Retirement plan

DUCK CREEK TECHNOLOGIES 401(K) PLAN

Name: DUCK CREEK TECHNOLOGIES, LLC - DUCK CREEK TECHNOLOGIES 401(K) PLAN (2022) Form 5500
Creator: DUCK CREEK TECHNOLOGIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DUCK CREEK TECHNOLOGIES 401(K) PLAN, DUCK CREEK TECHNOLOGIES, LLC

DUCK CREEK TECHNOLOGIES, LLCEIN 47-5654931Plan #001PY 2022

22 BOSTON WHARF ROAD, 10TH FLOOR - BOSTON, MA 02210888-724-3509duckcreek.comLinkedIn1001-5000 employeescomputer software

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$129.5M

-19.5% from 2021

Total participants

1,195

+7.1% from 2021

Average account balance

$112,319

-25.1% from 2021

Annual return

-16.56%

-35.36 pp from 2021

Benchmarks

See 3,159 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,159 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$176.41M

Not enough data

1 years with asset history on file

Average account balance

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

$166K

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.

1,062

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.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15.94M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+16.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$100

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 3 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC6+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$90,285
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB& CO., INC. Service code 33 · EIN 94-1737782	Securities brokerage commissions and ...	$478
CHARLES SCHWAB & CO., INC.5 years Service code 33	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2E2F2G2J2R2S2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$91K

$99 / participant

Other / not subdivided$91K100.0%

% of EOY assets

0.070%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MAZARS USA LLP
Auditor EIN: 131459550
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$112,319

$82,163+36.7%

$125,381-10.4%

$64,819+73.3%

Participation rate

95.4%

77.9%+17.5pp

82.4%+13.0pp

71.5%+24.0pp

Annual return

-16.56%

3.49%-20.1pp

572.31%-588.9pp

32.84%-49.4pp

Employer contribution / active EE

$7,062

$3,616+95.3%

$4,815+46.7%

$2,507+181.7%

Participant deferral / active EE

$11,768

$7,175+64.0%

$7,448+58.0%

$4,311+173.0%

Admin fee / account holder

$79

$163-51.9%

$10,007-99.2%

$188-58.2%

Provider

Service type

Compensation

T ROWE PRICE RPS INC6+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$90,285

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB& CO., INC.

Service code 33 · EIN 94-1737782

Securities brokerage commissions and ...

$478

CHARLES SCHWAB & CO., INC.5 years

Service code 33

Securities brokerage commissions and ...

DUCK CREEK TECHNOLOGIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DUCK CREEK TECHNOLOGIES 401(K) 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