# Lyft, INC. 401(k) Plan
Source: https://planprovider.pro/companies/lyft-inc-401k-plan

> Lyft, INC.&#39;s 401(k) plan: 2,193 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Lyft, INC.

- **Sponsor EIN:** 208809830

- **Sponsor Address:** 185 BERRY STREET, SAN FRANCISCO, CA, 94107

- **Plan Type:** 401(k)

- **Total Participants:** 2,193

- **Total Assets:** $375.3M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|2,193|$375.3M|$0|$37.8M|

| 2023|2,148|$320.4M|-$11,460|$43.5M|

| 2022|3,559|$264.5M|$30,226|$60.4M|

## 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|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$344,337|—|$344,337|

| STRATEGIC ADVISORS, INC.|ADVISOR|$49,665|—|$49,665|

| BLUE & CO., LLC|ACCOUNTANT/AUDITOR|$23,500|—|$23,500|

| NEWFRONT RETIREMENT SERVICES, INC.|INVESTMENT ADVISOR|$16,250|—|$16,250|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [BLUE & CO., LLC](https://planprovider.pro/provider/blue-and-co-llc) — ACCOUNTANT/AUDITOR

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $433,752

- **Estimated Expense Ratio:** 0.116% 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|$428,972|$65,915|$1,500|$23,500|—|

| 2023|$439,984|$76,458|$300|$27,462|—|

| 2022|$436,646|$39,351|—|—|—|

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