Airbnb, Inc. 401(k) Review & Grade
Airbnb 401(k) Plan
San Francisco, CAInformation4,108 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,969Employer $ per active participant
$27,489Employee $ saved per active participant
0.00%Direct admin cost, % of plan assets
$981.8MNet plan assets, end of year
$160,664Average balance per account
Score breakdown
- Employer generosity41.5 / 5083th percentile for employer $ per participant
- Low cost24.8 / 2599th percentile for low admin cost vs. same-size plans
- Employee saving15.0 / 15100th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score81 / 100 · Grade A
This plan vs. peers
Peers: Information plans with 2,500–9,999 active participants (60 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 83th |
| Lower admin cost | 99th |
| Employee saving | 100th |
| Peers that auto-enroll | 63% |
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Red flags from the filing
Corrective distributions: the plan refunded $1,061,767 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Airbnb put in about $6,969 per active participant, more than the typical peer ($3,691). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $28,631,680 |
| Participant (employee) contributions | $112,936,870 |
| Other contributions (incl. rollovers in) | $35,976,600 |
| Administrative expenses paid from the plan | $28,138 |
| Contract administrator fees | $300 |
| Benefits paid out | $51,371,872 |
| Net assets, start / end of year | $720.2M / $981.8M |
| Active participants, start / end of year | 3,897 / 4,320 |
| Participants with account balances | 6,111 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Moss Adams, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $38,980 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250729133714NAL0001650403001, received 2025-07-29, EIN 26-3051428, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.