Plan Ledger DOL Form 5500 · updated monthly

Netwrix Corporation401(k)

NETWRIX CORPORATION 401(K) PROFIT SHARING PLAN · FRISCO, TX · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Netwrix Corporation reported $53,321 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $532 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 1.32% to 0.46%. 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 2,624th-largest of 5,688 plans among Texas employers on file, and 1,301st of 2,199 in information & media. In 2024, employees put in $15.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,352,285
Participants with balances242
Active participants289
Employer contributions$153,815
Employee contributions$2,442,621
Employer contribution per active participant$532
Average account balance$55,175
Benefits paid to participants$673,489
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 242 accts · $154K emplr
2023$9.9M · 254 accts · $145K emplr
2022$6.6M · 213 accts · $114K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,711
Investment management$21,610
Total administrative$53,321
The Netwrix Corporation 401(k) match · 2024
Employer contribution per active participant$532
Median for plans this size$2,416
2024$532 per active participant
2023$399 per active participant
2022$415 per active participant

Netwrix Corporation's 2024 employer contribution ran below the $2,416 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 · 20243
THE PENSION DESIGN GROUP · Recordkeeping$4,365
NATIONWIDE · Recordkeeping · Investment advisory (participants)$3,956
PRO ACCOUNT · Investment advisory (participants)$21,610

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Nationwide, THE PENSION DESIGN GROUP
2023Nationwide, THE PENSION DESIGN GROUP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$53,321 · 0.46%
2023$25,653 · 0.31%
2022$83,609 · 1.32%
Same employer
Similar plansInformation & Media · Texas
Kofile, Inc. TX$14.3M · 0.67%
Chartbeat Inc. TX$14.0M · 0.33%
Snow Software, Inc. TX$13.7M · 0.65%
Raptor Technologies, LLC TX$13.1M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208429021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.