Roper Technologies, Inc. 401(k) Review & Grade
Roper Technologies, Inc. Employees' Retirement Savings 004 Plan
Sarasota, FLManagement of Companies10,473 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,452Employer $ per active participant
$10,967Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$1.6BNet plan assets, end of year
$107,890Average balance per account
Score breakdown
- Employer generosity31.7 / 5063th percentile for employer $ per participant
- Low cost14.6 / 2558th percentile for low admin cost vs. same-size plans
- Employee saving12.5 / 1584th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score66 / 100 · Grade B
This plan vs. peers
Peers: all industries, plans with 10,000+ active participants (fewer than 30 industry peers) (820 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 63th |
| Lower admin cost | 58th |
| Employee saving | 84th |
| Peers that auto-enroll | 50% |
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Red flags from the filing
Corrective distributions: the plan refunded $23,027 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Roper Technologies put in about $3,452 per active participant, more than the typical peer ($2,229). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $36,149,485 |
| Participant (employee) contributions | $114,856,738 |
| Other contributions (incl. rollovers in) | $55,002,735 |
| Administrative expenses paid from the plan | $1,028,475 |
| Other admin expenses | $1,028,475 |
| Benefits paid out | $123,157,807 |
| Net assets, start / end of year | $1.3B / $1.6B |
| Active participants, start / end of year | 10,008 / 10,938 |
| Participants with account balances | 14,687 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Warren Averett, LLC |
| Employer stock held by plan | $27,631,577 |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $571,822 reported compensation |
| Vanguard Advisers Inc. | $456,653 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250904170645NAL0034144194001, received 2025-09-04, EIN 51-0263969, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.