Plan Ledger DOL Form 5500 · updated monthly

Netscout Systems, Inc.401(k)

NETSCOUT SYSTEMS, INC. 401(K) PLAN · WESTFORD, MA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Netscout Systems, Inc. reported $352,461 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $4,392 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 rose from 0.05% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 93rd-largest of 2,726 plans among Massachusetts employers on file, and the 473rd of 13,661 in manufacturing. In 2024, employees put in $4.32 for every $1.00 the employer contributed; active participation has shrunk from 1,505 to 1,326 since 2022.

Plan summary
Net assets, end of year$645,063,132
Participants with balances1,965
Active participants1,326
Employer contributions$5,823,914
Employee contributions$25,168,041
Employer contribution per active participant$4,392
Average account balance$328,276
Benefits paid to participants$71,861,142
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$645.1M · 1,965 accts · $5.8M emplr
2023$582.5M · 2,085 accts · $7.1M emplr
2022$477.6M · 2,121 accts · $6.7M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$17,500
Total administrative$352,461
The Netscout Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$4,392
Median for plans this size$4,294
2024$4,392 per active participant
2023$4,813 per active participant
2022$4,461 per active participant

Netscout Systems, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20244
ROCATON INVESTMENT ADVISORS LLC · Investment advisory (participants) · Investment advisory (plan)$69,761
CARON & BLETZER PLLC · Accounting / audit$17,500
GOLDMAN SACHS ASSET MANAGEMENT LP · Investment advisory (plan)$14,597
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$352,461 · 0.06%
2023$401,533 · 0.08%
2022$272,580 · 0.05%
Same employer
Similar plansManufacturing · Massachusetts
Bose Corporation MA$680.9M · 0.02%
Ccl Label, Inc. MA$645.3M · 0.09%
Acushnet Company MA$637.7M · 0.05%
Nuance Communications, Inc. MA$629.2M · 0.08%
Instrumentation Laboratory MA$537.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042837575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.