Plan Ledger DOL Form 5500 · updated monthly

Perforce Software, Inc.401(k)

PERFORCE SOFTWARE, INC., 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Perforce Software, Inc. reported $83,954 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,130 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 0.045% to 0.052%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 174th-largest of 1,918 plans among Minnesota employers on file, and the 852nd of 11,654 in professional & technical services. In 2024, employees put in $4.96 for every $1.00 the employer contributed; active participation has grown from 682 to 817 since 2022.

Plan summary
Net assets, end of year$187,373,775
Participants with balances1,430
Active participants817
Employer contributions$1,740,024
Employee contributions$8,626,921
Employer contribution per active participant$2,130
Average account balance$131,031
Benefits paid to participants$17,140,562
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN & CO LTD
Plan history3
Yearassets · accounts · employer contribution
2024$187.4M · 1,430 accts · $1.7M emplr
2023$132.9M · 1,342 accts · $1.8M emplr
2022$114.8M · 1,393 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,800
Investment management$154
Total administrative$83,954
The Perforce Software, Inc. 401(k) match · 2024
Employer contribution per active participant$2,130
Median for plans this size$3,635
2024$2,130 per active participant
2023$2,682 per active participant
2022$2,120 per active participant

Perforce Software, Inc.'s 2024 employer contribution ran below the $3,635 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$34,979

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$83,954 · 0.05%
2023$54,262 · 0.04%
2022$49,204 · 0.05%
Same employer
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Wuxi Apptec, Inc. MN$177.8M · 0.21%
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Merchant & Gould P.C. MN$141.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943250959 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.