Tyler Technologies 401(k) match, vesting and fees
What Tyler Technologies' 401(k) plan says about matching contributions
The Company contributes a matching contribution of 50% of the first 6% of base compensation that a participant contributes to the Plan.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | 2024 audit report, p. 46 ↗ |
| Match vesting | Participants are vested immediately in their contributions plus actual earnings thereon. Vesting in the Company's contributions portion of their accounts is based on year of continuous service. A participant is 20% vested after one year of credited service and continues to vest in increments of 20% until 100% vested after five years of credited service. | 2024 audit report, p. 47 ↗ |
| Automatic enrollment | The Plan includes an automatic enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless they affirmatively elect not to participate in the Plan within 90 days of eligibility. Automatically enrolled participants have their deferral rate set at 6% of eligible compensation and their contributions are invested in the default investment option until changed by the participant. Automatically enrolled participants will have their deferral rate increase by 1% annualy until their deferral rate reaches 10%. | 2024 audit report, p. 46 ↗ |
| Roth contributions | Participants also may designate all or a portion of their deferral contributions as after-tax contributions into a Roth account. | 2024 audit report, p. 46 ↗ |
| Loans | Participants may borrow from their fund accounts a minimum of $1,000 up to a maximum equal to the lesser of $50,000 or 50% of their vested account balance. The loans are secured by the balance in the participant's account. The loan interest rate, determined by Plan Administrator, is set at the reasonable rate of interest. | 2024 audit report, p. 47 ↗ |
| Recordkeeper | Fidelity Investments Institutional | 2025 Schedule C ↗ |
| Independent auditor | Baker Tilly US, LLP (unmodified opinion, limited scope) | 2025 Schedule H ↗ |
| Plan type and status | 401(k) · Active | 2025 Form 5500 ↗ |
Match, vesting and other plan features are from the plan year 2024 filing's audit report (the latest one extracted so far). Rows cited to the Form 5500 and its schedules are from the plan year 2025 filing.
How the plan compares
Plan year 2025 medians for 23 defined-contribution plans in professional, scientific, and technical services with 5,000 to 9,999 participants.
| Tyler Technologies: employer contribution per participant | $2,334 | |
| Peer median | $2,334 |
| Tyler Technologies: average balance | $166,969 | |
| Peer median | $180,350 |
| Tyler Technologies: admin expenses ÷ assets | 0.05% | |
| Peer median | 0.04% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $986M at the end of plan year 2021 to $1.5B at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 9,094 | $1.5B | $20.3M | $2,334 | 0.05% | Not published | Form 5500 ↗ |
| 2024 | 8,914 | $1.2B | $19M | $2,231 | 0.05% | Quoted in the audit report, p. 46 ↗ | Form 5500 ↗ |
| 2023 | 8,856 | $1B | $18.6M | $2,197 | 0.06% | Not published | Form 5500 ↗ |
| 2022 | 8,973 | $830M | $17.3M | $2,065 | — | Not published | Form 5500 ↗ |
| 2021 | 6,901 | $986M | $13M | $2,005 | 0.03% | Not published | Form 5500 ↗ |
Common questions
Does Tyler Technologies match 401(k) contributions?
The audit report attached to the Tyler Technologies, Inc. 401(k) Profit Sharing Plan & Trust's plan year 2024 Form 5500, page 46 says: “The Company contributes a matching contribution of 50% of the first 6% of base compensation that a participant contributes to the Plan.” Plan terms may have changed; check your current Summary Plan Description.
When is the Tyler Technologies 401(k) match vested?
The audit report attached to the plan year 2024 Form 5500, page 47 says: “Participants are vested immediately in their contributions plus actual earnings thereon. Vesting in the Company's contributions portion of their accounts is based on year of continuous service. A participant is 20% vested after one year of credited service and continues to vest in increments of 20% until 100% vested after five years of credited service.”
Who manages the Tyler Technologies 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Tyler Technologies, Inc..
I left Tyler Technologies. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Tyler Technologies, Inc., (972) 713-3700) or the recordkeeper, Fidelity Investments Institutional. The Tyler Technologies old 401(k) page lists the contacts from every plan filing. Find an old Tyler Technologies 401(k)
Data from the public Form 5500 annual reports Tyler Technologies filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Tyler Technologies. Not financial advice. Report a correction · Methodology