Synopsys 401(K) Plan — Form 5500 plan (Synopsys, 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, Synopsys 401(K) Plan is a benefit plan reported by Synopsys, Inc. under EIN 56-1546236 and plan number 001. The latest loaded filing year is 2023. The filing reports 7,681 participants and $2,355,374,902 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Synopsys, Inc.
EIN
56-1546236
Plan number
001
Plan type
2
Location
Sunnyvale, CA
Latest filing year
2023
Participants
7,681
End-of-year plan assets
$2,355,374,902

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20237,681H, C20240926121105NAL0001136576001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,355,374,902
Total liabilities (EOY)
$848,286
Net assets (EOY)
$2,354,526,616
Net assets (BOY)
$1,942,073,513

Income & contributions

Employer contributions
$14,333,849
Participant contributions
$112,016,638
Total contributions
$140,017,106
Total income / additions
$560,472,810

Expenses & distributions

Benefits paid
$147,350,482
Administrative expenses
$584,883
Total expenses
$148,019,707
Net increase / (decrease)
$412,453,103

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$340,117not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$334,285$02023
HyasINVESTMENT ADVISOR$83,192not reported in the loaded dataset2023
Moss Adams, LlpACCOUNTANT/AUDITOR$37,000not reported in the loaded dataset2023

Related Form 5500 pages