Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Twitter
Twitter 401(k)
- Information
- San Francisco, CA
- EIN 20-8913779
- 1 plan with Schedule H financials
- Plan year 2024
- Twitter, Inc.
- filed as X Corp.
Administrative expenses excluding investment management, per participant · X Corp. 401(k) Plan · plan year 2024
$136.77
Higher than 88% of the 2,324 plans $250M to 1B that report it.
Source
= $744,050 / 5,440
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250916213154NAL0002127505001, received 2025-09-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916213154NAL0002127505001, received 2025-09-16
Percentiles compare this plan with the Schedule H plans $250M to 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 2025-09-16.
Cost and contributions
Administrative expenses per participant
$136.77
Higher than 77% of the 2,405 plans $250M to 1B that report it.
Source
= $744,050 / 5,440
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250916213154NAL0002127505001, received 2025-09-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916213154NAL0002127505001, received 2025-09-16
Administrative expenses as a share of assets
0.130%
Higher than 78% of the 2,407 plans $250M to 1B that report it.
Source
= $744,050 / $574,256,851
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250916213154NAL0002127505001, received 2025-09-16
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250916213154NAL0002127505001, received 2025-09-16
Employer contributions per participant
$621
Higher than 5% of the 2,457 plans $250M to 1B that report it.
Source
= $3,376,309 / 5,440
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250916213154NAL0002127505001, received 2025-09-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916213154NAL0002127505001, received 2025-09-16
Employer share of total contributions
21.0%
Higher than 18% of the 2,459 plans $250M to 1B that report it.
Source
= $3,376,309 / $16,078,085
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250916213154NAL0002127505001, received 2025-09-16
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250916213154NAL0002127505001, received 2025-09-16
Plan terms, as stated in Twitter, Inc.'s SEC filings
Plan terms are described in Twitter, Inc.'s SEC filings: Form 10-K filed 2022-02-16. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250916213154NAL0002127505001, received 2025-09-16
Full record, X Corp. 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | X CORP. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Plan name | X CORP. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Sponsor EIN / plan number | 20-8913779 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Sponsor location | SAN FRANCISCO, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Industry (business code) | 519100, Information | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Filing received | 2025-09-16 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Participants, beginning of year | 6,071 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Active participants | 823 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Participants, end of year | 5,480 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Participants with an account balance | 5,440 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Total assets, beginning of year | $572,590,787 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Total assets, end of year | $574,256,851 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Net assets, end of year | $574,256,851 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Total income | $104,521,295 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Net income | $1,666,064 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Employer contributions | $3,376,309 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Participant contributions | $11,333,195 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Other contributions (incl. rollovers) | $1,368,581 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Total contributions | $16,078,085 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Benefit payments | $102,040,129 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Total expenses (incl. benefit payments) | $102,855,231 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Total administrative expenses | $744,050 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Administrative expenses excluding investment management | $744,050 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Held in common/collective trusts | $278,031,703 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Held in mutual funds | $281,383,896 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250916213154NAL0002127505001, received 2025-09-16 |
| Independent auditor | MILLER KAPLAN ARASE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250916213154NAL0002127505001, received 2025-09-16 |
Position = column in the DOL layout for form year 2024. Filing 20250916213154NAL0002127505001, received 2025-09-16.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC.recordkeeper | NONE | 15 Recordkeeping and information management; 16 Consulting (general); 25 Trustee (directed); 33 Securities brokerage; 37 Participant loan processing; 52 Investment management fees paid indirectly by plan; 99 Other fees | $476,044 | yes |
| NEWFRONT RETIREMENT SERVICES INC | NONE | 16 Consulting (general) | $127,500 | no |
| VANGUARD ADVISERS INC. | NONE | 26 Investment advisory (participants) | $117,456 | no |
| MILLER KAPLAN ARASE, LLP | NONE | 99 Other fees | $24,000 | no |
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 20250916213154NAL0002127505001, received 2025-09-16.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $572,590,787 | $574,256,851 | 0.3% |
| Participants with a balance | 6,045 | 5,440 | -10.0% |
| Administrative expenses | $519,512 | $744,050 | 43.2% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $6,569,054 | $3,376,309 | -48.6% |
Prior filing 20241009134748NAL0018467361001, received 2024-10-09; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: X CORP.; SEC registrant: TWITTER, INC. (CIK 1418091, matched by EIN).