Plan Ledger DOL Form 5500 · updated monthly

Gigamon, Inc.401(k)

GIGAMON, INC. 401(K) PLAN · SANTA CLARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Gigamon, Inc. reported $47,514 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,848 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 3 years on file its reported administrative ratio has held roughly steady near 0.032%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 666th-largest of 9,483 plans among California employers on file, and the 984th of 11,654 in professional & technical services. In 2024, employees put in $3.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$160,105,670
Participants with balances862
Active participants488
Employer contributions$3,342,036
Employee contributions$11,345,489
Employer contribution per active participant$6,848
Average account balance$185,737
Benefits paid to participants$18,966,289
Plan auditUnmodified (clean) audit opinion
AuditorSINGERLEWAK
Plan history3
Yearassets · accounts · employer contribution
2024$160.1M · 862 accts · $3.3M emplr
2023$135.7M · 888 accts · $3.5M emplr
2022$109.7M · 880 accts · $3.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,514
Total administrative$47,514
The Gigamon, Inc. 401(k) match · 2024
Employer contribution per active participant$6,848
Median for plans this size$3,635
2024$6,848 per active participant
2023$7,279 per active participant
2022$6,862 per active participant

Gigamon, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$49,131

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$47,514 · 0.03%
2023$48,174 · 0.04%
2022$40,711 · 0.03%
Same employer
Similar plansProfessional & Technical Services · California
Ust Global Inc CA$169.6M · 0.35%
Asana Inc. CA$169.4M · 0.07%
Servicetitan, Inc. CA$168.7M · 0.06%
Mightyhive Inc. CA$159.8M · 0.10%
Globallogic Inc. CA$154.7M · 0.05%
Appfolio, Inc. CA$152.9M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263963351 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.