401k Record

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Marqeta 401(k)

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

$56.39

Higher than 40% of the 5,847 plans $50 to 250M that report it.

Source

= $64,060 / 1,136
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009212043NAL0007106289001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009212043NAL0007106289001, received 2025-10-09

10th: $10.22median $69.9190th: $151.08

Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-10-09.

Cost and contributions

Administrative expenses excluding investment management, per participant

$56.39

10th: $16.21median $93.2090th: $246.84

Higher than 28% of the 8,758 plans $50 to 250M that report it.

Source

= $64,060 / 1,136
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009212043NAL0007106289001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009212043NAL0007106289001, received 2025-10-09

Administrative expenses per participant

$56.39

10th: $29.39median $132.8490th: $350.58

Higher than 19% of the 9,042 plans $50 to 250M that report it.

Source

= $64,060 / 1,136
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009212043NAL0007106289001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009212043NAL0007106289001, received 2025-10-09

Administrative expenses as a share of assets

0.062%

10th: 0.022%median 0.136%90th: 0.326%

Higher than 24% of the 9,049 plans $50 to 250M that report it.

Source

= $64,060 / $103,699,000
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009212043NAL0007106289001, received 2025-10-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009212043NAL0007106289001, received 2025-10-09

Employer contributions per participant

$4,098

10th: $965median $2,73890th: $8,164

Higher than 70% of the 9,105 plans $50 to 250M that report it.

Source

= $4,655,396 / 1,136
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009212043NAL0007106289001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009212043NAL0007106289001, received 2025-10-09

Employer share of total contributions

18.0%

10th: 15.6%median 29.5%90th: 50.6%

Higher than 14% of the 9,112 plans $50 to 250M that report it.

Source

= $4,655,396 / $25,910,223
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009212043NAL0007106289001, received 2025-10-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009212043NAL0007106289001, received 2025-10-09

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

Employer match

“The Company maintains defined contribution plans for eligible employees, including a 401(k) plan that covers substantially all of its U.S. based employees and to which the Company provides a matching contribution of 50% of the first 6% of compensation that an employee contributes.”

Form 10-K filed 2026-02-24, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document

Vesting

“The matching contribution vests immediately.”

Form 10-K filed 2026-02-24, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document

Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.

Plan features

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 · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251009212043NAL0007106289001, received 2025-10-09

Full record, Marqeta 401(k) Plan

FieldValueSource
Plan sponsorMARQETA, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251009212043NAL0007106289001, received 2025-10-09
Plan nameMARQETA 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251009212043NAL0007106289001, received 2025-10-09
Sponsor EIN / plan number27-4306690 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251009212043NAL0007106289001, received 2025-10-09
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251009212043NAL0007106289001, received 2025-10-09
Sponsor locationOAKLAND, CAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251009212043NAL0007106289001, received 2025-10-09
Industry (business code)522300, Finance and insuranceForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251009212043NAL0007106289001, received 2025-10-09
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251009212043NAL0007106289001, received 2025-10-09
Filing received2025-10-09Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251009212043NAL0007106289001, received 2025-10-09
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251009212043NAL0007106289001, received 2025-10-09
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251009212043NAL0007106289001, received 2025-10-09
Participants, beginning of year1,111Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251009212043NAL0007106289001, received 2025-10-09
Active participants750Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251009212043NAL0007106289001, received 2025-10-09
Participants, end of year1,163Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251009212043NAL0007106289001, received 2025-10-09
Participants with an account balance1,136Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009212043NAL0007106289001, received 2025-10-09
Total assets, beginning of year$73,037,605Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251009212043NAL0007106289001, received 2025-10-09
Total assets, end of year$103,699,000Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009212043NAL0007106289001, received 2025-10-09
Net assets, end of year$103,699,000Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251009212043NAL0007106289001, received 2025-10-09
Total income$39,819,283Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251009212043NAL0007106289001, received 2025-10-09
Net income$30,661,395Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251009212043NAL0007106289001, received 2025-10-09
Employer contributions$4,655,396Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009212043NAL0007106289001, received 2025-10-09
Participant contributions$15,026,699Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251009212043NAL0007106289001, received 2025-10-09
Other contributions (incl. rollovers)$6,228,128Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251009212043NAL0007106289001, received 2025-10-09
Total contributions$25,910,223Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009212043NAL0007106289001, received 2025-10-09
Benefit payments$9,063,714Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251009212043NAL0007106289001, received 2025-10-09
Total expenses (incl. benefit payments)$9,157,888Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251009212043NAL0007106289001, received 2025-10-09
Total administrative expenses$64,060Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009212043NAL0007106289001, received 2025-10-09
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251009212043NAL0007106289001, received 2025-10-09
Recordkeeping fees$64,060Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009212043NAL0007106289001, received 2025-10-09
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251009212043NAL0007106289001, received 2025-10-09
Investment advisory and management fees$0Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251009212043NAL0007106289001, received 2025-10-09
Administrative expenses excluding investment management$64,060derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009212043NAL0007106289001, received 2025-10-09
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251009212043NAL0007106289001, received 2025-10-09
Held in common/collective trusts$0Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251009212043NAL0007106289001, received 2025-10-09
Held in mutual funds$99,949,395Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251009212043NAL0007106289001, received 2025-10-09
Independent auditorMILLER KAPLAN ARASE LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251009212043NAL0007106289001, received 2025-10-09

Position = column in the DOL layout for form year 2024. Filing 20251009212043NAL0007106289001, received 2025-10-09.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees $64,388yes

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 20251009212043NAL0007106289001, received 2025-10-09.

What changed since the 2023 plan year

Figure20232024Change
Total assets$73,037,605$103,699,00042.0%
Participants with a balance1,0821,1365.0%
Administrative expenses$11,319$64,060466.0%
Recordkeeping fees per participant$10.46$56.39439.0%
Employer contributions$5,512,596$4,655,396-15.5%

Prior filing 20240920151326NAL0003019747001, received 2024-09-20; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: MARQETA, INC.; SEC registrant: Marqeta, Inc. (CIK 1522540, matched by EIN; display name from the Form 10-K cover).