Trapeze Software Group, Inc.401(k)
CONSTELLATION SOFTWARE (U.S.A.) INC. RETIREMENT SAVINGS PLAN · ROSEMONT, IL · plan year 2023
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Trapeze Software Group, Inc. reported $1,748,549 in plan administrative expenses for 2023: 0.17% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,015 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 1 year on file its reported administrative ratio fell from 0.19% to 0.17%. The plan sits in the over $1B size bracket, benchmarked here against 1,075 comparable plans and shown alongside other professional & technical services employers. By assets it is the 75th-largest of 3,702 plans among Illinois employers on file, and the 132nd of 11,654 in professional & technical services. In 2023, employees put in $3.78 for every $1.00 the employer contributed.
Trapeze Software Group, Inc.'s 2023 employer contribution ran below the $5,237 median for plans its size, in the bottom quarter of its peers. 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 980358175 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.