Plan Ledger DOL Form 5500 · updated monthly

Zoom Video Communications, Inc.401(k)

ZOOM VIDEO COMMUNICATIONS, INC. 401K PROFIT SHARING PLAN TRUST · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Zoom Video Communications, Inc. reported $415,586 in plan administrative expenses for 2024: 0.13% of average plan assets, above the peer median. Employer contributions averaged $2,734 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 0.19% to 0.13%. 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 344th-largest of 9,483 plans among California employers on file, and the 465th of 11,654 in professional & technical services. In 2024, employees put in $6.11 for every $1.00 the employer contributed; active participation has shrunk from 4,661 to 3,593 since 2022.

Plan summary
Net assets, end of year$378,983,742
Participants with balances4,874
Active participants3,593
Employer contributions$9,822,308
Employee contributions$60,015,900
Employer contribution per active participant$2,734
Average account balance$77,756
Benefits paid to participants$32,353,626
Plan auditUnmodified (clean) audit opinion
AuditorHOOD & STRONG, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$379.0M · 4,874 accts · $9.8M emplr
2023$282.3M · 4,864 accts · $14.6M emplr
2022$179.9M · 5,073 accts · $4.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$332,933
Investment management$82,653
Total administrative$415,586
The Zoom Video Communications, Inc. 401(k) match · 2024
Employer contribution per active participant$2,734
Median for plans this size$4,294
2024$2,734 per active participant
2023$3,833 per active participant
2022$1,013 per active participant

Zoom Video Communications, Inc.'s 2024 employer contribution ran below the $4,294 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$334,724
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$42,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$40,653

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$415,586 · 0.13%
2023$332,827 · 0.14%
2022$302,356 · 0.19%
Same employer
Similar plansProfessional & Technical Services · California
Databricks, Inc. CA$418.9M · 0.10%
Nutanix, Inc. CA$412.4M · 0.01%
Align Technology, Inc. CA$411.7M · 0.11%
Lyft, Inc. CA$375.3M · 0.12%
Armanino LLP CA$347.4M · 0.11%
Procore Technologies, Inc. CA$345.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611648780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.