Plan Ledger DOL Form 5500 · updated monthly

Bandwidth Inc.401(k)

BANDWIDTH INC. 401(K) PROFIT SHARING AND TRUST · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.13%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Bandwidth Inc. reported $130,596 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $4,466 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.17% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 190th-largest of 2,005 plans among North Carolina employers on file, and the 298th of 2,199 in information & media. In 2024, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$107,900,677
Participants with balances1,088
Active participants871
Employer contributions$3,890,219
Employee contributions$9,227,291
Employer contribution per active participant$4,466
Average account balance$99,173
Benefits paid to participants$9,102,191
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$107.9M · 1,088 accts · $3.9M emplr
2023$89.4M · 1,092 accts · $4.0M emplr
2022$64.9M · 1,080 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Investment management$116,596
Audit (IQPA)$14,000
Total administrative$130,596
The Bandwidth Inc. 401(k) match · 2024
Employer contribution per active participant$4,466
Median for plans this size$3,635
2024$4,466 per active participant
2023$4,445 per active participant
2022$4,268 per active participant

Bandwidth Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$116,596
EISNERAMPER LLP · Accounting / audit$14,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$130,596 · 0.13%
2023$107,197 · 0.14%
2022$113,377 · 0.17%
Same employer
Similar plansInformation & Media · North Carolina
Epic Games Inc NC$711.3M · 0.01%
Connect Holding II, LLC NC$351.5M · 0.14%
Jaggaer, LLC NC$84.5M · 0.15%
Oup USA NC$75.9M · 0.10%
Insightsoftware, LLC NC$67.1M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562242657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.