Anaplan 401(k) match, vesting and fees
What Anaplan's 401(k) plan says about matching contributions
Employer matching contributions – The Company is allowed to make discretionary contributions to the Plan in the form of matching contributions, as defined in the Plan and as approved by the Board of Directors. For 2024, the Company approved a matching contribution equal to 50 cents of each dollar the participant contributes up to 5% of the annual eligible compensation. Effective January 1, 2025, the Plan was amended to require that participants be employed by the Company on the last day of the Plan Year in order to be eligible to receive employer matching contributions.
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. 31 ↗ |
| Match vesting | Vesting – Participants are immediately vested in their contributions. Participants are fully vested in the discretionary employer contributions allocated to their account after two years of credited service. | Audit report, p. 31 ↗ |
| Automatic enrollment | Participant contributions – Eligible participants are auto enrolled at 6% unless elected otherwise. | Audit report, p. 31 ↗ |
| Roth contributions | Participants may elect to have the Company contribute their eligible pre-tax, Roth, after-tax compensation to the Plan up to the amount allowable under the Plan document and current income tax regulations. | Audit report, p. 31 ↗ |
| Loans | Notes receivable from participants – The Plan allows participants to borrow not less than $1,000 and up to the lesser of $50,000 or 50% of their vested account balance. | Audit report, p. 32 ↗ |
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Baker Tilly US, 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 1,087 defined-contribution plans in professional, scientific, and technical services with 1,000 to 4,999 participants.
| Anaplan: employer contribution per participant | $2,491 | |
| Peer median | $2,556 |
| Anaplan: average balance | $82,850 | |
| Peer median | $100,166 |
| Anaplan: admin expenses ÷ assets | 0.16% | |
| Peer median | 0.11% |
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 $79.8M at the end of plan year 2021 to $125M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,556 | $125M | $3.7M | $2,491 | 0.16% | Quoted in the audit report, p. 31 ↗ | Form 5500 ↗ |
| 2023 | 1,401 | $103M | $6.4M | $4,766 | 0.20% | Not published | Form 5500 ↗ |
| 2022 | 1,619 | $77.9M | $2.4M | $1,761 | 0.19% | Not published | Form 5500 ↗ |
| 2021 | 1,431 | $79.8M | $2M | $1,543 | 0.24% | Not published | Form 5500 ↗ |
Common questions
Does Anaplan match 401(k) contributions?
The audit report attached to the Anaplan, Inc. 401k Plan's plan year 2024 Form 5500, page 31 says: “Employer matching contributions – The Company is allowed to make discretionary contributions to the Plan in the form of matching contributions, as defined in the Plan and as approved by the Board of Directors. For 2024, the Company approved a matching contribution equal to 50 cents of each dollar the participant contributes up to 5% of the annual eligible compensation. Effective January 1, 2025, the Plan was amended to require that participants be employed by the Company on the last day of the Plan Year in order to be eligible to receive employer matching contributions.” Plan terms may have changed; check your current Summary Plan Description.
When is the Anaplan 401(k) match vested?
The audit report attached to the plan year 2024 Form 5500, page 31 says: “Vesting – Participants are immediately vested in their contributions. Participants are fully vested in the discretionary employer contributions allocated to their account after two years of credited service.”
Who manages the Anaplan 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Anaplan, Inc..
I left Anaplan. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Anaplan, Inc., (714) 981-1140) or the recordkeeper, Fidelity Investments Institutional. The Anaplan old 401(k) page lists the contacts from every plan filing. Find an old Anaplan 401(k)
Data from the public Form 5500 annual reports Anaplan filed with the U.S. Department of Labor (plan years 2021 and 2022 and 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 Anaplan. Not financial advice. Report a correction · Methodology