Vmware, Inc.401(k)
VMWARE INC. 401(K) SAVINGS PLAN · PALO ALTO, CA · plan year 2023
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Vmware, Inc. reported $389,512 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,534 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 1 year on file its reported administrative ratio rose from 0.010% to 0.011%. The plan sits in the over $1B size bracket, benchmarked here against 1,075 comparable plans and shown alongside other professional & technical services employers. By assets it is the 36th-largest of 9,483 plans among California employers on file, and the 36th of 11,654 in professional & technical services. In 2023, employees put in $2.59 for every $1.00 the employer contributed.
Vmware, Inc.'s 2023 employer contribution ran above the $5,237 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 943292913 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.