Plan Ledger DOL Form 5500 · updated monthly

Cyberark Software, Inc.401(k)

CYBERARK SOFTWARE, INC. 401K PLAN · NEWTON, MA · plan year 2024

Employer contribution per participant · 2024
$6,637

Cyberark Software, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $186,053,351 across 1,349 participant accounts, with employer contributions averaging $6,637 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.05% to 0.03%. 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 275th-largest of 2,726 plans among Massachusetts employers on file, and the 198th of 2,199 in information & media. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has grown from 920 to 1,082 since 2022.

Plan summary
Net assets, end of year$186,053,351
Participants with balances1,349
Active participants1,082
Employer contributions$7,181,557
Employee contributions$17,271,125
Employer contribution per active participant$6,637
Average account balance$137,919
Benefits paid to participants$8,821,888
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$186.1M · 1,349 accts · $7.2M emplr
2023$139.0M · 1,256 accts · $6.6M emplr
2022$95.5M · 1,169 accts · $5.6M emplr
Administrative expenses, itemized · 2024
Investment management$223,153
Total administrative-$47,320
The Cyberark Software, Inc. 401(k) match · 2024
Employer contribution per active participant$6,637
Median for plans this size$3,635
2024$6,637 per active participant
2023$6,587 per active participant
2022$6,116 per active participant

Cyberark Software, Inc.'s 2024 employer contribution ran above 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.

Service providers · 20242
GLOBAL RETIREMENT PARTNERS LLC · Securities brokerage$128,287
STRATEGIC ADVISORS, INC.$94,865

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

Administrative cost history3
2024Not separately reported
2023$34,500 · 0.03%
2022$51,114 · 0.05%
Same employer
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Cargurus, Inc. MA$138.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522215591 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.