401k Record

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Apple 401(k)

Recordkeeping fees per participant · Apple 401(k) Plan · plan year 2024

$7.41

Higher than 11% of the 790 plans over $1B that report it.

Source

= $1,066,016 / 143,849
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250917213639NAL0000924912001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917213639NAL0000924912001, received 2025-09-17

10th: $6.72median $34.2890th: $56.58

Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-17.

Cost and contributions

Administrative expenses excluding investment management, per participant

$7.76

10th: $9.43median $44.4790th: $97.55

Higher than 8% of the 1,045 plans over $1B that report it.

Source

= $1,116,128 / 143,849
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250917213639NAL0000924912001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917213639NAL0000924912001, received 2025-09-17

Administrative expenses per participant

$51.15

10th: $24.33median $70.0390th: $174.36

Higher than 31% of the 1,076 plans over $1B that report it.

Source

= $7,357,584 / 143,849
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917213639NAL0000924912001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917213639NAL0000924912001, received 2025-09-17

Administrative expenses as a share of assets

0.030%

10th: 0.013%median 0.046%90th: 0.111%

Higher than 30% of the 1,076 plans over $1B that report it.

Source

= $7,357,584 / $24,714,519,387
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917213639NAL0000924912001, received 2025-09-17
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250917213639NAL0000924912001, received 2025-09-17

Employer contributions per participant

$5,101

10th: $1,442median $3,74490th: $8,760

Higher than 69% of the 1,135 plans over $1B that report it.

Source

= $733,748,273 / 143,849
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917213639NAL0000924912001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917213639NAL0000924912001, received 2025-09-17

Employer share of total contributions

29.6%

10th: 19.8%median 33.4%90th: 47.5%

Higher than 38% of the 1,135 plans over $1B that report it.

Source

= $733,748,273 / $2,480,093,891
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917213639NAL0000924912001, received 2025-09-17
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250917213639NAL0000924912001, received 2025-09-17

Plan terms, as stated in Apple Inc.'s SEC filings

Plan terms are described in Apple Inc.'s SEC filings: Form 10-K filed 2025-10-31. No term could be quoted from them with the required precision.

Plan features

2A age/service-weighted · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250917213639NAL0000924912001, received 2025-09-17

Full record, Apple 401(k) Plan

FieldValueSource
Plan sponsorAPPLE INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250917213639NAL0000924912001, received 2025-09-17
Plan nameAPPLE 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250917213639NAL0000924912001, received 2025-09-17
Sponsor EIN / plan number94-2404110 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250917213639NAL0000924912001, received 2025-09-17
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250917213639NAL0000924912001, received 2025-09-17
Sponsor locationCUPERTINO, CAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250917213639NAL0000924912001, received 2025-09-17
Industry (business code)334110, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250917213639NAL0000924912001, received 2025-09-17
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250917213639NAL0000924912001, received 2025-09-17
Filing received2025-09-17Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250917213639NAL0000924912001, received 2025-09-17
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250917213639NAL0000924912001, received 2025-09-17
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250917213639NAL0000924912001, received 2025-09-17
Participants, beginning of year144,388Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250917213639NAL0000924912001, received 2025-09-17
Active participants101,217Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250917213639NAL0000924912001, received 2025-09-17
Participants, end of year145,428Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250917213639NAL0000924912001, received 2025-09-17
Participants with an account balance143,849Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917213639NAL0000924912001, received 2025-09-17
Total assets, beginning of year$19,779,511,539Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250917213639NAL0000924912001, received 2025-09-17
Total assets, end of year$24,714,519,387Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250917213639NAL0000924912001, received 2025-09-17
Net assets, end of year$24,708,171,361Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250917213639NAL0000924912001, received 2025-09-17
Total income$5,948,483,643Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250917213639NAL0000924912001, received 2025-09-17
Net income$4,929,840,381Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250917213639NAL0000924912001, received 2025-09-17
Employer contributions$733,748,273Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917213639NAL0000924912001, received 2025-09-17
Participant contributions$1,464,448,926Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250917213639NAL0000924912001, received 2025-09-17
Other contributions (incl. rollovers)$281,896,692Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250917213639NAL0000924912001, received 2025-09-17
Total contributions$2,480,093,891Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250917213639NAL0000924912001, received 2025-09-17
Benefit payments$1,010,530,906Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250917213639NAL0000924912001, received 2025-09-17
Total expenses (incl. benefit payments)$1,018,643,262Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250917213639NAL0000924912001, received 2025-09-17
Total administrative expenses$7,357,584Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917213639NAL0000924912001, received 2025-09-17
Recordkeeping fees$1,066,016Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250917213639NAL0000924912001, received 2025-09-17
Investment advisory and management fees$6,241,456Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250917213639NAL0000924912001, received 2025-09-17
Administrative expenses excluding investment management$1,116,128derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250917213639NAL0000924912001, received 2025-09-17
Held in common/collective trusts$21,869,273,965Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250917213639NAL0000924912001, received 2025-09-17
Held in mutual funds$17,597,225Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250917213639NAL0000924912001, received 2025-09-17
Independent auditorERNST & YOUNG LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250917213639NAL0000924912001, received 2025-09-17

Position = column in the DOL layout for form year 2024. Filing 20250917213639NAL0000924912001, received 2025-09-17.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
WILLIAM BLAIR INVESTMENT MGMTNONE 26 Investment advisory (participants); 28 Investment management; 50 Direct payment from the plan $2,561,538no
FINANCIAL ENGINESNONE 27 Investment advisory (plan); 50 Direct payment from the plan $1,929,300no
BARROW, HANELY, MEWHINNEY & STRAUSNONE 26 Investment advisory (participants); 28 Investment management; 50 Direct payment from the plan $1,521,364no
FID INV INST OPS COrecordkeeperNONE 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees; 50 Direct payment from the plan $1,394,585yes
MARINER WEALTH ADVISORS, LLCNONE 26 Investment advisory (participants); 51 Investment management fees paid directly by plan $58,735no
FISHER INVESTMENTNONE 26 Investment advisory (participants); 51 Investment management fees paid directly by plan $52,243no
ENVESTNET ADVISORY CORPNONE 26 Investment advisory (participants); 51 Investment management fees paid directly by plan $18,254no
CORIENTNONE 26 Investment advisory (participants); 51 Investment management fees paid directly by plan $13,611no
CHURCHILL MGMT GROUPNONE 26 Investment advisory (participants); 51 Investment management fees paid directly by plan $12,293no
SFMG WEALTH ADVISORSNONE 26 Investment advisory (participants); 51 Investment management fees paid directly by plan $10,330no
CREATIVE PLANNINGNONE 26 Investment advisory (participants); 51 Investment management fees paid directly by plan $10,222no
DYNAMIC WEALTHNONE 26 Investment advisory (participants); 51 Investment management fees paid directly by plan $7,106no
ABSOLUTE CAPITAL MGMTNONE 26 Investment advisory (participants); 51 Investment management fees paid directly by plan $5,854no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250917213639NAL0000924912001, received 2025-09-17.

What changed since the 2023 plan year

Figure20232024Change
Total assets$19,779,511,539$24,714,519,38725.0%
Participants with a balance143,144143,8490.5%
Administrative expenses$9,670,850$7,357,584-23.9%
Recordkeeping fees per participantnot reported$7.41
Employer contributions$679,521,343$733,748,2738.0%

Prior filing 20241011101049NAL0010800659001, received 2024-10-11; the plan years are contiguous.

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Sponsor name as filed: APPLE INC.; SEC registrant: Apple Inc. (CIK 320193, matched by EIN; display name from the Form 10-K cover).