Plan Ledger DOL Form 5500 · updated monthly

N-Able Technologies, Inc.401(k)

N-ABLE TECHNOLOGIES, INC. 401(K) PLAN · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

N-Able Technologies, Inc. reported $56,914 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $4,173 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 0.36% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 891st-largest of 2,726 plans among Massachusetts employers on file, and the 696th of 2,199 in information & media. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 312 to 452 since 2022.

Plan summary
Net assets, end of year$35,177,873
Participants with balances435
Active participants452
Employer contributions$1,885,982
Employee contributions$4,085,849
Employer contribution per active participant$4,173
Average account balance$80,869
Benefits paid to participants$3,820,194
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.2M · 435 accts · $1.9M emplr
2023$27.8M · 446 accts · $1.8M emplr
2022$20.8M · 456 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,914
Investment management$12,000
Total administrative$56,914
The N-Able Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$4,173
Median for plans this size$2,416
2024$4,173 per active participant
2023$5,683 per active participant
2022$5,490 per active participant

N-Able Technologies, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,914
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$12,000

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$56,914 · 0.18%
2023$57,151 · 0.24%
2022$75,543 · 0.36%
Same employer
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Btc Mobility MA$31.3M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954547068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.