Apple
Apple Inc. · CUPERTINO, CA · AAPL (Nasdaq) · Manufacturing · sponsor EIN 94-2404110 · 1 plan with Schedule H financials, latest plan year 2024
Plan terms
Plan terms are described in Apple Inc.'s SEC filings: Form 10-K filed 2025-10-31. No term could be quoted from them with the required precision.
APPLE 401(K) PLAN
Plan year 2024-01-01 to 2024-12-31 · $24,714,519,387 in assets · 143,849 participants with a balance · >$1B bucket, single-employer · plan number 001
At a glance
Recordkeeping fees per participant (headline)
$7.41
higher than 11% of the 790 plans of similar size (>$1B) that report it
= recordkeeping_fees / participants_with_balance. Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250917213639NAL0000924912001, received 2025-09-17 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917213639NAL0000924912001, received 2025-09-17
Administrative expenses excluding investment management, per participant
$7.76
higher than 8% of the 1,045 plans of similar size (>$1B) that report it
= admin_excl_invmgmt / participants_with_balance. derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250917213639NAL0000924912001, received 2025-09-17 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917213639NAL0000924912001, received 2025-09-17
Administrative expenses per participant
$51.15
higher than 31% of the 1,076 plans of similar size (>$1B) that report it
= admin_expenses / participants_with_balance. Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917213639NAL0000924912001, received 2025-09-17 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917213639NAL0000924912001, received 2025-09-17
Administrative expenses as a share of assets
0.030%
higher than 30% of the 1,076 plans of similar size (>$1B) that report it
= admin_expenses / assets_eoy. Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917213639NAL0000924912001, received 2025-09-17 · assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250917213639NAL0000924912001, received 2025-09-17
Employer contributions per participant
$5,101
higher than 69% of the 1,135 plans of similar size (>$1B) that report it
= employer_contrib / participants_with_balance. Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917213639NAL0000924912001, received 2025-09-17 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917213639NAL0000924912001, received 2025-09-17
Employer share of total contributions
29.6%
higher than 38% of the 1,135 plans of similar size (>$1B) that report it
= employer_contrib / total_contrib. Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917213639NAL0000924912001, received 2025-09-17 · total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250917213639NAL0000924912001, received 2025-09-17
Percentiles compare this plan with the Schedule H plans of the same asset bucket and plan year, excluding final filings; a percentile is shown only where at least 50 comparable plans report the figure. The match formula is not in the filing; only amounts are shown.
Plan features
2A age/service-weighted · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250917213639NAL0000924912001, received 2025-09-17
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| WILLIAM BLAIR INVESTMENT MGMT | NONE | 26 Investment advisory (participants); 28 Investment management; 50 Direct payment from the plan | $2,561,538 | no |
| FINANCIAL ENGINES | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $1,929,300 | no |
| BARROW, HANELY, MEWHINNEY & STRAUS | NONE | 26 Investment advisory (participants); 28 Investment management; 50 Direct payment from the plan | $1,521,364 | no |
| FID INV INST OPS CO (recordkeeper) | NONE | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees; 50 Direct payment from the plan | $1,394,585 | yes |
| MARINER WEALTH ADVISORS, LLC | NONE | 26 Investment advisory (participants); 51 Investment management fees paid directly by plan | $58,735 | no |
| FISHER INVESTMENT | NONE | 26 Investment advisory (participants); 51 Investment management fees paid directly by plan | $52,243 | no |
| ENVESTNET ADVISORY CORP | NONE | 26 Investment advisory (participants); 51 Investment management fees paid directly by plan | $18,254 | no |
| CORIENT | NONE | 26 Investment advisory (participants); 51 Investment management fees paid directly by plan | $13,611 | no |
| CHURCHILL MGMT GROUP | NONE | 26 Investment advisory (participants); 51 Investment management fees paid directly by plan | $12,293 | no |
| SFMG WEALTH ADVISORS | NONE | 26 Investment advisory (participants); 51 Investment management fees paid directly by plan | $10,330 | no |
| CREATIVE PLANNING | NONE | 26 Investment advisory (participants); 51 Investment management fees paid directly by plan | $10,222 | no |
| DYNAMIC WEALTH | NONE | 26 Investment advisory (participants); 51 Investment management fees paid directly by plan | $7,106 | no |
| ABSOLUTE CAPITAL MGMT | NONE | 26 Investment advisory (participants); 51 Investment management fees paid directly by plan | $5,854 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250917213639NAL0000924912001, received 2025-09-17.
Full record
| Field | Value | Source |
|---|---|---|
| Plan sponsor | APPLE INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Plan name | APPLE 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Sponsor EIN / plan number | 94-2404110 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Sponsor location | CUPERTINO, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Industry (business code) | 334110, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Filing received | 2025-09-17 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Participants, beginning of year | 144,388 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Active participants | 101,217 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Participants, end of year | 145,428 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Participants with an account balance | 143,849 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Total assets, beginning of year | $19,779,511,539 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Total assets, end of year | $24,714,519,387 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Net assets, end of year | $24,708,171,361 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Total income | $5,948,483,643 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Net income | $4,929,840,381 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Employer contributions | $733,748,273 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Participant contributions | $1,464,448,926 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Other contributions (incl. rollovers) | $281,896,692 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Total contributions | $2,480,093,891 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Benefit payments | $1,010,530,906 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Total expenses (incl. benefit payments) | $1,018,643,262 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Total administrative expenses | $7,357,584 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Recordkeeping fees | $1,066,016 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Investment advisory and management fees | $6,241,456 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Administrative expenses excluding investment management | $1,116,128 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Held in common/collective trusts | $21,869,273,965 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Held in mutual funds | $17,597,225 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250917213639NAL0000924912001, received 2025-09-17 |
| Independent auditor | ERNST & YOUNG LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250917213639NAL0000924912001, received 2025-09-17 |
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $19,779,511,539 | $24,714,519,387 | 25.0% |
| Participants with a balance | 143,144 | 143,849 | 0.5% |
| Administrative expenses | $9,670,850 | $7,357,584 | -23.9% |
| Recordkeeping fees per participant | not reported | $7.41 | |
| Employer contributions | $679,521,343 | $733,748,273 | 8.0% |
Prior filing 20241011101049NAL0010800659001, received 2024-10-11; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: APPLE INC.; SEC registrant: Apple Inc. (CIK 320193, matched by EIN).