The Cengage Learning, Inc. 401(K) Savings Plan — Form 5500 plan (Cengage Learning, 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, The Cengage Learning, Inc. 401(K) Savings Plan is a benefit plan reported by Cengage Learning, Inc. under EIN 59-2124491 and plan number 001. The latest loaded filing year is 2023. The filing reports 5,663 participants and $595,638,547 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cengage Learning, Inc.
- EIN
- 59-2124491
- Plan number
- 001
- Plan type
- 2
- Location
- Mason, OH
- Latest filing year
- 2023
- Participants
- 5,663
- End-of-year plan assets
- $595,638,547
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 5,663 | H, C | 20240919110259NAL0005852625001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $595,638,547
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $595,638,547
- Net assets (BOY)
- $505,397,285
Income & contributions
- Employer contributions
- $11,696,857
- Participant contributions
- $31,187,840
- Total contributions
- $46,067,851
- Total income / additions
- $140,085,991
Expenses & distributions
- Benefits paid
- $49,439,945
- Administrative expenses
- $397,922
- Total expenses
- $49,844,729
- Net increase / (decrease)
- $90,241,262
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $184,579 | $0 | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $93,943 | not reported in the loaded dataset | 2023 |
| Captrust Financial Advisors | INVESTMENT ADVISOR | $90,000 | not reported in the loaded dataset | 2023 |
| Cohnreznick Llp | ACCOUNTANT/AUDITOR | $29,400 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Cengage Learning, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Mason, OH
- Fidelity Investments Institutional — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Captrust Financial Advisors — Schedule C compensation
- Cohnreznick Llp — Schedule C compensation