Civic Intelligence

Descript Inc.

Plan context: Descript Inc. 401(K) Plan

EIN 82-2638807 • San Francisco, CA • 9 filings • 2 plans

385 Grove StreetSan Francisco, CA 94102
Current Snapshot

Latest Year

2025

2025 Participants

146

2025 Assets

$10,711,828

2025 Contributions

$3,735,893

Historical Graphs

Total Assets Over Time

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

$10,711,828$5,355,914$0201720212024YearValue
$10,711,828Latest year 2024

Participants Over Time

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

147740201720212025YearValue
146Latest year 2025

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
20251146$0$0-
DESCRIPT, INC. HEALTH AND WELFARE BENEFIT PLAN-146---
20241147$10,711,828$3,735,893$25,414iApproximate average salary by contribution assumption: employee only about $635,356 at 4% or $423,571 at 6%; with 50% employer match about $423,571 at 4% or $282,380 at 6%; with 100% employer match about $317,678 at 4% or $211,785 at 6%.
Descript Inc. 401(K) Plan-147$10,711,828$3,735,893$25,414iApproximate average salary by contribution assumption: employee only about $635,356 at 4% or $423,571 at 6%; with 50% employer match about $423,571 at 4% or $282,380 at 6%; with 100% employer match about $317,678 at 4% or $211,785 at 6%.
20231141$6,890,740$2,775,789$19,686iApproximate average salary by contribution assumption: employee only about $492,161 at 4% or $328,107 at 6%; with 50% employer match about $328,107 at 4% or $218,738 at 6%; with 100% employer match about $246,081 at 4% or $164,054 at 6%.
Descript Inc. 401(K) Plan-141$6,890,740$2,775,789$19,686iApproximate average salary by contribution assumption: employee only about $492,161 at 4% or $328,107 at 6%; with 50% employer match about $328,107 at 4% or $218,738 at 6%; with 100% employer match about $246,081 at 4% or $164,054 at 6%.
2022196$3,380,555$1,760,273$18,336iApproximate average salary by contribution assumption: employee only about $458,404 at 4% or $305,603 at 6%; with 50% employer match about $305,603 at 4% or $203,735 at 6%; with 100% employer match about $229,202 at 4% or $152,801 at 6%.
Descript Inc. 401(K) Plan-96$3,380,555$1,760,273$18,336iApproximate average salary by contribution assumption: employee only about $458,404 at 4% or $305,603 at 6%; with 50% employer match about $305,603 at 4% or $203,735 at 6%; with 100% employer match about $229,202 at 4% or $152,801 at 6%.
2021160$2,152,595$1,430,207$23,837iApproximate average salary by contribution assumption: employee only about $595,920 at 4% or $397,280 at 6%; with 50% employer match about $397,280 at 4% or $264,853 at 6%; with 100% employer match about $297,960 at 4% or $198,640 at 6%.
Descript Inc. 401(K) Plan-60$2,152,595$1,430,207$23,837iApproximate average salary by contribution assumption: employee only about $595,920 at 4% or $397,280 at 6%; with 50% employer match about $397,280 at 4% or $264,853 at 6%; with 100% employer match about $297,960 at 4% or $198,640 at 6%.
2020123$564,880$182,026$7,914iApproximate average salary by contribution assumption: employee only about $197,854 at 4% or $131,903 at 6%; with 50% employer match about $131,903 at 4% or $87,935 at 6%; with 100% employer match about $98,927 at 4% or $65,951 at 6%.
Descript Inc. 401(K) Plan-23$564,880$182,026$7,914iApproximate average salary by contribution assumption: employee only about $197,854 at 4% or $131,903 at 6%; with 50% employer match about $131,903 at 4% or $87,935 at 6%; with 100% employer match about $98,927 at 4% or $65,951 at 6%.
2019114$350,772$117,047$8,361iApproximate average salary by contribution assumption: employee only about $209,013 at 4% or $139,342 at 6%; with 50% employer match about $139,342 at 4% or $92,894 at 6%; with 100% employer match about $104,506 at 4% or $69,671 at 6%.
Descript Inc. 401(K) Plan-14$350,772$117,047$8,361iApproximate average salary by contribution assumption: employee only about $209,013 at 4% or $139,342 at 6%; with 50% employer match about $139,342 at 4% or $92,894 at 6%; with 100% employer match about $104,506 at 4% or $69,671 at 6%.
2018110$192,288$196,333$19,633iApproximate average salary by contribution assumption: employee only about $490,833 at 4% or $327,222 at 6%; with 50% employer match about $327,222 at 4% or $218,148 at 6%; with 100% employer match about $245,416 at 4% or $163,611 at 6%.
Descript Inc. 401(K) Plan-10$192,288$196,333$19,633iApproximate average salary by contribution assumption: employee only about $490,833 at 4% or $327,222 at 6%; with 50% employer match about $327,222 at 4% or $218,148 at 6%; with 100% employer match about $245,416 at 4% or $163,611 at 6%.
201716$7,990$7,944$1,324iApproximate average salary by contribution assumption: employee only about $33,100 at 4% or $22,067 at 6%; with 50% employer match about $22,067 at 4% or $14,711 at 6%; with 100% employer match about $16,550 at 4% or $11,033 at 6%.
Descript Inc. 401(K) Plan-6$7,990$7,944$1,324iApproximate average salary by contribution assumption: employee only about $33,100 at 4% or $22,067 at 6%; with 50% employer match about $22,067 at 4% or $14,711 at 6%; with 100% employer match about $16,550 at 4% or $11,033 at 6%.