Plan Ledger DOL Form 5500 · updated monthly

McAfee LLC401(k)

MCAFEE LLC 401(K) PLAN · SAN JOSEC, 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

McAfee LLC reported $71,180 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $761 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 0.044%. 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 627th-largest of 9,483 plans among California employers on file, and the 919th of 11,654 in professional & technical services. In 2024, employees put in $3.13 for every $1.00 the employer contributed; active participation has grown from 527 to 4,321 since 2022.

Plan summary
Net assets, end of year$173,711,891
Participants with balances1,386
Active participants4,321
Employer contributions$3,286,130
Employee contributions$10,296,030
Employer contribution per active participant$761
Average account balance$125,333
Benefits paid to participants$16,320,648
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$173.7M · 1,386 accts · $3.3M emplr
2023$150.7M · 543 accts · $3.4M emplr
2022$123.4M · 526 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,416
Total administrative$71,180
The McAfee LLC 401(k) match · 2024
Employer contribution per active participant$761
Median for plans this size$3,635
2024$761 per active participant
2023$6,325 per active participant
2022$6,433 per active participant

McAfee LLC's 2024 employer contribution ran below the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$38,416
BAKERTILLY US LLP · Accounting / audit$32,764

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$71,180 · 0.04%
2023$45,243 · 0.03%
2022$59,317 · 0.04%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 770316593 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.