Retirement plan

TYLER TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: TYLER TECHNOLOGIES, INC. - TYLER TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: TYLER TECHNOLOGIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TYLER TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN & TRUST, TYLER TECHNOLOGIES, INC.

TYLER TECHNOLOGIES, INC.EIN 75-2303920Plan #002PY 2024

5101 TENNYSON PARKWAY - PLANO, TX 75024972-713-3700tylertech.comLinkedIn5001-10000 employeescomputer software

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed October 19, 2004

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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How to read this page

Total assets (EOY)

$1213.4M

-29.3% from 2016

Total participants

8,914

-19.9% from 2016

Average account balance

$142,132

-5.8% from 2016

Annual return

15.96%

-35.01 pp from 2016

Benchmarks

See 108 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants5,000-9,999

Cohort108 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.21B

Not enough data

1 years with asset history on file

Average account balance

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

$142K

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.

8,537

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.

94.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$88.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+15.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$70

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$331,510
STRATEGIC ADVISORS, INC.10+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$208,468
VALMARK ADVISERS INC8 years Filed as: VALMARK ADVISERS, INC. Service code 27 · EIN 31-1509466	Advisory (Plan)	$50,000
BAKER TILLY US, LLP3 years Service code 10 · EIN 30-1413443	Accounting	$20,475

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H3D2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$600K

$84 / participant

Recordkeeping$317K52.8%
Investment mgmt$258K43.1%
Legal$2K0.3%
Contract admin$2K0.4%
Other / not subdivided$20K3.4%

% of EOY assets

0.049%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: $20,475
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$142,132

$120,321+18.1%

$147,117-3.4%

$99,313+43.1%

Participation rate

94.7%

73.4%+21.3pp

82.2%+12.5pp

71.7%+23.0pp

Annual return

15.96%

28.95%-13.0pp

420.54%-404.6pp

17.67%-1.7pp

Employer contribution / active EE

$2,669

$4,158-35.8%

$4,932-45.9%

$3,264-18.2%

Participant deferral / active EE

$9,752

$8,044+21.2%

$8,065+20.9%

$5,346+82.4%

Admin fee / account holder

$70

$150-53.2%

$12,993-99.5%

$109-35.6%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$331,510

STRATEGIC ADVISORS, INC.10+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$208,468

VALMARK ADVISERS INC8 years

Filed as: VALMARK ADVISERS, INC.

Service code 27 · EIN 31-1509466

Advisory (Plan)

$50,000

BAKER TILLY US, LLP3 years

Service code 10 · EIN 30-1413443

Accounting

$20,475

TYLER TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN & TRUST

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TYLER TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN & TRUST

Top hat statement on fileNQDC

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