Plan Ledger DOL Form 5500 · updated monthly

Pegasystems Inc401(k)

PEGASYSTEMS INC. 401(K) PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Pegasystems Inc reported $201,197 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $4,208 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 fell from 0.05% to 0.04%. 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 109th-largest of 2,726 plans among Massachusetts employers on file, and the 338th of 11,654 in professional & technical services. In 2024, employees put in $3.89 for every $1.00 the employer contributed; active participation has shrunk from 2,289 to 1,895 since 2022.

Plan summary
Net assets, end of year$529,663,631
Participants with balances2,595
Active participants1,895
Employer contributions$7,974,711
Employee contributions$31,055,110
Employer contribution per active participant$4,208
Average account balance$204,109
Benefits paid to participants$36,896,213
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$529.7M · 2,595 accts · $8.0M emplr
2023$454.0M · 2,871 accts · $8.4M emplr
2022$382.7M · 2,949 accts · $9.4M emplr
Administrative expenses, itemized · 2024
Investment management$176,447
Audit (IQPA)$24,150
Total administrative$201,197
The Pegasystems Inc 401(k) match · 2024
Employer contribution per active participant$4,208
Median for plans this size$4,294
2024$4,208 per active participant
2023$4,356 per active participant
2022$4,092 per active participant

Pegasystems Inc'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 · 20244
MORGAN STANLEY · Investment advisory (plan)$176,447
CBIZ INC · Accounting / audit$24,150
QDRO CONSULTANTS CO LLC$600

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$201,197 · 0.04%
2023$191,085 · 0.05%
2022$201,151 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Ptc Inc. MA$856.0M · 0.02%
Wayfair LLC MA$786.1M · 0.08%
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 042787865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.