Plan Ledger DOL Form 5500 · updated monthly

Cloudflare, Inc.401(k)

CLOUDFLARE 401(K) PLAN · SAN FRANCISCO, 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

Cloudflare, Inc. reported $226,115 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.26% 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 617th-largest of 9,483 plans among California employers on file, and the 207th of 2,199 in information & media. active participation has grown from 1,880 to 2,380 since 2022.

Plan summary
Net assets, end of year$177,776,570
Participants with balances2,822
Active participants2,380
Employer contributions$0
Employee contributions$34,429,548
Employer contribution per active participant$0
Average account balance$62,997
Benefits paid to participants$14,027,089
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$177.8M · 2,822 accts
2023$120.3M · 2,402 accts · $152 emplr
2022$74.4M · 2,089 accts · $4K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$110,869
Investment management$65,250
Total administrative$226,115
The Cloudflare, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635
2023$0 per active participant
2022$2 per active participant

Cloudflare, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$110,869
NEWFRONT RETIREMENT SERVICES INC · Investment advisory (plan)$65,250
THE STANDARD INSURANCE COMPANY · Investment management$49,996

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$226,115 · 0.15%
2023$211,946 · 0.22%
2022$176,686 · 0.26%
Same employer
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Osisoft, LLC CA$244.6M
Ringcentral Inc CA$227.6M · 0.13%
COMPANY3 / Method Inc. CA$216.5M · 0.02%
Alteryx, Inc. CA$208.2M · 0.11%
Nantmedia Holdings, LLC CA$168.8M · 0.18%
Sage Publications, Inc. CA$149.8M · 0.14%
8X8, Inc. CA$149.8M · 0.14%
Edmunds.com, Inc. CA$143.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270805829 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.