How big is The David and Lucile Packard Foundation's plan?

The David and Lucile Packard Foundation's plan reported $39.0M in assets and 98 participants for 2024.

Original filing (PDF)20251006105742NAL0009095826001

The David and Lucile Packard Foundation

Name: The David and Lucile Packard Foundation — Form 5500 Plan 003 (2024)
Creator: The David and Lucile Packard Foundation
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

The David and Lucile Packard Foundation Employee Contribution Retirement Plan

403(b) retirement plan · The David and Lucile Packard Foundation's The David and Lucile Packard Foundation Employee Contribution Retirement Plan held $39.0M in plan assets for 98 participants in 2024, with Fidelity as recordkeeper.

Signals · 1

High average account balance

Active participants

Accounts w/ balance

174

Plan assets (EOY)

$39.0M

Net assets (EOY)

$39.0M

People on this filing

Craig Neyman signed The David and Lucile Packard Foundation's 2024 Form 5500 as plan administrator.

Craig Neyman — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

The David and Lucile Packard Foundation's EIN is 94-2278431.

EIN 94-2278431

Plan number 003

Plan year 2024

ACK ID 20251006105742NAL0009095826001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for The David and Lucile Packard Foundation from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

The David and Lucile Packard Foundation's plan includes ERISA 404(c) participant direction, 403(b) custodial accounts, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for THE DAVID AND LUCILE PACKARD FOUNDATION.

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How this plan invests

This plan

20 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

100

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Bottom-decile employer contributions per participant (3rd percentile).

Helping the score

Below-peer total plan cost (96th percentile).
High average account balance (97th percentile).
High account-holder ratio — balance-holders per active participant in the top 15% of peers (91st percentile).

Plan sponsor

Name

THE DAVID AND LUCILE PACKARD FOUNDATION

EIN

all filings

Address

343 SECOND STREET · LOS ALTOS, CA · 94022

Phone

(650) 948-7658

Industry

Other Services (ex. Public Admin)

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

003

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-06

Pension benefit codes

2G · Total participant-directed accounts

2F · ERISA section 404(c)

2M · 403(b)(7) custodial accounts

2T · Default investment account (QDIA)

Audit & trust (Schedule H)

Auditor

HOOD & STRONG, LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

1 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	-$1K	—

Investments

20 direct securities· $38.3M(98% of reported assets)

Mutual Funds

$26.1M

13 holdings

Other securities

$7.0M

3 holdings

Common Collective Trusts

$5.2M

4 holdings

					% of plan
Fidelity Growth Company Fund K6 Mutual Fund ^	Mutual Funds	—	—	$5.8M	14.9%
Administrative expenses, net Mutual Fund ^	Other securities	—	—	$5.3M	13.5%
Fidelity 500 Index Fund Mutual Fund ^	Common Collective Trusts	—	—	$4.0M	10.3%
Vanguard Target Retirement 2040 Mutual Fund ^	Mutual Funds	—	—	$3.4M	8.7%
Vanguard Target Retirement 2045 Mutual Fund ^	Mutual Funds	—	—	$3.2M	8.2%
Vanguard Target Retirement 2020 Mutual Fund ^	Mutual Funds	—	—	$2.2M	5.7%
Vanguard Target Retirement 2035 Mutual Fund ^	Mutual Funds	—	—	$2.1M	5.5%
Vanguard Treasury Only Money Market Mutual Fund / Money Market Fund ^	Mutual Funds	—	—	$2.0M	5.1%
Vanguard Target Retirement 2025 Mutual Fund ^	Mutual Funds	—	—	$2.0M	5.0%
Vanguard Target Retirement 2050 Mutual Fund ^	Mutual Funds	—	—	$1.8M	4.6%
Vanguard Target Retirement 2030 Mutual Fund ^	Mutual Funds	—	—	$1.4M	3.7%
BlackRock Advantage Small Cap Core K Mutual Fund ^	Other securities	—	—	$883K	2.3%
American Funds International Growth and Income Fund R6 Mutual Fund ^	Mutual Funds	—	—	$863K	2.2%
Baird Core Plus Inst Mutual Fund ^	Other securities	—	—	$834K	2.1%
Vanguard Target Retirement 2055 Mutual Fund ^	Mutual Funds	—	—	$676K	1.7%
Fidelity Extended Market Index Fund Mutual Fund ^	Common Collective Trusts	—	—	$589K	1.5%
Fidelity Equity Income K Mutual Fund ^	Mutual Funds	—	—	$563K	1.4%
Fidelity Global ex US Index Fund Mutual Fund ^	Common Collective Trusts	—	—	$550K	1.4%
Vanguard Target Retirement Income Fund Mutual Fund ^	Mutual Funds	—	—	$59K	0.2%
Fidelity US Bond Index Fund Mutual Fund ^	Common Collective Trusts	—	—	$31K	<0.1%