Employers › Synopsys
Recordkeeping fees per participant · Synopsys 401(k) Plan · plan year 2024
$32.03
Higher than 46% of the 790 plans over $1B that report it.
= $235,953 / 7,366
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013181128NAL0001715601001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013181128NAL0001715601001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans over $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 2025-10-13.
Administrative expenses excluding investment management, per participant
$41.55
Higher than 44% of the 1,045 plans over $1B that report it.
= $306,055 / 7,366
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013181128NAL0001715601001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013181128NAL0001715601001, received 2025-10-13
Administrative expenses per participant
$88.25
Higher than 63% of the 1,076 plans over $1B that report it.
= $650,022 / 7,366
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013181128NAL0001715601001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013181128NAL0001715601001, received 2025-10-13
Administrative expenses as a share of assets
0.024%
Higher than 22% of the 1,076 plans over $1B that report it.
= $650,022 / $2,741,123,048
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013181128NAL0001715601001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013181128NAL0001715601001, received 2025-10-13
Employer contributions per participant
$1,922
Higher than 16% of the 1,135 plans over $1B that report it.
= $14,160,601 / 7,366
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013181128NAL0001715601001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013181128NAL0001715601001, received 2025-10-13
Employer share of total contributions
9.7%
Higher than 2% of the 1,135 plans over $1B that report it.
= $14,160,601 / $146,301,468
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013181128NAL0001715601001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013181128NAL0001715601001, received 2025-10-13
Employer match
“For employees in the United States and Canada, we match pre-tax employee contributions up to a maximum of U.S. $7,500 and Canadian $4,000, respectively, per participant per year, except for legacy Ansys employees with maximum matching contributions of 4.25% of the employee's eligible compensation.”
Form 10-K filed 2025-12-22, for the year ended 2025-10-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-10-31. Figures cover plan year 2024. The plan document governs.
2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · 2E profit-sharing · 2F ERISA 404(c) plan · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013181128NAL0001715601001, received 2025-10-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SYNOPSYS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Plan name | SYNOPSYS 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Sponsor EIN / plan number | 56-1546236 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Sponsor location | SUNNYVALE, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Industry (business code) | 541511, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Participants, beginning of year | 7,692 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Active participants | 4,114 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Participants, end of year | 7,510 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Participants with an account balance | 7,366 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Total assets, beginning of year | $2,355,374,902 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Total assets, end of year | $2,741,123,048 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Net assets, end of year | $2,741,111,606 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Total income | $590,505,994 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Net income | $386,584,990 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Employer contributions | $14,160,601 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Participant contributions | $114,549,709 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Other contributions (incl. rollovers) | $17,591,158 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Total contributions | $146,301,468 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Benefit payments | $203,174,529 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $203,921,004 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Total administrative expenses | $650,022 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Recordkeeping fees | $235,953 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| IQPA audit fees | $32,602 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Investment advisory and management fees | $343,967 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Administrative expenses excluding investment management | $306,055 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Held in common/collective trusts | $1,953,707,976 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Held in mutual funds | $610,641,893 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251013181128NAL0001715601001, received 2025-10-13 |
| Independent auditor | CLIFTONLARSONALLEN, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013181128NAL0001715601001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013181128NAL0001715601001, received 2025-10-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $415,062 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $285,004 | yes |
| THE HYAS GROUP | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $102,813 | no |
| TRUCKER HUSS | ATTORNEY/LEGAL | 29 Legal | $37,500 | no |
| MOSS ADAMS, LLP | INVESTMENT ADVISOR | 10 Accounting (including auditing) | $32,602 | 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 20251013181128NAL0001715601001, received 2025-10-13.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $2,355,374,902 | $2,741,123,048 | 16.4% |
| Participants with a balance | 7,552 | 7,366 | -2.5% |
| Administrative expenses | $584,883 | $650,022 | 11.1% |
| Recordkeeping fees per participant | $47.25 | $32.03 | -32.2% |
| Employer contributions | $14,333,849 | $14,160,601 | -1.2% |
Prior filing 20240926121105NAL0001136576001, received 2024-09-26; the plan years are contiguous.
Sponsor name as filed: SYNOPSYS, INC.; SEC registrant: SYNOPSYS INC (CIK 883241, matched by EIN; display name from the Form 10-K cover).