Employers › ANSYS
Recordkeeping fees per participant · Ansys, Inc. Employees' Retirement Program · plan year 2024
$22.72
Higher than 19% of the 1,697 plans $250M to 1B that report it.
= $71,739 / 3,157
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009080947NAL0011022160001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009080947NAL0011022160001, received 2025-10-09
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-09.
Administrative expenses excluding investment management, per participant
$51.42
Higher than 33% of the 2,324 plans $250M to 1B that report it.
= $162,339 / 3,157
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009080947NAL0011022160001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009080947NAL0011022160001, received 2025-10-09
Administrative expenses per participant
$51.42
Higher than 21% of the 2,405 plans $250M to 1B that report it.
= $162,339 / 3,157
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009080947NAL0011022160001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009080947NAL0011022160001, received 2025-10-09
Administrative expenses as a share of assets
0.017%
Higher than 10% of the 2,407 plans $250M to 1B that report it.
= $162,339 / $945,338,889
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009080947NAL0011022160001, received 2025-10-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009080947NAL0011022160001, received 2025-10-09
Employer contributions per participant
$5,509
Higher than 77% of the 2,457 plans $250M to 1B that report it.
= $17,392,995 / 3,157
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009080947NAL0011022160001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009080947NAL0011022160001, received 2025-10-09
Employer share of total contributions
25.6%
Higher than 32% of the 2,459 plans $250M to 1B that report it.
= $17,392,995 / $67,992,423
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009080947NAL0011022160001, received 2025-10-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009080947NAL0011022160001, received 2025-10-09
Plan terms are described in ANSYS, Inc.'s SEC filings: Form 10-K filed 2025-02-19. No term could be quoted from them with the required precision.
2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 2E profit-sharing · 2F ERISA 404(c) plan · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251009080947NAL0011022160001, received 2025-10-09
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ANSYS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Plan name | ANSYS, INC. EMPLOYEES' RETIREMENT PROGRAM | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Sponsor EIN / plan number | 04-3219960 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Sponsor location | CANONSBURG, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Industry (business code) | 541519, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Filing received | 2025-10-09 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Participants, beginning of year | 3,149 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Active participants | 2,487 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Participants, end of year | 3,185 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Participants with an account balance | 3,157 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Total assets, beginning of year | $819,966,360 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Total assets, end of year | $945,338,889 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Net assets, end of year | $945,335,319 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Total income | $192,595,149 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Net income | $125,407,288 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Employer contributions | $17,392,995 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Participant contributions | $44,925,712 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Other contributions (incl. rollovers) | $5,673,716 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Total contributions | $67,992,423 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Benefit payments | $67,000,543 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Total expenses (incl. benefit payments) | $67,187,861 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Total administrative expenses | $162,339 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Contract administrator fees | $4,200 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Recordkeeping fees | $71,739 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| IQPA audit fees | $18,100 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Administrative expenses excluding investment management | $162,339 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Held in common/collective trusts | $498,015,827 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Held in mutual funds | $415,593,856 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251009080947NAL0011022160001, received 2025-10-09 |
| Independent auditor | H2R CPA | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251009080947NAL0011022160001, received 2025-10-09 |
Position = column in the DOL layout for form year 2024. Filing 20251009080947NAL0011022160001, received 2025-10-09.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| METROPOLITAN LIFE INSURANCE COMPANY | INVESTMENT MANAGER | 28 Investment management | $98,109 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $75,939 | yes |
| CAPITAL STRATEGIES | CONSULTANT | 16 Consulting (general) | $65,000 | no |
| HOROVITZ, RUDOY & ROTEMAN LLC | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $18,100 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251009080947NAL0011022160001, received 2025-10-09.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $819,966,360 | $945,338,889 | 15.3% |
| Participants with a balance | 3,123 | 3,157 | 1.1% |
| Administrative expenses | $227,270 | $162,339 | -28.6% |
| Recordkeeping fees per participant | $39.86 | $22.72 | -43.0% |
| Employer contributions | $16,296,719 | $17,392,995 | 6.7% |
Prior filing 20241011080101NAL0022378449001, received 2024-10-11; the plan years are contiguous.
Sponsor name as filed: ANSYS, INC.; SEC registrant: ANSYS INC (CIK 1013462, matched by EIN; display name from the Form 10-K cover).