Retirement plan

ARISTA NETWORKS INC. 401(K) PLAN

Name: ARISTA NETWORKS INC. - ARISTA NETWORKS INC. 401(K) PLAN (2024) Form 5500
Creator: ARISTA NETWORKS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARISTA NETWORKS INC. 401(K) PLAN, ARISTA NETWORKS INC.

ARISTA NETWORKS INC.EIN 20-1751121Plan #001PY 2024

5453 GREAT AMERICA PARKWAY - SANTA CLARA, CA 95054408-547-5500arista.comLinkedIn1001-5000 employeescomputer networking

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$463.5M

+32.5% from 2023

Total participants

2,730

+10.5% from 2023

Average account balance

$174,960

+21.3% from 2023

Annual return

22.63%

-6.09 pp from 2023

Benchmarks

See 840 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort840 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$463.47M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$175K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

2,649

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$53.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+22.63%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$-3

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.7 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$69,650
JOHANSON & YAU1 year Filed as: JOHNSON & YAU ACCOUNTANCY CORP Service code 10 · EIN 94-2702860	Accounting	$24,889
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	-$93,937

Plan features & details

Pension benefit codes2J2T2F2G3D2R

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

-$8K

$-4 / participant

Investment mgmt$70K0.0%
Contract admin$1K0.0%

% of EOY assets

-0.002%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: JOHANSON &YAU ACCOUNTANCY CORP
Auditor EIN: 942702860
Audit fees: $24,889
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$174,960

$110,282+58.6%

$102,423+70.8%

$199,921-12.5%

Participation rate

96.3%

86.3%+10.1pp

76.5%+19.8pp

72.0%+24.3pp

Annual return

22.63%

35.75%-13.1pp

29.42%-6.8pp

34.28%-11.7pp

Employer contribution / active EE

$4,105

$3,603+13.9%

$3,023+35.8%

$3,035+35.2%

Participant deferral / active EE

$20,051

$6,376+214.5%

$5,054+296.7%

$5,089+294.0%

Admin fee / account holder

-$3

$122-102.6%

$9,455-100.0%

$269-101.2%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.7 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$69,650

JOHANSON & YAU1 year

Filed as: JOHNSON & YAU ACCOUNTANCY CORP

Service code 10 · EIN 94-2702860

Accounting

$24,889

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$93,937

ARISTA NETWORKS INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARISTA NETWORKS INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion