2023 Form 5500 filing — Cognizant Technology Solutions 401(K) Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014130837NAL0014975299001) for Cognizant Technology Solutions 401(K) Savings Plan, reported by Cognizant Technology Solutions under EIN 13-3924155 and plan number 001. It reports 74,792 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014130837NAL0014975299001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cognizant Technology Solutions
- EIN
- 13-3924155
- Plan number
- 001
- Location
- Teaneck, NJ
- Participants
- 74,792
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,741,407,191
- Total liabilities (EOY)
- $5,781
- Net assets (EOY)
- $2,741,401,410
- Employer contributions
- $112,210,626
- Participant contributions
- $256,026,707
- Total income / additions
- $795,581,959
- Benefits paid
- $281,218,534
- Administrative expenses
- $2,237,973
- Total expenses
- $285,378,866
- Net increase / (decrease)
- $510,203,093
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $1,805,049 | $0 |
| Morgan Lewis & Bockius Llp | NONE | $160,095 | not reported in the loaded dataset |
| Curcio Webb, LLC | NONE | $135,126 | not reported in the loaded dataset |
| Ubs Financial Services Inc | NONE | $110,000 | not reported in the loaded dataset |
| Moss Adams Llp | NONE | $25,000 | not reported in the loaded dataset |
| Qdro Consultants Company, LLC | NONE | $2,700 | not reported in the loaded dataset |