Upgrade 401(k) match, vesting and fees
What Upgrade's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | T. Rowe Price Rps, Inc. | Schedule C ↗ |
| Independent auditor | Pension Assurance LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 673 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| Upgrade: employer contribution per participant | $2,682 | |
| Peer median | $2,966 |
| Upgrade: average balance | $27,808 | |
| Peer median | $104,792 |
| Upgrade: admin expenses ÷ assets | 0.28% | |
| Peer median | 0.10% |
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 $15.1M at the end of plan year 2022 to $54.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,078 | $54.5M | $5.3M | $2,682 | 0.28% | Not published | Form 5500 ↗ |
| 2023 | 1,452 | $28.8M | $3.8M | $2,740 | 0.25% | Not published | Form 5500 ↗ |
| 2022 | 1,229 | $15.1M | $2.6M | $2,259 | 0.42% | Not published | Form 5500 ↗ |
Other Upgrade plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Forus 401(k)
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Pension Assurance LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Terminated (final filing) | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
Common questions
Does Upgrade match 401(k) contributions?
The match terms for the Upgrade Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $5.3M in employer contributions, about $2,682 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Upgrade 401(k) match vested?
The vesting schedule for the Upgrade Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Upgrade 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is T. Rowe Price Rps, Inc.. The plan administrator is Upgrade Inc..
I left Upgrade. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Upgrade Inc., (203) 216-9827) or the recordkeeper, T. Rowe Price Rps, Inc.. The Upgrade old 401(k) page lists the contacts from every plan filing. Find an old Upgrade 401(k)
Data from the public Form 5500 annual reports Upgrade 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 Upgrade. Not financial advice. Report a correction · Methodology