Airbnb 401(k) match, vesting and fees
What Airbnb's 401(k) plan says about matching contributions
The Company may elect to make discretionary matching contributions to the Plan as defined in the Plan. During 2024, the Company made discretionary matching contributions equal to the lesser of 3% of eligible compensation or 50% of the participant’s contributions, totaling $29,657,375.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | Audit report, p. 49 ↗ |
| Match vesting | Vesting – Participants are vested immediately in their contributions and employer contributions plus actual earnings thereon. | Audit report, p. 49 ↗ |
| Roth contributions | Participants may also elect to make Roth contributions utilizing after-tax contributions. | Audit report, p. 49 ↗ |
| Loans | Notes receivable from participants – Participants may borrow from their accounts a minimum of $1,000 up to a maximum equal to the lesser of $50,000 or 50% of their account balance. The loans are issued by the Plan and secured by the balance in the participant’s account. All loans must be repaid within a period of five years, unless the loan is used to purchase a principal residence, in which case, the loan must be repaid within a reasonable period of time not to exceed 15 years. Under the terms of the Plan Document, plan loans will bear a reasonable rate of interest determined by the plan administrator. Principal and interest are paid ratably through semi-monthly payroll deductions. As of December 31, 2024, the rates of interest on outstanding loans ranged from 4.25% to 9.50% with various maturities through November 2034. | Audit report, p. 49 ↗ |
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Moss Adams, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
All rows are from the plan year 2024 filing; plan features from its audit report.
How the plan compares
Plan year 2024 medians for 34 defined-contribution plans in information with 5,000 to 9,999 participants.
| Airbnb: employer contribution per participant | $4,685 | |
| Peer median | $1,939 |
| Airbnb: average balance | $160,664 | |
| Peer median | $106,291 |
| Airbnb: admin expenses ÷ assets | <0.01% | |
| Peer median | 0.07% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $720M at the end of plan year 2023 to $982M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 6,267 | $982M | $28.6M | $4,685 | <0.01% | Quoted in the audit report, p. 49 ↗ | Form 5500 ↗ |
| 2023 | 5,722 | $720M | $26.4M | $4,671 | <0.01% | Not published | Form 5500 ↗ |
Common questions
Does Airbnb match 401(k) contributions?
The audit report attached to the Airbnb 401(k) Plan's plan year 2024 Form 5500, page 49 says: “The Company may elect to make discretionary matching contributions to the Plan as defined in the Plan. During 2024, the Company made discretionary matching contributions equal to the lesser of 3% of eligible compensation or 50% of the participant’s contributions, totaling $29,657,375.” Plan terms may have changed; check your current Summary Plan Description.
When is the Airbnb 401(k) match vested?
The audit report attached to the plan year 2024 Form 5500, page 49 says: “Vesting – Participants are vested immediately in their contributions and employer contributions plus actual earnings thereon.”
Who manages the Airbnb 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Airbnb, Inc..
I left Airbnb. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Airbnb, Inc., (415) 728-0095) or the recordkeeper, Fidelity Investments Institutional. The Airbnb old 401(k) page lists the contacts from every plan filing. Find an old Airbnb 401(k)
Data from the public Form 5500 annual reports Airbnb filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Airbnb. Not financial advice. Report a correction · Methodology