Yelp Inc. 401(k) Review & Grade
Yelp Inc. 401(k) Plan
San Francisco, CAInformation4,140 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,717Employer $ per active participant
$7,859Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$364.2MNet plan assets, end of year
$52,244Average balance per account
Score breakdown
- Employer generosity25.4 / 5051th percentile for employer $ per participant
- Low cost12.5 / 2550th percentile for low admin cost vs. same-size plans
- Employee saving6.9 / 1546th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score42 / 100 · Grade D
This plan vs. peers
Peers: Information plans with 2,500–9,999 active participants (60 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 51th |
| Lower admin cost | 50th |
| Employee saving | 46th |
| Peers that auto-enroll | 63% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $1,722 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Yelp put in about $3,717 per active participant, more than the typical peer ($3,691). 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 | $15,387,648 |
| Participant (employee) contributions | $32,532,326 |
| Other contributions (incl. rollovers in) | $2,732,803 |
| Administrative expenses paid from the plan | $395,888 |
| Contract administrator fees | $300 |
| Benefits paid out | $22,836,433 |
| Net assets, start / end of year | $285.0M / $364.2M |
| Active participants, start / end of year | 4,038 / 4,241 |
| Participants with account balances | 6,971 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $396,380 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015092844NAL0008529090001, received 2025-10-15, EIN 20-1854266, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.