Plan Ledger DOL Form 5500 · updated monthly

Precisely Software Incorporated401(k)

PRECISELY SOFTWARE INCORPORATED 401(K) PLAN · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Precisely Software Incorporated reported $204,459 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,753 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 0.05% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other information & media employers. By assets it is the 170th-largest of 2,726 plans among Massachusetts employers on file, and the 130th of 2,199 in information & media. In 2024, employees put in $3.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$329,375,901
Participants with balances1,631
Active participants1,179
Employer contributions$4,424,522
Employee contributions$16,191,335
Employer contribution per active participant$3,753
Average account balance$201,947
Benefits paid to participants$24,934,828
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$329.4M · 1,631 accts · $4.4M emplr
2023$286.4M · 1,584 accts · $4.4M emplr
2022$251.9M · 1,646 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,870
Investment management$89,409
Audit (IQPA)$29,300
Total administrative$204,459
The Precisely Software Incorporated 401(k) match · 2024
Employer contribution per active participant$3,753
Median for plans this size$4,294
2024$3,753 per active participant
2023$3,984 per active participant
2022$3,615 per active participant

Precisely Software Incorporated'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$85,052
SAGEVIEW ADVISORY GROUP · Investment advisory (participants) · Investment advisory (plan)$69,628
GRANT THORNTON LLP · Accounting / audit$29,300
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$19,781

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$204,459 · 0.07%
2023$185,001 · 0.07%
2022$115,333 · 0.05%
Same employer
Similar plansInformation & Media · Massachusetts
Tripadvisor LLC MA$350.5M · 0.05%
Curriculum Associates, LLC MA$263.7M · 0.02%
Dynatrace LLC MA$252.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221854351 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.