Plan Ledger DOL Form 5500 · updated monthly

Solarwinds Inc401(k)

SOLARWINDS WORLDWIDE LLC 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Solarwinds Inc reported $55,034 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,399 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 0.09% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 494th-largest of 5,688 plans among Texas employers on file, and the 248th of 2,199 in information & media. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has shrunk from 871 to 730 since 2022.

Plan summary
Net assets, end of year$141,123,933
Participants with balances1,339
Active participants730
Employer contributions$4,671,229
Employee contributions$9,793,795
Employer contribution per active participant$6,399
Average account balance$105,395
Benefits paid to participants$20,046,698
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$141.1M · 1,339 accts · $4.7M emplr
2023$125.0M · 1,442 accts · $4.7M emplr
2022$100.2M · 1,589 accts · $5.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,413
Investment management$37,621
Total administrative$55,034
The Solarwinds Inc 401(k) match · 2024
Employer contribution per active participant$6,399
Median for plans this size$3,635
2024$6,399 per active participant
2023$6,336 per active participant
2022$5,811 per active participant

Solarwinds Inc's 2024 employer contribution ran above 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 · 20242
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$34,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,413

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$55,034 · 0.04%
2023$81,221 · 0.07%
2022$101,800 · 0.09%
Same employer
Similar plansInformation & Media · Texas
Match Group, Inc. TX$301.3M · 0.05%
Blackberry Corporation TX$258.1M · 0.05%
Auctane Inc TX$137.2M · 0.07%
Securus Technologies, LLC TX$125.0M · 0.09%
Enverus, Inc. TX$112.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263798676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.