Plan Ledger DOL Form 5500 · updated monthly

F5, Inc.401(k)

F5, INC. 401(K) PROFIT SHARING PLAN AND TRUST · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

F5, Inc. reported $397,230 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,489 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 professional & technical services employers. By assets it is the 28th-largest of 1,714 plans among Washington employers on file, and the 177th of 11,654 in professional & technical services. In 2024, employees put in $5.73 for every $1.00 the employer contributed; active participation has shrunk from 3,539 to 2,992 since 2022.

Plan summary
Net assets, end of year$1,065,433,898
Participants with balances4,135
Active participants2,992
Employer contributions$10,438,660
Employee contributions$59,820,758
Employer contribution per active participant$3,489
Average account balance$257,662
Benefits paid to participants$86,809,120
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1B · 4,135 accts · $10.4M emplr
2023$907.2M · 4,237 accts · $12.6M emplr
2022$745.3M · 4,354 accts · $13.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,930
Investment management$263,932
Audit (IQPA)$30,060
Total administrative$397,230
The F5, Inc. 401(k) match · 2024
Employer contribution per active participant$3,489
Median for plans this size$4,294
2024$3,489 per active participant
2023$3,883 per active participant
2022$3,723 per active participant

F5, 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 · 20244
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$193,932
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$101,930
RBC WEALTH MANAGEMEN · Investment advisory (plan)$70,000
CLARK NUBER · Accounting / audit$30,060

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$397,230 · 0.04%
2023$396,859 · 0.05%
2022$417,495 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Washington
Milliman WA$2.1B · 0.02%
Slalom, Inc. WA$1.6B · 0.06%
Perkins Coie LLP WA$1.3B · 0.02%
Davis Wright Tremaine LLP WA$747.7M · 0.05%
Moss Adams LLP WA$633.4M · 0.12%
Seagen Inc. WA$560.0M · 0.05%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 911714307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.