Retirement plan

PTC 401K SAVINGS PLAN

Name: PTC INC. - PTC 401K SAVINGS PLAN (2024) Form 5500
Creator: PTC INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PTC 401K SAVINGS PLAN, PTC INC.

PTC INC.EIN 04-2866152Plan #001PY 2024

121 SEAPORT BLVD, SUITE 1700 - BOSTON, MA 02210781-370-5586

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$856M

-6.3% from 2016

Total participants

4,066

-3.5% from 2016

Average account balance

$225,907

-3.1% from 2016

Annual return

13.49%

-9.44 pp from 2016

Benchmarks

See 949 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort949 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$855.96M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$226K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

3,789

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

88.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$41.87M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.49%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$40

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 5 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL Service code 16 · EIN 13-2638166	Consulting	$62,500
ADP BROKER-DEALER1 year Filed as: ADP LLC Service code 49 PO BOX 842875 · BOSTON, MA 02284	Other Services	$28,000
T ROWE PRICE RPS INC1 year Service code 15 1307 POINT STREET · BALTIMORE, MD 21231	Recordkeeping	$23,997
TRANSAMERICA RETIREMENT SOLUTIONS10+ years Service code 12 · EIN 13-3689044	Shareholder servicing fees; Claims pr...	$17,242
NATIONAL FINANCIAL SERVICES10+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$152K

$62 / participant

Recordkeeping$68K44.7%
Investment mgmt$63K41.0%
Other trustee fees$21K14.0%
Other / not subdivided$4580.3%

% of EOY assets

0.018%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$225,907

$122,128+85.0%

$147,117+53.6%

$200,096+12.9%

Participation rate

88.7%

78.2%+10.5pp

82.2%+6.5pp

72.0%+16.7pp

Annual return

13.49%

30.58%-17.1pp

420.54%-407.0pp

34.26%-20.8pp

Employer contribution / active EE

$3,611

$4,093-11.8%

$4,932-26.8%

$3,038+18.9%

Participant deferral / active EE

$13,478

$8,484+58.9%

$8,065+67.1%

$5,090+164.8%

Admin fee / account holder

$40

$180-77.6%

$12,993-99.7%

$269-85.1%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL

Service code 16 · EIN 13-2638166

Consulting

$62,500

ADP BROKER-DEALER1 year

Filed as: ADP LLC

Service code 49

PO BOX 842875 · BOSTON, MA 02284

Other Services

$28,000

T ROWE PRICE RPS INC1 year

Service code 15

1307 POINT STREET · BALTIMORE, MD 21231

Recordkeeping

$23,997

TRANSAMERICA RETIREMENT SOLUTIONS10+ years

Service code 12 · EIN 13-3689044

Shareholder servicing fees; Claims pr...

$17,242

NATIONAL FINANCIAL SERVICES10+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

PTC 401K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PTC 401K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion