Bentley Systems, Incorporated Profit Sharing/401(K) Plan — Form 5500 plan (Bentley Systems, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Bentley Systems, Incorporated Profit Sharing/401(K) Plan is a benefit plan reported by Bentley Systems, Inc. under EIN 95-3936623 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,325 participants and $627,983,527 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Bentley Systems, Inc.
EIN
95-3936623
Plan number
001
Plan type
2
Location
Exton, PA
Latest filing year
2023
Participants
2,325
End-of-year plan assets
$627,983,527

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,325H, C20241015160742NAL0058629954001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$627,983,527
Total liabilities (EOY)
$0
Net assets (EOY)
$627,983,527
Net assets (BOY)
$549,808,310

Income & contributions

Employer contributions
$5,386,653
Participant contributions
$17,153,818
Total contributions
$25,698,838
Total income / additions
$158,513,549

Expenses & distributions

Benefits paid
$79,835,675
Administrative expenses
$488,295
Total expenses
$80,338,332
Net increase / (decrease)
$78,175,217

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyNONE$180,329$02023
Empower Advisory Group, LLCNONE$114,982not reported in the loaded dataset2023
Capfinancial Partners LLC Dba CaptrNONE$90,638not reported in the loaded dataset2023
Caron & Bletzer PllcNONE$15,500not reported in the loaded dataset2023
Cowen & Company LLCNONE$10,627not reported in the loaded dataset2023
Abound Wealth Management LLCNONE$10,402not reported in the loaded dataset2023
Charles Schwab & Co., Inc.NONE$578$02023

Related Form 5500 pages