Plan Snapshot
- Plan Sponsor: Ansys, INC.
- Sponsor EIN: 043219960
- Sponsor Address: 2600 ANSYS DRIVE, CANONSBURG, PA, 15317
- Plan Type: 401(k)
- Total Participants: 2,487
- Total Assets: $945.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,487 | $945.3M | $17.4M | $44.9M |
| 2023 | 2,458 | $820.0M | $16.3M | $41.4M |
| 2022 | 2,309 | $677.6M | $15.2M | $37.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| H2R CPA | Auditor | $18,100 | — | $18,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- H2R CPA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,100
- Estimated Expense Ratio: 0.002% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $162,339 | — | $4,200 | $18,100 | — |
| 2023 | $227,270 | $68,300 | — | $34,500 | — |
| 2022 | $297,275 | — | — | — | — |