Civic Intelligence

Andela Inc.

Plan context: Andela 401(K) Plan

EIN 37-1760438 • New York, NY • 16 filings • 3 plans

129 West 29th Street4th FloorNew York, NY 10001
Current Snapshot

Latest Year

2024

2024 Participants

88

2024 Assets

$8,675,550

2024 Contributions

$1,548,667

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$8,675,550$4,337,775$0201620202024YearValue
$8,675,550Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

196980201620202024YearValue
88Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024288$8,675,550$1,548,667$17,598iApproximate average salary by contribution assumption: employee only about $439,962 at 4% or $293,308 at 6%; with 50% employer match about $293,308 at 4% or $195,539 at 6%; with 100% employer match about $219,981 at 4% or $146,654 at 6%.
Andela 401(K) Plan-87$8,675,550$1,548,667$17,801iApproximate average salary by contribution assumption: employee only about $445,019 at 4% or $296,680 at 6%; with 50% employer match about $296,680 at 4% or $197,786 at 6%; with 100% employer match about $222,510 at 4% or $148,340 at 6%.
Andela Inc Welfare Benefits Plan-88---
20232101$7,276,215$1,499,229$14,844iApproximate average salary by contribution assumption: employee only about $371,096 at 4% or $247,398 at 6%; with 50% employer match about $247,398 at 4% or $164,932 at 6%; with 100% employer match about $185,548 at 4% or $123,699 at 6%.
Andela 401(K) Plan-99$7,276,215$1,499,229$15,144iApproximate average salary by contribution assumption: employee only about $378,593 at 4% or $252,395 at 6%; with 50% employer match about $252,395 at 4% or $168,264 at 6%; with 100% employer match about $189,297 at 4% or $126,198 at 6%.
Andela Inc Welfare Benefits Plan-101---
20222193$5,594,943$1,961,134$10,161iApproximate average salary by contribution assumption: employee only about $254,033 at 4% or $169,355 at 6%; with 50% employer match about $169,355 at 4% or $112,904 at 6%; with 100% employer match about $127,016 at 4% or $84,678 at 6%.
Andela 401(K) Plan-156$5,594,943$1,961,134$12,571iApproximate average salary by contribution assumption: employee only about $314,284 at 4% or $209,523 at 6%; with 50% employer match about $209,523 at 4% or $139,682 at 6%; with 100% employer match about $157,142 at 4% or $104,761 at 6%.
Andela Inc Welfare Benefits Plan-193---
20212120$5,647,223$1,827,812$15,232iApproximate average salary by contribution assumption: employee only about $380,794 at 4% or $253,863 at 6%; with 50% employer match about $253,863 at 4% or $169,242 at 6%; with 100% employer match about $190,397 at 4% or $126,931 at 6%.
Andela 401(K) Plan-116$5,647,223$1,827,812$15,757iApproximate average salary by contribution assumption: employee only about $393,925 at 4% or $262,617 at 6%; with 50% employer match about $262,617 at 4% or $175,078 at 6%; with 100% employer match about $196,963 at 4% or $131,308 at 6%.
Andela Inc Welfare Benefits Plan-120---
20202196$3,987,375$1,114,373$5,686iApproximate average salary by contribution assumption: employee only about $142,139 at 4% or $94,760 at 6%; with 50% employer match about $94,760 at 4% or $63,173 at 6%; with 100% employer match about $71,070 at 4% or $47,380 at 6%.
Andela 401(K) Plan-85$3,987,375$1,114,373$13,110iApproximate average salary by contribution assumption: employee only about $327,757 at 4% or $218,505 at 6%; with 50% employer match about $218,505 at 4% or $145,670 at 6%; with 100% employer match about $163,878 at 4% or $109,252 at 6%.
Andela Inc Welfare Benefits Plan-196---
20192196$3,160,505$1,580,251$8,063iApproximate average salary by contribution assumption: employee only about $201,563 at 4% or $134,375 at 6%; with 50% employer match about $134,375 at 4% or $89,583 at 6%; with 100% employer match about $100,781 at 4% or $67,188 at 6%.
Andela 401(K) Plan-100$3,160,505$1,580,251$15,803iApproximate average salary by contribution assumption: employee only about $395,063 at 4% or $263,375 at 6%; with 50% employer match about $263,375 at 4% or $175,583 at 6%; with 100% employer match about $197,531 at 4% or $131,688 at 6%.
Andela Inc Welfare Benefits Plan-196---
20182133$1,315,820$866,420$6,514iApproximate average salary by contribution assumption: employee only about $162,861 at 4% or $108,574 at 6%; with 50% employer match about $108,574 at 4% or $72,383 at 6%; with 100% employer match about $81,430 at 4% or $54,287 at 6%.
Andela 401(K) Plan-133$1,315,820$866,420$6,514iApproximate average salary by contribution assumption: employee only about $162,861 at 4% or $108,574 at 6%; with 50% employer match about $108,574 at 4% or $72,383 at 6%; with 100% employer match about $81,430 at 4% or $54,287 at 6%.
Andela Inc Welfare Benefits Plan-105---
2017178$644,510$420,605$5,392iApproximate average salary by contribution assumption: employee only about $134,809 at 4% or $89,873 at 6%; with 50% employer match about $89,873 at 4% or $59,915 at 6%; with 100% employer match about $67,405 at 4% or $44,936 at 6%.
Andela 401(K) Plan-78$644,510$420,605$5,392iApproximate average salary by contribution assumption: employee only about $134,809 at 4% or $89,873 at 6%; with 50% employer match about $89,873 at 4% or $59,915 at 6%; with 100% employer match about $67,405 at 4% or $44,936 at 6%.
2016138$153,153$151,162$3,978iApproximate average salary by contribution assumption: employee only about $99,449 at 4% or $66,299 at 6%; with 50% employer match about $66,299 at 4% or $44,199 at 6%; with 100% employer match about $49,724 at 4% or $33,150 at 6%.
Andela 401(K) Plan-38$153,153$151,162$3,978iApproximate average salary by contribution assumption: employee only about $99,449 at 4% or $66,299 at 6%; with 50% employer match about $66,299 at 4% or $44,199 at 6%; with 100% employer match about $49,724 at 4% or $33,150 at 6%.