Plan Snapshot
- Plan Sponsor: Precisely Software Incorporated
- Sponsor EIN: 221854351
- Sponsor Address: 1700 DISTRICT AVE STE 300, BURLINGTON, MA, 01803
- Plan Type: 401(k)
- Total Participants: 1,179
- Total Assets: $329.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,179 | $329.4M | $4.4M | $16.2M |
| 2023 | 1,099 | $286.4M | $4.4M | $15.2M |
| 2022 | 1,190 | $251.9M | $4.3M | $14.5M |
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 |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | $29,300 | — | $29,300 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,300
- Estimated Expense Ratio: 0.009% 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 | $204,459 | $89,409 | — | $29,300 | — |
| 2023 | $185,001 | $78,435 | $300 | $51,750 | — |
| 2022 | $115,333 | $3,550 | — | — | — |