401(k) · DOL Form 5500 · 2023

Aspentech Corporation 401(k) Plan

Data updated 2026-08-25

$386M
Total assets Above avg plan size
998
Participants Near avg headcount
97th
Percentile by assets National rank
$387,254
Avg per participant High balance/head
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Official DOL plan name: Aspentech 401(k) Savings Plan · Sponsored by Aspentech Corporation · Massachusetts · Professional & Technical Services

$386M in assets, 998 participants

Aspentech Corporation's Aspentech 401(k) Savings Plan reported $386M in total assets and 998 participants in its 2023 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #19,859 in Professional & Technical Services (20,321 peers)

Where Aspentech 401(k) Savings Plan sits by assets

Aspentech 401(k) Savings Plan sits in the top 5% of all filed plans by assets, $386M for 998 participants (~$387,254/participant), up 57.8% in 2023.

#19,859
in Professional & Technical Services (20,321 peers)
+57.8%
assets growth YoY
3.9×
vs typical plan assets (national mean)

Aspentech 401(k) Savings Plan's outsized position by total assets

Aspentech 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$386,479,606 Top 3% higher than 97% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Aspentech 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Aspentech 401(k) Savings Plan sits mid-pack in the medium band (998 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Aspentech 401(k) Savings Plan reported net income rose from -$60M in the plan year 2022 filing to $60M in the plan year 2023 filing.
  • Aspentech 401(k) Savings Plan end-of-year assets rose from $245M in the plan year 2022 filing to $386M in the plan year 2023 filing.
  • Aspentech 401(k) Savings Plan reported participants rose from 845 in the plan year 2022 filing to 998 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 042739697 · Aspentech Corporation PY 2023 · 401(k)

Aspentech 401(k) Savings Plan · $386M · 998 · 97th

  • PHOTO $386M
  • IND 998
  • EOY 97th
  • 5500 401(k)
  • ASSETS near James Hardie Building Products, Inc. Retirement Plan
  • PCT ind #19859

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Massachusetts →

Aspentech 401(k) Savings Plan in the asset neighbourhood

IBEW Local 701 Retirement Savings FundIBEW Local 701 Retirement Sa…$387MAspentech 401(k) Savings Plan$386MJames Hardie Building Products, Inc. Retirement PlanJames Hardie Building Produc…$386MAmn Healthcare 401(k) Retirement Savings PlanAmn Healthcare 401(k) Retire…$386MRevlon Employees Savings, Investment, Profit Sharing PlanRevlon Employees Savings, In…$386M
End-of-year total assets ($M) among Aspentech 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$245M
Net Assets (End of Year)$386M
Net Income$60M
Employer EIN042739697
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Aspentech Corporation)

Sponsor-wide plan assets over time

All Aspentech Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$433M 76.63967959375749% vs 2022
2024 filing year
$200M$300M$400M$500M 202220232024 $245M $433M ▲ +76.6%
Year Plans Participants Total Assets
2022 1 845 $245M
2023 1 998 $386M
2024 1 1,859 $433M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Aspentech 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Aspentech 401(k) Savings Plan, Total assets ($B): 0.386479606 · Participants: 998Aspentech 401(k) Savings PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Aspentech 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Aspentech 401(k) Savings Plan side-by-side with 3 peers →

Aspentech 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is James Hardie Building Products, Inc. Retirement Plan in IL ($386M); by covered participants it is Lucid Software Inc. 401(k) Plan in UT (998 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (998 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Aspentech 401(k) Savings Plan assets move in 2023? ▼
Aspentech 401(k) Savings Plan surged - up 57.8% during 2023, from $245M to $386M. Reported net income was $60M.
How have Aspentech Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Aspentech Corporation's sponsor-wide assets grew 76.6%, from $245M to $433M.
Where does Aspentech 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Aspentech 401(k) Savings Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Aspentech 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is James Hardie Building Products, Inc. Retirement Plan in IL ($386M, 3,389 participants).
Which 401(k) plans cover a similar participant headcount to Aspentech 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lucid Software Inc. 401(k) Plan in UT (998 participants, $66M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042739697.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.