Company: WLTH
Filing Date: 2025-12-11
Form Type: S-1/A
Source: 0001628280-25-056439
Chunk: 432

Company: WEALTHFRONT CORP
Filing Date: 2025-12-11
Form: S-1/A
Chunk 432
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     | $    | 3,450 |

#### 13.

#### Employee Benefit Plan
The Company sponsors a 401(k) defined contribution plan for its employees. This plan provides for tax-deferred salary deductions for all employees. Employee contributions are voluntary. Employees may contribute up to 90% of their annual compensation to this plan, as limited by an annual maximum amount as determined by the Internal Revenue Service. The Company may match employee contributions in amounts to be determined at the Company’s sole discretion. The Company made no contributions to the plan for the three and six months ended July 31, 2024 and 2025.

#### 14.

#### Income Taxes
|                                           |     | 2024 | Three Months Ended July 31, |   |     | 2025 |        |   |     | 2024 | Six Months Ended July 31, |   |     | 2025 |        |   |
|:------------------------------------------|:----|:-----|----------------------------:|:--|:----|:-----|-------:|:--|:----|:-----|--------------------------:|:--|:----|:-----|-------:|:--|
| Income before income taxes                |     | $    |                      33,523 |   |     | $    | 39,871 |   |     | $    |                    78,246 |   |     | $    | 73,982 |   |
| Provision for (benefit from) income taxes |     |      |                        -655 |   |     |      |  5,130 |   |     |      |                   -54,063 |   |     |      | 13,294 |   |
| Effective tax rate                        |     |      |                        -2.0 | % |     |      |   12.9 | % |     |      |                     -69.1 | % |     |      |   18.0 | % |

Each quarter, the Company’s tax provision for interim periods is determined by using an estimated annual effective tax rate, adjusted for discrete items arising in that quarter. The Company updates the estimated annual effective tax rate and makes a year-to-date adjustment to the provision.

The Company’s effective tax rate was (2.0)% and (69.1)% for the three and six months ended July 31, 2024. The primary difference between the effective tax rate and the federal statutory tax rate for