Plan Snapshot
- Plan Sponsor: Parexel International Corporation
- Sponsor EIN: 042776269
- Sponsor Address: 275 GROVE STREET, NEWTON, MA, 02466
- Plan Type: 401(k)
- Total Participants: 5,084
- Total Assets: $899.9M
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 | 5,084 | $899.9M | $21.5M | $59.3M |
| 2023 | 4,934 | $767.8M | $22.9M | $58.6M |
| 2022 | 4,903 | $620.5M | $18.4M | $49.6M |
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 |
|---|---|---|---|---|
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $49,130 | — | $900 | — | — |
| 2023 | $35,124 | — | — | — | — |
| 2022 | $28,244 | — | — | — | — |