Coupa Software, Inc. 401(k) Review & Grade
Coupa Software, Inc. Retirement Trust
Foster City, CAProfessional, Scientific & Technical Services1,225 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,017Employer $ per active participant
$17,830Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$215.1MNet plan assets, end of year
$105,605Average balance per account
Score breakdown
- Employer generosity39.6 / 5079th percentile for employer $ per participant
- Low cost23.9 / 2596th percentile for low admin cost vs. same-size plans
- Employee saving14.4 / 1596th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score78 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 79th |
| Lower admin cost | 96th |
| Employee saving | 96th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $6,598 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Coupa Software put in about $6,017 per active participant, more than the typical peer ($3,082). 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 | $7,370,220 |
| Participant (employee) contributions | $21,841,378 |
| Other contributions (incl. rollovers in) | $5,888,414 |
| Administrative expenses paid from the plan | $38,671 |
| Investment advisory & management fees | $20,429 |
| Other admin expenses | $41,573 |
| Benefits paid out | $29,521,710 |
| Net assets, start / end of year | $179.7M / $215.1M |
| Active participants, start / end of year | 1,248 / 1,202 |
| Participants with account balances | 2,037 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Miller Kaplan Arase LLP |
Largest service providers (Schedule C)
| Vita Planning Group LLC | $41,573 reported compensation |
| Strategic Advisors, Inc. | $20,429 reported compensation |
| Fidelity Investments Institutional | −$23,331 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250905110158NAL0010550339001, received 2025-09-05, EIN 20-4429448, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.