Plan Snapshot
- Plan Sponsor: Meta Platforms, INC.
- Sponsor EIN: 201665019
- Sponsor Address: 1 META WAY, MENLO PARK, CA, 94025
- Plan Type: 401(k)
- Total Participants: 58,603
- Total Assets: $16.5B
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 | 58,603 | $16.5B | $670.4M | $1.7B |
| 2023 | 51,434 | $12.2B | $674.9M | $1.5B |
| 2022 | 66,696 | $8.5B | $694.0M | $1.5B |
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 |
|---|---|---|---|---|
| ERNST & YOUNG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $206,548 | $69,076 | $19,500 | — | — |
| 2023 | $197,593 | $49,034 | $11,400 | — | — |
| 2022 | $150,422 | $30,569 | — | — | — |