Plan Ledger DOL Form 5500 · updated monthly

Snap Inc.401(k)

SNAP INC. 401(K) RETIREMENT SAVINGS PLAN · SANTA MONICA, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Snap Inc. reported $82,765 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,606 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 0.02% to 0.01%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 168th-largest of 9,483 plans among California employers on file, and the 229th of 11,654 in professional & technical services. In 2024, employees put in $2.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$779,754,686
Participants with balances5,911
Active participants3,519
Employer contributions$30,285,591
Employee contributions$82,438,778
Employer contribution per active participant$8,606
Average account balance$131,916
Benefits paid to participants$78,777,916
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$779.8M · 5,911 accts · $30.3M emplr
2023$614.8M · 5,928 accts · $32.4M emplr
2022$428.4M · 5,800 accts · $31.8M emplr
Administrative expenses, itemized · 2024
Investment management$207,271
Total administrative$82,765
The Snap Inc. 401(k) match · 2024
Employer contribution per active participant$8,606
Median for plans this size$4,294
2024$8,606 per active participant
2023$8,463 per active participant
2022$8,554 per active participant

Snap Inc.'s 2024 employer contribution ran above the $4,294 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)$207,271
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$82,765 · 0.01%
2023$75,194 · 0.01%
2022$100,592 · 0.02%
Same employer
Similar plansProfessional & Technical Services · California
Protiviti Inc CA$814.1M · 0.07%
Mh Sub I LLC. CA$808.3M
Arup US, Inc. CA$723.2M · 0.02%
Stripe, Inc. CA$718.1M · 0.04%
Gensler CA$717.2M · 0.07%
Fenwick & West LLP CA$686.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455452795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.