Plan Ledger DOL Form 5500 · updated monthly

Egnyte, Inc.401(k)

EGNYTE, INC. 401(K) PLAN · MOUNTAIN VIEW, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Egnyte, Inc. reported $12,073 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. 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 0.12% to 0.04%. 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 2,160th-largest of 9,483 plans among California employers on file, and the 3,329th of 11,654 in professional & technical services. active participation has grown from 507 to 572 since 2022.

Plan summary
Net assets, end of year$39,549,242
Participants with balances617
Active participants572
Employer contributions$0
Employee contributions$7,114,341
Employer contribution per active participant$0
Average account balance$64,099
Benefits paid to participants$3,183,418
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.5M · 617 accts
2023$29.2M · 547 accts
2022$20.3M · 481 accts · $349 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,073
Total administrative$12,073
The Egnyte, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Egnyte, Inc.'s 2024 employer contribution ran below the $2,416 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$12,073

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$12,073 · 0.04%
2023$9,301 · 0.04%
2022$24,075 · 0.12%
Same employer
Similar plansProfessional & Technical Services · California
User Testing CA$40.0M · 0.09%
Blue River Technology LLC CA$39.6M · 0.18%
Logicmonitor, Inc. CA$39.5M · 0.44%
Stryder Corporation CA$39.4M · 0.24%
Sambanova Systems, Inc. CA$39.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800214252 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.