Plan Ledger DOL Form 5500 · updated monthly

Csco401(k)

CSCO & SUBSIDIARIES QUALIFIED RETIREMENT PLAN · CARY, NC · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Csco reported $63,696 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $5,708 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 0.03% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 415th-largest of 2,005 plans among North Carolina employers on file, and the 3,044th of 11,654 in professional & technical services. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 292 to 334 since 2022.

Plan summary
Net assets, end of year$44,146,776
Participants with balances568
Active participants334
Employer contributions$1,906,440
Employee contributions$3,961,842
Employer contribution per active participant$5,708
Average account balance$77,723
Benefits paid to participants$5,841,674
Plan auditUnmodified (clean) audit opinion
AuditorASHTON TREVETHAN AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$44.1M · 568 accts · $1.9M emplr
2023$38.1M · 580 accts · $1.8M emplr
2022$20.0M · 416 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,560
Investment management$57,136
Total administrative$63,696
The Csco 401(k) match · 2024
Employer contribution per active participant$5,708
Median for plans this size$2,416
2024$5,708 per active participant
2023$5,813 per active participant
2022$6,693 per active participant

Csco's 2024 employer contribution ran above the $2,416 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
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$40,424
MORGAN STANLEY GLOBAL BANKING OPERA · Recordkeeping · Trustee$16,711
ADP, INC. · Loan processing · Recordkeeping$6,559
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP

This plan has changed recordkeepers within these filings. If you left Csco before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$63,696 · 0.15%
2023$8,790 · 0.03%
2022$6,710 · 0.03%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Apex Analytix LLC NC$44.8M · 0.20%
Corvid Holdings, Inc. NC$44.1M · 0.04%
The Select Group, LLC NC$43.3M · 0.41%
Brightly Software, Inc NC$43.1M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833627607 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.