Retirement plan

NEW RELIC 401(K) PLAN

Name: NEW RELIC, INC. - NEW RELIC 401(K) PLAN (2017) Form 5500
Creator: NEW RELIC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW RELIC 401(K) PLAN, NEW RELIC, INC.

NEW RELIC, INC.EIN 26-2017431Plan #001PY 2017

188 SPEAR STREET, SUITE 1200 - SAN FRANCISCO, CA 94105650-777-7600newrelic.comLinkedIn1001-5000 employeescomputer software

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$50.8M

+63.2% from 2016

Total participants

1,358

+18.0% from 2016

Average account balance

$37,575

+33.3% from 2016

Annual return

33.78%

+11.69 pp from 2016

Benchmarks

See 512 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort512 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$255.79M

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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.

2,383

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.

97.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$31.98M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

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

+18.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$53

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 2 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC1 year Filed as: T. ROWE PRICE INVESTMENTS Service code 25 · EIN 04-3396246	Directed Trustee	$5,454
THE VANGUARD GROUP, INC.1 year Filed as: VANGUARD GROUP INC Service code 25 · EIN 23-1945930	Directed Trustee	$600

Plan features & details

Pension benefit codes2E2J2S2K2G2F3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$5K

$6 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.011%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,575

$65,592-42.7%

$90,161-58.3%

$69,631-46.0%

Participation rate

99.5%

77.6%+21.9pp

76.9%+22.6pp

70.7%+28.8pp

Annual return

33.78%

57.10%-23.3pp

34.89%-1.1pp

27571.02%-27537.2pp

Employer contribution / active EE

$2,152

$2,193-1.9%

$3,318-35.1%

$2,032+5.9%

Participant deferral / active EE

$11,474

$5,257+118.3%

$5,287+117.0%

$3,224+255.9%

Admin fee / account holder

$86-95.3%

$5,943-99.9%

$110-96.3%

Provider

Service type

Compensation

T ROWE PRICE RPS INC1 year

Filed as: T. ROWE PRICE INVESTMENTS

Service code 25 · EIN 04-3396246

Directed Trustee

$5,454

THE VANGUARD GROUP, INC.1 year

Filed as: VANGUARD GROUP INC

Service code 25 · EIN 23-1945930

Directed Trustee

$600

NEW RELIC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEW RELIC 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