Ss&c Technologies, Inc 401(k) Review & Grade
Ss&c Technologies, Inc. 401(k) Retirement Savings Plan
Windsor, CTProfessional, Scientific & Technical Services11,056 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,322Employer $ per active participant
$11,027Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$1.8BNet plan assets, end of year
$126,669Average balance per account
Score breakdown
- Employer generosity42.0 / 5084th percentile for employer $ per participant
- Low cost21.1 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving10.9 / 1572th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score74 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 10,000+ active participants (70 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 84th |
| Lower admin cost | 84th |
| Employee saving | 72th |
| Peers that auto-enroll | 39% |
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Red flags from the filing
Corrective distributions: the plan refunded $38,589 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Ss&c Technologies put in about $5,322 per active participant, more than the typical peer ($2,932). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $58,837,481 |
| Participant (employee) contributions | $121,919,423 |
| Other contributions (incl. rollovers in) | $26,403,807 |
| Administrative expenses paid from the plan | $468,744 |
| Contract administrator fees | $1,800 |
| Investment advisory & management fees | $75,000 |
| Benefits paid out | $109,049,243 |
| Net assets, start / end of year | $1.5B / $1.8B |
| Active participants, start / end of year | 10,947 / 11,166 |
| Participants with account balances | 14,189 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $454,706 reported compensation |
| Ubs Financial Services Inc. | $75,000 reported compensation |
| Cbiz Cpas P.C. | $26,250 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008083818NAL0005571473001, received 2025-10-08, EIN 06-1169696, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.