Benchmarking Gitlab Inc. 401(K) Plan in San Francisco, CA against all plans
Of all the 2,317 plans that have 1,000 to 4,999 total participants, only Gitlab Inc. 401(K) Plan in San Francisco, CA has both such a high average participant cash contribution per active participant ($11,014) and such a low total administrative expense per participant ($0.00).
So, any other plan with as high an average participant cash contribution per active participant also has higher total administrative expense per participant. Likewise, any other plan with as low a total administrative expense per participant also has lower average participant cash contribution per active participant.
Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants
Gitlab Inc. 401(K) Plan has these standings among those 2,317 peer plans:
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Gitlab Inc. 401(K) Plan has these standings among those 2,317 peer plans:
So, any other plan with as high an average participant cash contribution per active participant also has higher total administrative expense per participant. Likewise, any other plan with as low a total administrative expense per participant also has lower average participant cash contribution per active participant.
Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants
Gitlab Inc. 401(K) Plan has these standings among those 2,317 peer plans:
- average participant cash contribution per active participant = $11,014 (26th-highest)
- cash contributions from participants = $11,994,635 (16th-most)
- active participants = 1,089 (980th-fewest, tied)
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Gitlab Inc. 401(K) Plan has these standings among those 2,317 peer plans:
- total administrative expense per participant = $0.00 (7th-lowest, tied)
- total administrative expenses = $0 (7th-lowest, tied)
- total participants = 1,500 (1,120th-most, tied)
Visualize
Peers
closest are Airtable 401(K) Plan in San Francisco, CA ($15,376, $2.53), Applovin Corporation 401(K) Profit Sharing Plan and Trust in Palo Alto, CA ($12,218, $4.97), Inari Medical, Inc. 401(K) Plan in Irvine, CA ($11,537, $5.44), and Coursera 401(K) Plan in Mountain View, CA ($12,283, $6.00), ending with Episerver, Inc. 401(K) Profit Sharing Plan & Trust in Nashua, NH ($12,891, $213.67).
References
- average participant cash contribution per active participant. Higher values are better. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, separated participants who are still living, and deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the number of total assets must be at least $50,000. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- total participants bracket. We partitioned total participants into eight brackets: 0-9, 10-24, 25-49, 50-99, 100-499, 500-999, 1000-4999, 5000-24999, and 25000 or more. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.