N-able, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
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12. Employee Benefit Plans
- Employee Benefit Plans
401(k) Plan
Our eligible employees in the United States participate in a 401(k) matching program. We, as sponsor of the plan, use an independent third party to provide administrative services to the plan. We have the right to terminate the plan at any time. Employees are fully vested in all contributions to the plan. Our expense related to the 401(k) plan was as follows:
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| (in thousands) | |||
| 401(k) plan expense | $2,563 | $1,886 | $1,855 |
Pension Plans
Our eligible employees outside the United States participate in defined contribution and defined benefit pension plans, as applicable. These plans are administered in accordance with the applicable local laws and regulations. Our expense related to the pension plans was as follows:
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| (in thousands) | |||
| Defined contribution plan expense | $4,916 | $4,843 | $3,963 |
| Defined benefit plan expense | 882 | 644 | 147 |
| Total pension plan expense | $5,798 | $5,487 | $4,110 |
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