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  2. ASPENTECH CORPORATION
Sponsor portfolio

ASPENTECH CORPORATION

EIN 04-2739697-Professional, Scientific, and Technical Services-Latest filing 2024
Plans
2
Retirement
1
$432.5M assets
Welfare
1
$1.0M premiums
Participants
4,298
20 CROSBY DR. - BEDFORD, MA 01730781-221-6400
Plans on this EIN
2 filings
#001401k-$432.5M - 2,549 part#501Mixed-$1.0M - 1,873 lives

Benefits portfolio analytics

1 plan / $1.0M premiums / 1,873 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Other$660K
  • Life$479K
  • Vision$200K
  • Long-term disability$158K
Total $1.0M4 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
70%top
  • RELIANCE STANDARD LIFE INSURANCE COMPANY70%
  • VISION SERVICE PLAN20%
  • CIGNA HEALTH AND LIFE INSURANCE COMPANY7%
  • ACE AMERICAN INSURANCE COMPANY4%
Total $1.0M4 slices

Broker market share

Schedule A broker compensation

Single broker
100%top
  • MERCER HEALTH AND BENEFITS, LLC100%
Total $37K1 slice

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#001

ASPENTECH 401(K) SAVINGS PLAN

401k

Assets$432.5M
Participants2,549
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

ASPEN TECHNOLOGY, INC. HEALTH AND WELFARE BENEFITS PLAN

Mixed - RELIANCE STANDARD LIFE INSURANCE COMPANY

Premiums$1.0M
Covered lives1,873
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
001ASPENTECH 401(K) SAVINGS PLAN401k$432.5M2,5492024

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
501ASPEN TECHNOLOGY, INC. HEALTH AND WELFARE BENEFITS PLANMixedRELIANCE STANDARD LIFE INSURANCE COMPANY$1.0M1,8732024
Retirement plans
Welfare plans
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