Plan Ledger DOL Form 5500 · updated monthly

Extreme Networks, Inc.401(k)

EXTREME NETWORKS 401(K) PLAN · MORRISVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Extreme Networks, Inc. reported $109,084 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $3,634 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 0.05% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 97th-largest of 2,005 plans among North Carolina employers on file, and the 928th of 13,661 in manufacturing. In 2024, employees put in $4.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$272,244,594
Participants with balances1,587
Active participants1,211
Employer contributions$4,400,328
Employee contributions$18,527,261
Employer contribution per active participant$3,634
Average account balance$171,547
Benefits paid to participants$31,355,319
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$272.2M · 1,587 accts · $4.4M emplr
2023$242.2M · 1,675 accts · $4.3M emplr
2022$195.3M · 1,643 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,003
Investment management$53,581
Total administrative$109,084
The Extreme Networks, Inc. 401(k) match · 2024
Employer contribution per active participant$3,634
Median for plans this size$4,294
2024$3,634 per active participant
2023$3,356 per active participant
2022$2,974 per active participant

Extreme Networks, Inc.'s 2024 employer contribution ran below the $4,294 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.

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 · 20242
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$109,009
CHARLES SCHWAB & CO., INC. · Securities brokerage$294

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$109,084 · 0.04%
2023$88,554 · 0.04%
2022$112,004 · 0.05%
Same employer
Similar plansManufacturing · North Carolina
Kontoor Brands, Inc. NC$290.7M · 0.10%
Morganite Industries Inc. NC$289.8M · 0.18%
Spx Flow, Inc. NC$273.0M · 0.03%
Alpek Polyester USA, LLC NC$256.2M · 0.14%
Trane U.S. Inc. NC$248.4M
Elevate Textiles, Inc. NC$231.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770430270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.