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Original filing (PDF)20251009103651NAL0015806514001
WEWORK MANAGEMENT LLC
Form 5500
FILING_RECEIVED
WEWORK 401(K) PLAN
401(k) retirement plan
Signals · 1
1 failed disclosure
Active participants
1,320
Accounts w/ balance
3,050
Plan assets (EOY)
$161.8M
Net assets (EOY)
$161.8M
How this plan invests
This plan
3 pooled trusts
Schedule D
50 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
96
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
85
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
100
Knocking points off
- 1 Schedule C provider failed to disclose compensation.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for WEWORK MANAGEMENT LLC.
Plan sponsor
Name
WEWORK MANAGEMENT LLC
EIN
27-3869551
Address
71 5TH AVE · 2ND FLOOR · NEW YORK, NY · 10003
Phone
(646) 604-9485
Industry
Real Estatesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-09
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2T · Default investment account (QDIA)
3B · Covers self-employed individuals
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
BAKER TILLY US, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $119K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MOSS ADAMS LLP | 91-0189318 | — | ACCOUNTANT/AUDITOR | $31K | — |
Failed / refused disclosures (Sched C Part 2)
| Provider | Nondisclosure info |
|---|---|
| — | — |
Investments
46 direct securities · 3 pooled funds· $856.5M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$852.8M
45 holdings
Common Collective Trusts
$1.9M
1 holding
Common Collective Trust
$1.9M
3 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| End of period | — | — | — | $161.8M | 100.0% | |
| 2024 Level 1 Level 2 Level 3 Total Mutual funds 158,438,765 - | — | — | — | $158.4M | 97.9% | |
| Investments measured at NAV practical expedient - Investments, at fair value | — | — | — | $151.9M | 93.9% | |
| 2023 Level 1 Level 2 Level 3 Total Mutual funds $ 150,714,753 - | — | — | — | $150.7M | 93.2% | |
| Vanguard Target Retirement 2055 Fund Mutual Fund | — | — | — | $42.6M | 26.3% | |
| Vanguard Target Retirement 2050 Fund Mutual Fund | — | — | — | $31.2M | 19.3% | |
| Withdrawals and distributions | — | — | — | $23.8M | 14.7% | |
| Vanguard Target Retirement 2060 Fund Mutual Fund | — | — | — | $19.8M | 12.2% | |
| Fidelity 500 Index Fund Mutual Fund | — | — | — | $19.7M | 12.2% | |
| Net realized and unrealized appreciation in fair value of investments | — | — | — | $19.4M | 12.0% | |
| Vanguard Target Retirement 2045 Fund Mutual Fund | — | — | — | $14.5M | 8.9% | |
| Participants' | — | — | — | $9.8M | 6.0% | |
| Change in net assets | — | — | — | $9.4M | 5.8% | |
| Vanguard Target Retirement 2040 Fund Mutual Fund | — | — | — | $5.4M | 3.3% | |
| Fidelity Total Market Index Fund Mutual Fund | — | — | — | $5.4M | 3.3% | |
| Dividends and interest | — | — | — | $3.5M | 2.2% | |
| Fidelity Mid Cap Index Fund Mutual Fund | — | — | — | $3.3M | 2.0% | |
| Vanguard Target Retirement 2035 Fund Mutual Fund | — | — | — | $3.3M | 2.0% | |
| Fidelity US Sustainability Index Fund Mutual Fund | — | — | — | $3.1M | 1.9% | |
| Fidelity Small Cap Index Fund Mutual Fund | — | — | — | $2.5M | 1.6% | |
| BNY Mellon International Stock Fund I Mutual Fund | — | — | — | $2.0M | 1.2% | |
| Vanguard Target Retirement 2065 Fund Mutual Fund | — | — | — | $1.9M | 1.2% | |
| Investments measured at NAV practical expedient | — | — | — | $1.9M | 1.1% | |
| Common/collective trust | Common Collective Trusts | — | — | $1.9M | 1.1% | |
| Vanguard Target Retirement 2030 Fund Mutual Fund | — | — | — | $1.6M | 1.0% | |
| PGIM TOT RET BOND LP GREAT GRAY TRUST COMPANY · EIN 38-4097323 / PN 471 | Common Collective Trust | — | — | $1.5M | 0.9% | |
| Money market fund 1,192,415 - | — | — | — | $1.2M | 0.7% | |
| Vanguard Target Retirement 2025 Fund Mutual Fund | — | — | — | $973K | 0.6% | |
| Money market fund 901,477 - | — | — | — | $901K | 0.6% | |
| Rollovers | — | — | — | $746K | 0.5% | |
| Participant loans with maturities through September 2033 - | — | — | — | $581K | 0.4% | |
| Vanguard Target Retirement Income Fund Mutual Fund | — | — | — | $555K | 0.3% | |
| Vanguard Target Retirement 2020 Fund Mutual Fund | — | — | — | $331K | 0.2% | |
| PIONEER LG CAP GR TR GREAT GRAY TRUST COMPANY · EIN 81-4278868 / PN 290 | Common Collective Trust | — | — | $327K | 0.2% | |
| Administrative expenses | — | — | — | $234K | 0.1% | |
| Vanguard Short Bond Index Admiral Fund Mutual Fund | — | — | — | $180K | 0.1% | |
| JPMorgan U.S. Value Fund Class R6 Mutual Fund | — | — | — | $116K | <0.1% | |
| lesser of $50,000 or 50% of their vested account balance. The notes receivable are secured by the participant’s | — | — | — | $50K | <0.1% | |
| John Hancock Funds Disciplined Value Mid Cap Fund Class R6 Mutual Fund | — | — | — | $48K | <0.1% | |
| AB SMALL CAP GRTH P1 WILMINGTON TRUST, N.A · EIN 38-4116832 / PN 531 | Common Collective Trust | — | — | $48K | <0.1% | |
| Interest - loans | — | — | — | $40K | <0.1% | |
| MFS Mid Cap Growth Fund Class R3 Mutual Fund | — | — | — | $31K | <0.1% | |
| Invesco Developing Markets Fund Class Y Mutual Fund | — | — | — | $22K | <0.1% | |
| Virtus KAR Small-Cap Growth Fund Mutual Fund | — | — | — | $16K | <0.1% | |
| Vanguard Target Retirement 2070 Fund Mutual Fund | — | — | — | $8K | <0.1% | |
| vested interest in their account. The Plan allows for the automatic distribution of participant-vested account balances that do not exceed $5,000. | — | — | — | $5K | <0.1% | |
| As disclosed in the accompanying supplemental schedule, certain employee deferrals of approximately | — | — | — | $4K | <0.1% | |
| and approximately $1,200 made by participants in 2022 and 2024, respectively, was not remitted to the Plan | — | — | — | $1K | <0.1% | |
| WeWork 401(k) Plan Notes to Financial Statements Notes receivable from participants – The Plan allows participants to borrow not less than $1,000 and up to the | — | — | — | $1K | <0.1% |
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