Plan Ledger DOL Form 5500 · updated monthly

Cloud Software Group, Inc.401(k)

CITRIX SYSTEMS, INC. 401(K) PLAN · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Cloud Software Group, Inc. reported $432,361 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $9,828 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 rose from 0.01% to 0.03%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 27th-largest of 3,644 plans among Florida employers on file, and the 106th of 11,654 in professional & technical services. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has shrunk from 2,821 to 2,051 since 2022.

Plan summary
Net assets, end of year$1,604,822,983
Participants with balances7,298
Active participants2,051
Employer contributions$20,156,606
Employee contributions$30,277,311
Employer contribution per active participant$9,828
Average account balance$219,899
Benefits paid to participants$151,692,732
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.6B · 7,298 accts · $20.2M emplr
2023$959.9M · 5,433 accts · $23.7M emplr
2022$827.5M · 6,188 accts · $13.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$223,398
Investment management$120,175
Audit (IQPA)$15,840
Total administrative$432,361
The Cloud Software Group, Inc. 401(k) match · 2024
Employer contribution per active participant$9,828
Median for plans this size$5,259
2024$9,828 per active participant
2023$12,149 per active participant
2022$4,846 per active participant

Cloud Software Group, Inc.'s 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$220,698
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$120,175
MORGAN STANLEY SMITH BARNEY · Consulting$72,948
PENSION ASSURANCE LLP · Accounting / audit$15,840

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$432,361 · 0.03%
2023$168,139 · 0.02%
2022$96,444 · 0.01%
All plans at this employer2
CITRIX SYSTEMS, INC. 401(K) PLAN401(k)
TIBCO SOFTWARE INC. 401(K) SAVINGS PLAN401(k)
Same employer
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Trinet HR IV, LLC FL$3.0B · 0.08%
Holland & Knight LLP FL$2.0B · 0.04%
Ukg Inc. FL$2.0B · 0.06%
Greenberg Traurig, PA FL$1.6B · 0.02%
The S2 HR Group, LLC FL$1.0B · 0.45%
Adecco, Inc. FL$874.4M · 0.14%
Black Knight Infoserv, LLC FL$585.5M · 0.05%
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Source: U.S. Department of Labor, Form 5500 series, EIN 770449727 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.