Plan Ledger DOL Form 5500 · updated monthly

Commvault Systems, Inc.401(k)

COMMVAULT SYSTEMS, INC. 401K PLAN · TINTON FALLS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Commvault Systems, Inc. reported $28,340 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,163 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 0.03% to 0.01%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other information & media employers. By assets it is the 180th-largest of 2,419 plans among New Jersey employers on file, and the 141st of 2,199 in information & media. In 2024, employees put in $7.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$290,050,484
Participants with balances1,719
Active participants1,241
Employer contributions$2,684,470
Employee contributions$19,393,700
Employer contribution per active participant$2,163
Average account balance$168,732
Benefits paid to participants$23,438,287
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$290.1M · 1,719 accts · $2.7M emplr
2023$242.9M · 1,666 accts · $2.9M emplr
2022$199.5M · 1,630 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,340
Total administrative$28,340
The Commvault Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,163
Median for plans this size$4,294
2024$2,163 per active participant
2023$2,383 per active participant
2022$2,273 per active participant

Commvault Systems, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,340

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$28,340 · 0.01%
2023$28,900 · 0.01%
2022$72,683 · 0.03%
Same employer
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Avaya Inc. NJ$1.4B · 0.04%
John Wiley & Sons, Inc. NJ$670.3M · 0.02%
Radiate Holdco, LLC NJ$317.0M · 0.30%
Vonage Holdings Corp NJ$289.3M · 0.07%
Ses Americom Inc. NJ$250.4M · 0.04%
A. M. Best Company NJ$187.2M · 0.02%
Idt Corporation NJ$182.3M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223447504 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.