Plan Snapshot
- Plan Sponsor: Reddit, INC.
- Sponsor EIN: 452546501
- Sponsor Address: 548 MARKET ST, SAN FRANCISCO, CA, 94104
- Plan Type: 401(k)
- Total Participants: 1,684
- Total Assets: $251.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,684 | $251.3M | $11.5M | $42.4M |
| 2023 | 1,501 | $169.6M | $10.1M | $32.3M |
| 2022 | 1,416 | $98.3M | $8.3M | $23.5M |
| 2021 | 1,192 | $78.3M | $0 | $0 |
| 2020 | 687 | $46.3M | $0 | $0 |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, 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 | $130,763 | — | — | — | — |
| 2023 | $102,969 | — | — | — | — |
| 2022 | $116,456 | $26,106 | $90,350 | — | — |
| 2021 | $105,589 | $35,000 | $70,589 | — | — |
| 2020 | $84,554 | $35,000 | $49,554 | — | — |