Plan Ledger DOL Form 5500 · updated monthly

Barracuda Networks, Incorporated401(k)

BARRACUDA NETWORKS 401(K) PLAN · CAMPBELL, CA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Barracuda Networks, Incorporated reported $189,751 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $3,392 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 0.18% to 0.15%. 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 790th-largest of 9,483 plans among California employers on file, and the 256th of 2,199 in information & media. In 2024, employees put in $3.63 for every $1.00 the employer contributed; active participation has shrunk from 1,015 to 888 since 2022.

Plan summary
Net assets, end of year$134,361,996
Participants with balances1,522
Active participants888
Employer contributions$3,012,427
Employee contributions$10,932,655
Employer contribution per active participant$3,392
Average account balance$88,280
Benefits paid to participants$12,470,637
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$134.4M · 1,522 accts · $3.0M emplr
2023$111.5M · 1,530 accts · $2.9M emplr
2022$85.6M · 1,562 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$153,627
Investment management$36,124
Total administrative$189,751
The Barracuda Networks, Incorporated 401(k) match · 2024
Employer contribution per active participant$3,392
Median for plans this size$3,635
2024$3,392 per active participant
2023$2,950 per active participant
2022$2,113 per active participant

Barracuda Networks, Incorporated's 2024 employer contribution ran below 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$167,016
SILICON VALLEY RETIREMENT SERV LLC · Investment management$16,400
CHARLES SCHWAB & CO INC · Securities brokerage$288

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$189,751 · 0.15%
2023$161,308 · 0.16%
2022$169,158 · 0.18%
Same employer
Similar plansInformation & Media · California
Sage Publications, Inc. CA$149.8M · 0.14%
8X8, Inc. CA$149.8M · 0.14%
Edmunds.com, Inc. CA$143.7M · 0.05%
Deluxe Media Inc. CA$134.5M · 0.12%
Model N, Inc CA$128.3M · 0.06%
Salem Media Group, Inc. CA$127.9M · 0.16%
Surveymonkey Inc. CA$126.3M · 0.03%
Green Hills Software LLC CA$125.0M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 830380411 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.