Riverbed Technology LLC 401(k) Review & Grade
Riverbed Technology LLC 401(k) Plan
Redwood City, CAManufacturing566 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,682Employer $ per active participant
$17,220Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$270.9MNet plan assets, end of year
$217,089Average balance per account
Score breakdown
- Employer generosity35.5 / 5071th percentile for employer $ per participant
- Low cost22.7 / 2591th percentile for low admin cost vs. same-size plans
- Employee saving14.8 / 1598th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score73 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 71th |
| Lower admin cost | 91th |
| Employee saving | 98th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Corrective distributions: the plan refunded $6,163 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Riverbed Technology put in about $3,682 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,082,284 |
| Participant (employee) contributions | $9,737,984 |
| Other contributions (incl. rollovers in) | $175,494 |
| Administrative expenses paid from the plan | $97,922 |
| Contract administrator fees | $3,815 |
| Investment advisory & management fees | $37,474 |
| Benefits paid out | $27,473,388 |
| Net assets, start / end of year | $249.3M / $270.9M |
| Active participants, start / end of year | 597 / 534 |
| Participants with account balances | 1,248 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services Inc | $76,156 reported compensation |
| Usi Advisors Inc | $12,500 reported compensation |
| Cbiz Inc | $9,265 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250918080716NAL0000555955001, received 2025-09-18, EIN 03-0448754, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.