Edgio, Inc. 401(k) Review & Grade
Edgio, Inc 401(k) Plan
Tempe, AZOther Services530 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,383Employer $ per active participant
$11,858Employee $ saved per active participant
0.19%Direct admin cost, % of plan assets
$67.0MNet plan assets, end of year
$85,955Average balance per account
Score breakdown
- Employer generosity37.3 / 5075th percentile for employer $ per participant
- Low cost14.2 / 2557th percentile for low admin cost vs. same-size plans
- Employee saving14.6 / 1598th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score66 / 100 · Grade B
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 75th |
| Lower admin cost | 57th |
| Employee saving | 98th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
Corrective distributions: the plan refunded $7,055 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Edgio put in about $2,383 per active participant, more than the typical peer ($1,257). 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 | $1,261,782 |
| Participant (employee) contributions | $6,278,868 |
| Other contributions (incl. rollovers in) | $1,100,781 |
| Administrative expenses paid from the plan | $121,707 |
| Investment advisory & management fees | $81,527 |
| Benefits paid out | $15,411,815 |
| Net assets, start / end of year | $64.5M / $67.0M |
| Active participants, start / end of year | 591 / 468 |
| Participants with account balances | 779 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Capfinancial Partners LLC | $50,857 reported compensation |
| Fidelity Investments Institutional | $40,200 reported compensation |
| Strategic Advisors, Inc. | $30,671 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013172240NAL0002471744001, received 2025-10-13, EIN 20-1677033, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.