Progress Software Corporation401(k)

Progress Software Corporation'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 $405,524,220 across 1,840 participant accounts, with employer contributions averaging $3,379 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 139th-largest of 2,726 plans among Massachusetts employers on file, and the 668th of 13,661 in manufacturing. In 2024, employees put in $3.23 for every $1.00 the employer contributed; active participation has grown from 793 to 1,254 since 2022.