# Robinhood Markets, INC. 401(k) Plan
Source: https://planprovider.pro/companies/robinhood-markets-inc-401k-plan

> Robinhood Markets, INC.'s 401(k) plan: 2,160 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Robinhood Markets, INC.

- **Sponsor EIN:** 464364776

- **Sponsor Address:** 85 WILLOW ROAD, MENLO PARK, CA, 94025

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

- **Total Participants:** 2,160

- **Total Assets:** $246.2M

## 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|2,160|$246.2M|$12.1M|$35.5M|

| 2023|2,190|$181.8M|$10.6M|$32.5M|

| 2022|2,433|$122.8M|$13.7M|$39.6M|

## 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|

| THE VANGUARD GROUP, INC.|NONE|$107,948|—|$107,948|

| BAKER TILLY US, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [THE VANGUARD GROUP, INC.](https://planprovider.pro/provider/the-vanguard-group-inc) — NONE

- [BAKER TILLY US, LLP](https://planprovider.pro/provider/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:** $107,948

- **Estimated Expense Ratio:** 0.044% 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|$103,498|—|—|—|—|

| 2023|$100,683|—|—|—|—|

| 2022|$73,818|—|—|—|—|

## Similar Plans

- [B. Riley Financial, INC.](https://planprovider.pro/companies/b-riley-financial-inc-401k-plan) — 1,336 participants

- [Wedbush Securities INC.](https://planprovider.pro/companies/wedbush-securities-inc-401k-plan) — 782 participants

- [Saalex Corporation Dba Saalex So](https://planprovider.pro/companies/saalex-corporation-dba-saalex-so-401k-plan) — 604 participants

- [Western Asset Management Company, LLC](https://planprovider.pro/companies/western-asset-management-company-llc-401k-plan) — 466 participants

- [Lpl Financial LLC](https://planprovider.pro/companies/lpl-financial-llc-401k-plan) — 8,946 participants

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

© 2026 PlanProvider.Pro