Doordash, Inc. 401(k) Review & Grade
Doordash 401(k) Plan
San Francisco, CATransportation & Warehousing9,908 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,954Employer $ per active participant
$8,780Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$438.7MNet plan assets, end of year
$38,739Average balance per account
Score breakdown
- Employer generosity26.2 / 5052th percentile for employer $ per participant
- Low cost12.6 / 2551th percentile for low admin cost vs. same-size plans
- Employee saving12.7 / 1584th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score52 / 100 · Grade C
This plan vs. peers
Peers: Transportation & Warehousing plans with 2,500–9,999 active participants (123 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 52th |
| Lower admin cost | 51th |
| Employee saving | 84th |
| Peers that auto-enroll | 46% |
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Red flags from the filing
Corrective distributions: the plan refunded $91,844 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Doordash put in about $1,954 per active participant, more than the typical peer ($1,834). 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 | $19,364,516 |
| Participant (employee) contributions | $86,992,506 |
| Other contributions (incl. rollovers in) | $24,206,482 |
| Administrative expenses paid from the plan | $436,099 |
| Investment advisory & management fees | $290,668 |
| Benefits paid out | $29,542,216 |
| Net assets, start / end of year | $282.0M / $438.7M |
| Active participants, start / end of year | 8,904 / 10,913 |
| Participants with account balances | 11,324 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas |
Largest service providers (Schedule C)
| Global Retirement Partners LLC | $212,581 reported compensation |
| Fidelity Investments Institutional | $145,431 reported compensation |
| Strategic Advisors, Inc. | $78,087 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014105011NAL0001258211001, received 2025-10-14, EIN 46-2852392, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.