# Meta Platforms, INC. 401(k) Plan
Source: https://planprovider.pro/companies/meta-platforms-inc-401k-plan

> Meta Platforms, INC.&#39;s 401(k) plan: 58,603 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$456,978|—|$456,978|

| ERNST & YOUNG LLP|Auditor|—|—|$0|

### 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

- [ERNST & YOUNG LLP](https://planprovider.pro/provider/ernst-and-young-llp) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $456,978

- **Estimated Expense Ratio:** 0.003% 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|$206,548|$69,076|$19,500|—|—|

| 2023|$197,593|$49,034|$11,400|—|—|

| 2022|$150,422|$30,569|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/meta-platforms-inc-401k-plan)

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