Altair Engineering, Inc. 401(k) Plan: Login, Facts & Contact Information
Altair Engineering, Inc. 401(k) Login
502 former Altair Engineering, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Altair Engineering, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 5, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $18.8 million went into the plan in contributions, $1.51 million of it from the employer (8%).
- $25.2 million was paid out to participants.
- Investment and other income added $37.7 million.
- Administrative expenses were $210,880, about $144 per account.
How the Altair Engineering, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 1,552 | $152.5 million | $1.60 million | $7.88 million |
| 2020 | 1,695 | $185.4 million | $1.65 million | $6.55 million |
| 2021 | 1,690 | $219.7 million | $1.39 million | $15.6 million |
| 2022 | 1,603 | $186.3 million | $1.42 million | $8.89 million |
| 2023 | 1,585 | $231.7 million | $1.52 million | $10.9 million |
| 2024 | 1,602 | $262.8 million | $1.51 million | $25.2 million |
Altair Engineering, Inc. 401(k) Contact Information
Questions about the Altair Engineering, Inc. 401(k)
Does Altair Engineering, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.51 million, 8% of all contributions.
Does the Altair Engineering, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Altair Engineering, Inc 401(k) plan?
1,602 participants at the start of plan year 2024, 1,006 of them active employees, and 502 former employees who still had money in the plan.
What is the average 401(k) balance at Altair Engineering, Inc?
About $179,147 per account: $262.8 million in plan assets across 1,467 accounts with a balance at the end of plan year 2024.
Who manages the Altair Engineering, Inc 401(k) accounts?
Empower (listed on the filing as EMPOWER ANNUITY INSURANCE CO.) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Altair Engineering, Inc. How do I access my 401(k)?
Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.