Zillow Group, Inc. 401(k) Review & Grade
Zillow Group 401(k) Plan
Seattle, WAReal Estate & Rental6,299 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,561Employer $ per active participant
$12,982Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$849.8MNet plan assets, end of year
$91,802Average balance per account
Score breakdown
- Employer generosity49.0 / 5098th percentile for employer $ per participant
- Low cost22.5 / 2590th percentile for low admin cost vs. same-size plans
- Employee saving15.0 / 15100th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score94 / 100 · Grade A
This plan vs. peers
Peers: Real Estate & Rental plans with 2,500–9,999 active participants (50 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 98th |
| Lower admin cost | 90th |
| Employee saving | 100th |
| Peers that auto-enroll | 46% |
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 $82,717 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Zillow Group put in about $5,561 per active participant, more than the typical peer ($1,141). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $35,028,058 |
| Participant (employee) contributions | $81,774,055 |
| Other contributions (incl. rollovers in) | $14,406,655 |
| Administrative expenses paid from the plan | $227,508 |
| Investment advisory & management fees | $75,302 |
| Benefits paid out | $51,060,218 |
| Net assets, start / end of year | $661.6M / $849.8M |
| Active participants, start / end of year | 6,157 / 6,441 |
| Participants with account balances | 9,257 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $210,871 reported compensation |
| Charles Schwab & Co., Inc. | $1,153 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250902184800NAL0030063842001, received 2025-09-02, EIN 47-1645716, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.