Cornerstone Ondemand, Inc. 401(k) Review & Grade
Cornerstone Ondemand Inc. 401(k) Profit Sharing Plan
Santa Monica, CAEducational Services1,192 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,732Employer $ per active participant
$14,966Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$195.8MNet plan assets, end of year
$114,664Average balance per account
Score breakdown
- Employer generosity39.5 / 5079th percentile for employer $ per participant
- Low cost18.1 / 2572th percentile for low admin cost vs. same-size plans
- Employee saving14.9 / 1599th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score73 / 100 · Grade B
This plan vs. peers
Peers: Educational Services plans with 500–2,499 active participants (144 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 79th |
| Lower admin cost | 72th |
| Employee saving | 99th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
Corrective distributions: the plan refunded $19,536 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Cornerstone Ondemand put in about $2,732 per active participant, more than the typical peer ($1,225). 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 | $3,258,123 |
| Participant (employee) contributions | $17,847,347 |
| Other contributions (incl. rollovers in) | $3,826,586 |
| Administrative expenses paid from the plan | $194,796 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $46,870 |
| Benefits paid out | $20,080,460 |
| Net assets, start / end of year | $165.4M / $195.8M |
| Active participants, start / end of year | 1,226 / 1,159 |
| Participants with account balances | 1,708 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Vasquez & Company LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $148,714 reported compensation |
| Strategic Advisors, Inc. | $46,870 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250930141508NAL0013348464001, received 2025-09-30, EIN 13-4068197, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.