Salesforce, Inc. 401(k) Review & Grade
Salesforce 401(k) Plan
San Francisco, CAInformation36,613 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,158Employer $ per active participant
$20,710Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$9.1BNet plan assets, end of year
$169,051Average balance per account
Score breakdown
- Employer generosity24.1 / 5048th percentile for employer $ per participant
- Low cost23.0 / 2592th percentile for low admin cost vs. same-size plans
- Employee saving12.4 / 1583th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score60 / 100 · Grade B
This plan vs. peers
Peers: Information plans with 10,000+ active participants (30 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 48th |
| Lower admin cost | 92th |
| Employee saving | 83th |
| Peers that auto-enroll | 60% |
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Red flags from the filing
Corrective distributions: the plan refunded $277,128 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Salesforce put in about $5,158 per active participant, below the typical peer ($5,217). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $188,852,116 |
| Participant (employee) contributions | $758,243,439 |
| Other contributions (incl. rollovers in) | $147,610,414 |
| Administrative expenses paid from the plan | $1,513,574 |
| Contract administrator fees | $10,500 |
| Investment advisory & management fees | $1,028,275 |
| Benefits paid out | $606,637,802 |
| Net assets, start / end of year | $7.3B / $9.1B |
| Active participants, start / end of year | 36,689 / 36,537 |
| Participants with account balances | 53,667 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Carr, Riggs & Ingram LLC |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $1,028,275 reported compensation |
| Fidelity Investments Institutional | $651,338 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250922114057NAL0005580112001, received 2025-09-22, EIN 94-3320693, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.