Plan Ledger DOL Form 5500 · updated monthly

Radware Inc401(k)

RADWARE INC 401K PLAN · MAHWAH, NJ · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Radware Inc reported $28,256 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,993 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 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 917th-largest of 2,419 plans among New Jersey employers on file, and the 4,679th of 11,654 in professional & technical services. In 2024, employees put in $6.50 for every $1.00 the employer contributed; active participation has shrunk from 183 to 134 since 2022.

Plan summary
Net assets, end of year$25,581,837
Participants with balances228
Active participants134
Employer contributions$267,002
Employee contributions$1,735,403
Employer contribution per active participant$1,993
Average account balance$112,201
Benefits paid to participants$2,460,874
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 228 accts · $267K emplr
2023$22.5M · 241 accts · $291K emplr
2022$18.3M · 261 accts · $320K emplr
Administrative expenses, itemized · 2024
Investment management$28,256
Total administrative$28,256
The Radware Inc 401(k) match · 2024
Employer contribution per active participant$1,993
Median for plans this size$2,416
2024$1,993 per active participant
2023$1,917 per active participant
2022$1,746 per active participant

Radware Inc's 2024 employer contribution ran below the $2,416 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 · 20242
RBC · Recordkeeping · Trustee$28,256
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024RBC
2023RBC

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

Administrative cost history3
2024$28,256 · 0.12%
2023$23,909 · 0.12%
2022$22,479 · 0.11%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Onex Credit Partners, LLC NJ$27.6M · 0.45%
Thomas Scientific, LLC NJ$26.7M · 0.54%
Iveric Bio NJ$25.4M · 0.24%
Hovione LLC NJ$25.1M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 223627044 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.