Plan Ledger DOL Form 5500 · updated monthly

Mercury Systems, Inc.401(k)

MERCURY EMPLOYEES RETIREMENT INVESTMENT TRUST · ANDOVER, MA · plan year 2024

Employer contribution per participant · 2024
$7,033

Mercury Systems, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $475,597,179 across 3,284 participant accounts, with employer contributions averaging $7,033 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 123rd-largest of 2,726 plans among Massachusetts employers on file, and the 369th of 11,654 in professional & technical services. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$475,597,179
Participants with balances3,284
Active participants2,246
Employer contributions$15,795,057
Employee contributions$27,055,972
Employer contribution per active participant$7,033
Average account balance$144,823
Benefits paid to participants$72,328,968
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$475.6M · 3,284 accts · $15.8M emplr
2023$440.5M · 3,346 accts · $19.3M emplr
2022$369.7M · 3,151 accts · $10.9M emplr
Administrative expenses, itemized · 2024
Investment management$84,256
Audit (IQPA)$15,125
Total administrative-$71,430
The Mercury Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$7,033
Median for plans this size$4,294
2024$7,033 per active participant
2023$8,089 per active participant
2022$4,652 per active participant

Mercury Systems, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Service providers · 20244
RPW SOLUTIONS, LLC · Other services$173,657
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$84,256
FORVIS MAZARS, LLP · Accounting / audit$10,400
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$79,672 · 0.02%
2022$30,009 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Pegasystems Inc MA$529.7M · 0.04%
Alkermes, Inc. MA$480.2M · 0.07%
The Broad Institute MA$475.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042741391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.