Plan Snapshot
- Plan Sponsor: Barracuda Networks, Incorporated
- Sponsor EIN: 830380411
- Sponsor Address: 3175 SOUTH WINCHESTER BOULEVARD, CAMPBELL, CA, 95008
- Plan Type: 401(k)
- Total Participants: 888
- Total Assets: $134.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 888 | $134.4M | $3.0M | $10.9M |
| 2023 | 995 | $111.5M | $2.9M | $10.5M |
| 2022 | 1,015 | $85.6M | $2.1M | $9.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $167,016 | — | $167,016 |
| SILICON VALLEY RETIREMENT SERV LLC | NONE | $16,400 | — | $16,400 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- SILICON VALLEY RETIREMENT SERV LLC — NONE
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $183,416
- Estimated Expense Ratio: 0.137% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $189,751 | $36,124 | — | — | — |
| 2023 | $161,308 | $30,934 | — | — | — |
| 2022 | $169,158 | $19,350 | — | — | — |