Plan Ledger DOL Form 5500 · updated monthly

Netgear, Inc.401(k)

NETGEAR, INC 401(K) RETIREMENT SAVINGS PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Netgear, Inc. reported $61,291 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $2,539 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 0.13% to 0.07%. 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 1,032nd-largest of 9,483 plans among California employers on file, and the 1,557th of 11,654 in professional & technical services. In 2024, employees put in $7.43 for every $1.00 the employer contributed; active participation has shrunk from 260 to 230 since 2022.

Plan summary
Net assets, end of year$96,934,682
Participants with balances440
Active participants230
Employer contributions$583,970
Employee contributions$4,340,304
Employer contribution per active participant$2,539
Average account balance$220,306
Benefits paid to participants$11,476,322
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$96.9M · 440 accts · $584K emplr
2023$90.4M · 471 accts · $653K emplr
2022$81.1M · 508 accts · $834K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,915
Investment management$52,284
Total administrative$61,291
The Netgear, Inc. 401(k) match · 2024
Employer contribution per active participant$2,539
Median for plans this size$3,635
2024$2,539 per active participant
2023$2,719 per active participant
2022$3,208 per active participant

Netgear, Inc.'s 2024 employer contribution ran below 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 · 20243
NWK GROUP INC · Investment advisory (plan)$50,000
ADVISED ASSETS GROUP, LLC · Investment management$2,284

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$61,291 · 0.07%
2023$105,464 · 0.12%
2022$112,877 · 0.13%
Same employer
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Ares Holding Corporation CA$98.3M · 0.11%
Tapestry Solutions, Inc CA$98.0M · 0.24%
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Mka International, Inc. CA$97.6M · 0.15%
Downey Brand LLP CA$96.9M · 0.27%
Unicom, Inc. CA$96.3M · 0.40%
Applovin Corporation CA$95.9M · 0.02%
Connexity, Inc. CA$95.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770419172 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.