Plan Snapshot
- Plan Sponsor: Automattic INC.
- Sponsor EIN: 202602536
- Sponsor Address: 60 29TH STREET #343, SAN FRANCISCO, CA, 94110
- Plan Type: 401(k)
- Total Participants: 687
- Total Assets: $140.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 687 | $140.7M | $7.0M | $10.4M |
| 2023 | 788 | $112.9M | $6.8M | $10.2M |
| 2022 | 856 | $83.9M | $6.7M | $9.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BETTERMENT | RECORDKEEPER | $14,804 | — | $14,804 |
| CHARLES W. SNADER, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES W. SNADER, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,804
- Estimated Expense Ratio: 0.011% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $14,804 | — | — | — | — |
| 2023 | $3,451 | — | $3,451 | — | — |
| 2022 | $2,850 | — | $2,850 | — | — |