Tricentis USA Corp. 401(k) Review & Grade
Tricentis USA Employee Savings Plan
Atlanta, GAProfessional, Scientific & Technical Services536 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,838Employer $ per active participant
$12,113Employee $ saved per active participant
0.58%Direct admin cost, % of plan assets
$39.5MNet plan assets, end of year
$72,168Average balance per account
Score breakdown
- Employer generosity15.7 / 5031th percentile for employer $ per participant
- Low cost4.6 / 2519th percentile for low admin cost vs. same-size plans
- Employee saving11.2 / 1575th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score32 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 31th |
| Lower admin cost | 19th |
| Employee saving | 75th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $16,955 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Tricentis USA put in about $1,838 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Direct plan expenses (0.58% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $985,396 |
| Participant (employee) contributions | $6,492,310 |
| Other contributions (incl. rollovers in) | $2,226,423 |
| Administrative expenses paid from the plan | $196,008 |
| Contract administrator fees | $70,676 |
| Investment advisory & management fees | $110,982 |
| Other admin expenses | $14,350 |
| Benefits paid out | $3,215,353 |
| Net assets, start / end of year | $28.1M / $39.5M |
| Active participants, start / end of year | 530 / 542 |
| Participants with account balances | 548 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Windham Brannon, LLC |
Largest service providers (Schedule C)
| Northwestern Mutual Wealth | $110,982 reported compensation |
| John Hancock Life Insurance Company | $5,456 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250714131258NAL0001073377001, received 2025-07-14, EIN 27-5099781, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.