA$219.3M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943330068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.