Persistent Systems Llc 401(k) Plan: Login, Facts & Contact Information

Persistent Systems Llc 401(k) Plan Facts

Plan name
PERSISTENT SYSTEMS LLC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PERSISTENT SYSTEMS LLC
Participants
386 (350 active employees)
Former employees with a balance
57
Plan assets
$34,406,818 at Dec 31, 2024
Average account balance
$88,223 across 390 accounts
Employer contributions
$1,896,954 in plan year 2024 (29% of all contributions)
Recordkeeper
Betterment For Business, Llc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2010
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 2, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.65 million went into the plan in contributions, $1.90 million of it from the employer (29%).
  • $861,404 was paid out to participants.
  • Investment and other income added $3.52 million.
  • Administrative expenses were $57,233, about $147 per account.

How the Persistent Systems Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019203$9.43 million$709,603$380,320
2020203$13.0 million$815,394$459,158
2021214$17.1 million$933,236$1.22 million
2022252$17.7 million$1.20 million$731,957
2023313$25.1 million$1.55 million$629,407
2024386$34.4 million$1.90 million$861,404

Persistent Systems Llc 401(k) Contact Information

Phone
212-561-5895
Mailing address
601 WEST 26TH STREET, NEW YORK NY 10001
Plan sponsor
PERSISTENT SYSTEMS LLC
Employer identification number (EIN)
20-4625353
Plan number
001

Questions about the Persistent Systems Llc 401(k)

Does Persistent Systems Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.90 million, 29% of all contributions.

Does the Persistent Systems Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Persistent Systems Llc 401(k) plan?

386 participants at the start of plan year 2024, 350 of them active employees, and 57 former employees who still had money in the plan.

What is the average 401(k) balance at Persistent Systems Llc?

About $88,223 per account: $34.4 million in plan assets across 390 accounts with a balance at the end of plan year 2024.

Who manages the Persistent Systems Llc 401(k) accounts?

BETTERMENT FOR BUSINESS, LLC is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Persistent Systems Llc. How do I access my 401(k)?

Your account stays with BETTERMENT FOR BUSINESS, LLC 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.

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