401k Record

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OpenDoor Labs 401(k)

Recordkeeping fees per participant · Opendoor Labs Inc. 401(k) Profit Sharing Plan · plan year 2024

$60.30

Higher than 42% of the 5,847 plans $50 to 250M that report it.

Source

= $115,649 / 1,918
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251029170506NAL0000596931001, received 2025-10-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251029170506NAL0000596931001, received 2025-10-29

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 2025-10-29.

Cost and contributions

Administrative expenses excluding investment management, per participant

$71.30

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

Higher than 36% of the 8,758 plans $50 to 250M that report it.

Source

= $136,744 / 1,918
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251029170506NAL0000596931001, received 2025-10-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251029170506NAL0000596931001, received 2025-10-29

Administrative expenses per participant

$82.36

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

Higher than 28% of the 9,042 plans $50 to 250M that report it.

Source

= $157,972 / 1,918
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251029170506NAL0000596931001, received 2025-10-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251029170506NAL0000596931001, received 2025-10-29

Administrative expenses as a share of assets

0.234%

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

Higher than 77% of the 9,049 plans $50 to 250M that report it.

Source

= $157,972 / $67,456,456
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251029170506NAL0000596931001, received 2025-10-29
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251029170506NAL0000596931001, received 2025-10-29

Employer contributions per participant

$483

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

Higher than 4% of the 9,105 plans $50 to 250M that report it.

Source

= $925,625 / 1,918
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251029170506NAL0000596931001, received 2025-10-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251029170506NAL0000596931001, received 2025-10-29

Employer share of total contributions

6.8%

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

Higher than 2% of the 9,112 plans $50 to 250M that report it.

Source

= $925,625 / $13,529,159
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251029170506NAL0000596931001, received 2025-10-29
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251029170506NAL0000596931001, received 2025-10-29

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

Plan terms are not published in public filings.

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 · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251029170506NAL0000596931001, received 2025-10-29

Full record, Opendoor Labs Inc. 401(k) Profit Sharing Plan

FieldValueSource
Plan sponsorOPENDOOR LABS INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251029170506NAL0000596931001, received 2025-10-29
Plan nameOPENDOOR LABS INC. 401(K) PROFIT SHARING PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251029170506NAL0000596931001, received 2025-10-29
Sponsor EIN / plan number46-4975399 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251029170506NAL0000596931001, received 2025-10-29
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251029170506NAL0000596931001, received 2025-10-29
Sponsor locationTEMPE, AZForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251029170506NAL0000596931001, received 2025-10-29
Industry (business code)531390, Real estate and rental and leasingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251029170506NAL0000596931001, received 2025-10-29
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251029170506NAL0000596931001, received 2025-10-29
Filing received2025-10-29Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251029170506NAL0000596931001, received 2025-10-29
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251029170506NAL0000596931001, received 2025-10-29
Amended filingyesForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251029170506NAL0000596931001, received 2025-10-29
Participants, beginning of year2,458Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251029170506NAL0000596931001, received 2025-10-29
Active participants1,130Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251029170506NAL0000596931001, received 2025-10-29
Participants, end of year1,919Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251029170506NAL0000596931001, received 2025-10-29
Participants with an account balance1,918Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251029170506NAL0000596931001, received 2025-10-29
Total assets, beginning of year$61,286,974Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251029170506NAL0000596931001, received 2025-10-29
Total assets, end of year$67,456,456Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251029170506NAL0000596931001, received 2025-10-29
Net assets, end of year$67,456,456Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251029170506NAL0000596931001, received 2025-10-29
Total income$22,921,368Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251029170506NAL0000596931001, received 2025-10-29
Net income$6,169,482Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251029170506NAL0000596931001, received 2025-10-29
Employer contributions$925,625Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251029170506NAL0000596931001, received 2025-10-29
Participant contributions$11,266,437Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251029170506NAL0000596931001, received 2025-10-29
Other contributions (incl. rollovers)$1,337,097Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251029170506NAL0000596931001, received 2025-10-29
Total contributions$13,529,159Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251029170506NAL0000596931001, received 2025-10-29
Benefit payments$16,355,332Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251029170506NAL0000596931001, received 2025-10-29
Total expenses (incl. benefit payments)$16,751,886Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251029170506NAL0000596931001, received 2025-10-29
Total administrative expenses$157,972Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251029170506NAL0000596931001, received 2025-10-29
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251029170506NAL0000596931001, received 2025-10-29
Recordkeeping fees$115,649Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251029170506NAL0000596931001, received 2025-10-29
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251029170506NAL0000596931001, received 2025-10-29
Investment advisory and management fees$21,228Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251029170506NAL0000596931001, received 2025-10-29
Administrative expenses excluding investment management$136,744derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251029170506NAL0000596931001, received 2025-10-29
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251029170506NAL0000596931001, received 2025-10-29
Held in common/collective trusts$757,100Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251029170506NAL0000596931001, received 2025-10-29
Held in mutual funds$66,174,375Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251029170506NAL0000596931001, received 2025-10-29
Independent auditorBAKER TILLY US, LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251029170506NAL0000596931001, received 2025-10-29

Position = column in the DOL layout for form year 2024. Filing 20251029170506NAL0000596931001, received 2025-10-29.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
EMPOWER ANNUITY INSURANCE COMPANY OrecordkeeperRECORDKEEPER 64 Recordkeeping fees $136,744yes
SAGEVIEW ADVISORY GROUP, LLCINVESTMENT MGMT 28 Investment management $21,228no

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 20251029170506NAL0000596931001, received 2025-10-29.

What changed since the 2023 plan year

Figure20232024Change
Total assets$61,286,974$67,456,45610.1%
Participants with a balance2,2861,918-16.1%
Administrative expenses$145,141$157,9728.8%
Recordkeeping fees per participant$58.02$60.303.9%
Employer contributions$0$925,625

Prior filing 20241009145540NAL0010747571001, received 2024-10-09; the plan years are contiguous.

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Sponsor name as filed: OPENDOOR LABS INC.; SEC registrant: OpenDoor Labs Inc. (CIK 1609437, matched by EIN).