Plan Ledger DOL Form 5500 · updated monthly

Rocket Software, Inc.401(k)

ROCKET SOFTWARE, INC. 401(K) PLAN · WALTHAM, 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

Rocket Software, Inc. reported $171,529 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,395 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 192nd-largest of 2,726 plans among Massachusetts employers on file, and the 612th of 11,654 in professional & technical services. In 2024, employees put in $3.77 for every $1.00 the employer contributed; active participation has grown from 949 to 1,230 since 2022.

Plan summary
Net assets, end of year$275,596,506
Participants with balances1,542
Active participants1,230
Employer contributions$4,176,006
Employee contributions$15,747,935
Employer contribution per active participant$3,395
Average account balance$178,727
Benefits paid to participants$26,228,724
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$275.6M · 1,542 accts · $4.2M emplr
2023$215.3M · 1,253 accts · $3.6M emplr
2022$186.3M · 1,313 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,544
Investment management$12,585
Audit (IQPA)$11,400
Total administrative$171,529
The Rocket Software, Inc. 401(k) match · 2024
Employer contribution per active participant$3,395
Median for plans this size$3,635
2024$3,395 per active participant
2023$4,070 per active participant
2022$3,535 per active participant

Rocket 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$107,111
KESTRA ADVISORY SERVICES, LLC · Consulting$50,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,585
CARON & BLETZER, PLLC · Accounting / audit$11,400

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$171,529 · 0.07%
2023$187,871 · 0.09%
2022$111,168 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Public Consulting Group LLC MA$311.0M · 0.11%
Abt Associates Inc MA$297.9M · 0.07%
Erin Rojas MA$286.1M · 0.16%
Haley & Aldrich, Inc. MA$283.2M · 0.04%
Ameresco, Inc. MA$251.6M · 0.13%
Eclinicalworks, LLC MA$240.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043090800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.