Retirement plan

GOOGLE INC. 401(K) SAVINGS PLAN

GOOGLE INC.EIN 77-0493581Plan #001PY 2015
1600 AMPHITHEATRE PARKWAY - MOUNTAIN VIEW, CA 940431351650-623-4000cutoutpath.comLinkedIn51-200 employeesgraphic design
Prospect flagsCorrective distributions

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(650) 623-4000
Plan administrator signer
GURGEN GHAZARYAN
Signed 10/14/2016
Plan administrator entity
ADMINISTRATIVE COMMITTEE
EIN 770493581

Summary metrics

Total assets (EOY)
$5797.1M
+13379721.7% from 2016
Total participants
51,094
+851466.7% from 2016
Average account balance
$114,334
+1483.3% from 2016
Annual return
2.09%
+2.09 pp from 2016

Benchmarks

Peer group
Industry51 - Information
Plan typeDefined contribution
Participants>=10,000
Cohort45 peers
Snapshot2015
Participant deferral / active EE
$17,106
median $4,044
Employer contribution / active EE
$7,467
median $2,161
Participation rate
99.1%
median 87.5%
Avg account balance
$114,334
median $87,544
Admin fee / account holder
$27
median $54
Annual return
2.09%
median 0.84%
Overall peer rank
84th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$48.74B
Average account balance
Total assets / participants with a balance (line 6g)
$315K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
154,637
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
99.2%
Contributions (total)
Employer and participant dollars contributed each year
$4.75B
Contributions per participant
Average employer and participant contribution per enrolled participant
$42K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+16.74%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$17
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 1 by compensation
ProviderService typeCompensation
Service code 15 · EIN 23-1945930
Recordkeeping
$1,382,431

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3F
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2K
    Code section 401(m) arrangement
    Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
  • 2R
    Participant-directed brokerage accounts
    Participant-directed brokerage accounts provided as an investment option under the plan.
  • 2S
    Automatic enrollment
    Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped
  • ComplianceCorrective distributions

    Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II
Admin total
$1.4M
$32 / participant
  • Other / not subdivided$1M100.0%
% of EOY assets
0.024%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm
MOSS ADAMS LLP
Auditor EIN
910189318
Audit fees
(not subdivided)
Opinion code
Disclaimer