Plan Snapshot
- Plan Sponsor: Pegasystems INC
- Sponsor EIN: 042787865
- Sponsor Address: 1 MAIN STREET, CAMBRIDGE, MA, 021421590
- Plan Type: 401(k)
- Total Participants: 1,895
- Total Assets: $529.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,895 | $529.7M | $8.0M | $31.1M |
| 2023 | 1,934 | $454.0M | $8.4M | $31.8M |
| 2022 | 2,289 | $382.7M | $9.4M | $33.9M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY | INVESTMENT ADVISOR | $176,447 | — | $176,447 |
| CBIZ INC | AUDITOR | $24,150 | — | $24,150 |
| CBIZ CPAS P.C. | Auditor | $24,150 | — | $24,150 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $224,747
- Estimated Expense Ratio: 0.042% 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 | $201,197 | $176,447 | — | $24,150 | — |
| 2023 | $191,085 | $163,894 | — | $24,220 | — |
| 2022 | $201,151 | $201,151 | — | — | — |