401(k) · DOL Form 5500 · 2023
Aspentech Corporation 401(k) Plan
Data updated 2026-08-11
- $386M
- Total assets
- 998
- Participants
- 97th
- Percentile by assets
- $387,254
- Avg per participant
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.
- 97th percentile by assets (of 127,072 plans)
- #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.
- $386M
- total plan assets (2023 EOY)
- 998
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $387,254
- avg assets per participant
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.
Aspentech 401(k) Savings Plan vs the 2023 asset distribution
By assets, Aspentech 401(k) Savings Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.9x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $245M |
|---|---|
| Net Assets (End of Year) | $386M |
| Net Income | $60M |
| Employer EIN | 042739697 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Aspentech Corporation)
| 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
- Fidelity Retirement Savings Plan $28.6B · 62,289
- Liberty Mutual 401(k) Plan $10.6B · 37,052
- Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
- Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
- Philips North America 401(k) Plan $5.8B · 19,120
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Aspentech 401(k) Savings Plan by total assets, not by location.
- James Hardie Building Products, Inc. Retirement Plan (IL) $386M · 3,389
- Amn Healthcare 401(k) Retirement Savings Plan (CA) $386M · 27,634
- IBEW Local 701 Retirement Savings Fund (IL) $387M · 1,746
- Revlon Employees Savings, Investment, Profit Sharing Plan (NY) $386M · 1,967
Frequently Asked Questions
How did Aspentech 401(k) Savings Plan assets move in 2023? ▼
How have Aspentech Corporation plan assets changed over time? ▼
Where does Aspentech 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Aspentech 401(k) Savings Plan? ▼
Next read for Aspentech 401(k) Savings Plan
Scale reading
Ways to act on Aspentech 401(k) Savings Plan's numbers.
- By total assets, Aspentech 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- Aspentech Corporation's sponsor-wide assets have grown 76.6% since 2022 across 3 plan years on file. More Professional & Technical Services plans