Plan Ledger DOL Form 5500 · updated monthly

Malwarebytes Inc.401(k)

MALWAREBYTES INC. RETIREMENT SAVINGS PLAN · SANTA CLARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Malwarebytes Inc. reported $118,234 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $4,018 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 0.23% to 0.20%. 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 1,496th-largest of 9,483 plans among California employers on file, and the 2,309th of 11,654 in professional & technical services. In 2024, employees put in $3.36 for every $1.00 the employer contributed; active participation has shrunk from 497 to 338 since 2022.

Plan summary
Net assets, end of year$61,717,266
Participants with balances717
Active participants338
Employer contributions$1,358,250
Employee contributions$4,565,059
Employer contribution per active participant$4,018
Average account balance$86,077
Benefits paid to participants$7,879,733
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.7M · 717 accts · $1.4M emplr
2023$55.2M · 790 accts · $1.8M emplr
2022$44.3M · 853 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,734
Investment management$31,500
Total administrative$118,234
The Malwarebytes Inc. 401(k) match · 2024
Employer contribution per active participant$4,018
Median for plans this size$3,635
2024$4,018 per active participant
2023$3,810 per active participant
2022$4,824 per active participant

Malwarebytes 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.

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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$86,734
MMA SECURITIES · Investment advisory (plan)$31,500

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$118,234 · 0.20%
2023$108,362 · 0.22%
2022$107,134 · 0.23%
Same employer
Similar plansProfessional & Technical Services · California
Motive Technologies Inc. CA$62.2M · 0.61%
Nextdoor, Inc. CA$62.1M · 0.05%
Hutchinson & Bloodgood, LLP CA$62.1M · 0.05%
Seiler LLP CA$61.8M · 0.25%
Accela, Inc. CA$61.6M · 0.11%
Wendel Rosen LLP CA$61.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262774858 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.