Plan Ledger DOL Form 5500 · updated monthly

Parexel International Corporation401(k)

PAREXEL INTERNATIONAL CORPORATION 401(K) RETIREMENT SAVINGS PLAN · NEWTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.01%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Parexel International Corporation reported $49,130 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,222 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.00% to 0.01%. 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 66th-largest of 2,726 plans among Massachusetts employers on file, and the 194th of 11,654 in professional & technical services. In 2024, employees put in $2.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$899,879,949
Participants with balances7,958
Active participants5,084
Employer contributions$21,466,527
Employee contributions$59,342,566
Employer contribution per active participant$4,222
Average account balance$113,079
Benefits paid to participants$79,337,913
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$899.9M · 7,958 accts · $21.5M emplr
2023$767.8M · 7,889 accts · $22.9M emplr
2022$620.5M · 7,658 accts · $18.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,130
Total administrative$49,130
The Parexel International Corporation 401(k) match · 2024
Employer contribution per active participant$4,222
Median for plans this size$4,294
2024$4,222 per active participant
2023$4,636 per active participant
2022$3,749 per active participant

Parexel International Corporation's 2024 employer contribution ran below 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$49,130

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

Administrative cost history3
2024$49,130 · 0.01%
2023$35,124 · 0.01%
2022$28,244 · 0.00%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Ropes & Gray LLP MA$1.4B · 0.04%
Ptc Inc. MA$856.0M · 0.02%
Wayfair LLC MA$786.1M · 0.08%
Pegasystems Inc MA$529.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042776269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.