Employers › Flipboard
Recordkeeping fees per participant · Flipboard, Inc. 401(k) Plan · plan year 2024
$114.97
Higher than 64% of the 14,075 plans $10 to 50M that report it.
= $12,647 / 110
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250902131130NAL0014422657001, received 2025-09-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250902131130NAL0014422657001, received 2025-09-02
Percentiles compare this plan with the Schedule H plans $10 to 50M 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 2025-09-02.
Administrative expenses excluding investment management, per participant
$114.97
Higher than 48% of the 24,371 plans $10 to 50M that report it.
= $12,647 / 110
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250902131130NAL0014422657001, received 2025-09-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250902131130NAL0014422657001, received 2025-09-02
Administrative expenses per participant
$296.85
Higher than 71% of the 25,098 plans $10 to 50M that report it.
= $32,653 / 110
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250902131130NAL0014422657001, received 2025-09-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250902131130NAL0014422657001, received 2025-09-02
Administrative expenses as a share of assets
0.220%
Higher than 38% of the 25,132 plans $10 to 50M that report it.
= $32,653 / $14,825,531
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250902131130NAL0014422657001, received 2025-09-02
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250902131130NAL0014422657001, received 2025-09-02
Employer contributions per participant
$1,514
Higher than 33% of the 24,050 plans $10 to 50M that report it.
= $166,584 / 110
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250902131130NAL0014422657001, received 2025-09-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250902131130NAL0014422657001, received 2025-09-02
Employer share of total contributions
20.2%
Higher than 25% of the 24,084 plans $10 to 50M that report it.
= $166,584 / $825,891
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250902131130NAL0014422657001, received 2025-09-02
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250902131130NAL0014422657001, received 2025-09-02
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250902131130NAL0014422657001, received 2025-09-02
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FLIPBOARD, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Plan name | FLIPBOARD, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Sponsor EIN / plan number | 27-1780218 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Sponsor location | PALO ALTO, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Industry (business code) | 519100, Information | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Filing received | 2025-09-02 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Participants, beginning of year | 133 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Active participants | 34 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Participants, end of year | 110 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Participants with an account balance | 110 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Total assets, beginning of year | $13,777,563 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Total assets, end of year | $14,825,531 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Net assets, end of year | $14,825,531 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Total income | $2,742,811 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Net income | $1,047,968 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Employer contributions | $166,584 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Participant contributions | $622,942 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Other contributions (incl. rollovers) | $36,365 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Total contributions | $825,891 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Benefit payments | $1,662,190 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Total expenses (incl. benefit payments) | $1,694,843 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Total administrative expenses | $32,653 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Recordkeeping fees | $12,647 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Investment advisory and management fees | $20,006 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Administrative expenses excluding investment management | $12,647 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Held in mutual funds | $14,095,279 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250902131130NAL0014422657001, received 2025-09-02 |
| Independent auditor | CLIFTONLARSONALLEN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250902131130NAL0014422657001, received 2025-09-02 |
Position = column in the DOL layout for form year 2024. Filing 20250902131130NAL0014422657001, received 2025-09-02.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| THREE BELL CAPITAL | ADVISOR | 27 Investment advisory (plan) | $16,915 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $12,647 | yes |
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 20250902131130NAL0014422657001, received 2025-09-02.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $13,777,563 | $14,825,531 | 7.6% |
| Participants with a balance | 133 | 110 | -17.3% |
| Administrative expenses | $33,859 | $32,653 | -3.6% |
| Recordkeeping fees per participant | $100.22 | $114.97 | 14.7% |
| Employer contributions | $260,988 | $166,584 | -36.2% |
Prior filing 20240724171425NAL0013107473001, received 2024-07-24; the plan years are contiguous.
Sponsor name as filed: FLIPBOARD, INC.; SEC registrant: Flipboard, Inc. (CIK 1588774, matched by EIN).