Plan Ledger DOL Form 5500 · updated monthly

Visa Inc.401(k)

VISA 401K PLAN · FOSTER CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Visa Inc. reported $76,809 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $15,916 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 0.002% to 0.002%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 28th-largest of 9,483 plans among California employers on file, and the 36th of 4,798 in finance & insurance. In 2024, the employer put in $1.11 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,192,924,642
Participants with balances19,589
Active participants13,476
Employer contributions$214,481,348
Employee contributions$193,506,424
Employer contribution per active participant$15,916
Average account balance$265,094
Benefits paid to participants$316,134,850
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2B · 19,589 accts · $214.5M emplr
2023$4.3B · 18,944 accts · $198.0M emplr
2022$3.4B · 18,178 accts · $169.5M emplr
Administrative expenses, itemized · 2024
Investment management$76,567
Total administrative$76,809
The Visa Inc. 401(k) match · 2024
Employer contribution per active participant$15,916
Median for plans this size$5,259
2024$15,916 per active participant
2023$15,087 per active participant
2022$13,583 per active participant

Visa Inc.'s 2024 employer contribution ran above the $5,259 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$76,809

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$76,809 · 0.00%
2023$71,838 · 0.00%
2022$64,482 · 0.00%
Same employer
Similar plansFinance & Insurance · California
Bmo Financial Corp. IL$5.0B · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260267673 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.