Tyler Technologies, Inc. 401(k) Review & Grade
Tyler Technologies, Inc. 401(k) Profit Sharing Plan & Trust
Plano, TXProfessional, Scientific & Technical Services7,100 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,683Employer $ per active participant
$9,800Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$1.2BNet plan assets, end of year
$142,132Average balance per account
Score breakdown
- Employer generosity23.5 / 5047th percentile for employer $ per participant
- Low cost19.2 / 2577th percentile for low admin cost vs. same-size plans
- Employee saving7.9 / 1553th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score54 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 47th |
| Lower admin cost | 77th |
| Employee saving | 53th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Tyler Technologies put in about $2,683 per active participant, below the typical peer ($2,951). 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.
- 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 | $19,046,493 |
| Participant (employee) contributions | $69,577,800 |
| Other contributions (incl. rollovers in) | $5,509,865 |
| Administrative expenses paid from the plan | $600,316 |
| Contract administrator fees | $2,400 |
| Investment advisory & management fees | $258,468 |
| Benefits paid out | $82,438,480 |
| Net assets, start / end of year | $1.0B / $1.2B |
| Active participants, start / end of year | 7,065 / 7,135 |
| Participants with account balances | 8,537 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $331,510 reported compensation |
| Strategic Advisors, Inc. | $208,468 reported compensation |
| Valmark Advisers, Inc. | $50,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250623150556NAL0003798851001, received 2025-06-23, EIN 75-2303920, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.