Plan Snapshot
- Plan Sponsor: Cognizant Technology Solutions
- Sponsor EIN: 133924155
- Sponsor Address: 500 FRANK W BURR BOULEVARD, TEANECK, NJ, 07666
- Plan Type: 401(k)
- Total Participants: 38,923
- Total Assets: $3.0B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 38,923 | $3.0B | $113.8M | $266.4M |
| 2023 | 35,909 | $2.7B | $112.2M | $256.0M |
| 2022 | 74,792 | $2.2B | $113.9M | $251.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | NONE | $1,433,060 | — | $1,433,060 |
| VOYA INSTITUTIONAL PLAN SERVICES, L | NONE | $548,833 | — | $548,833 |
| MORGAN LEWIS & BOCKIUS LLP | NONE | $362,490 | — | $362,490 |
| CURCIO WEBB, LLC | NONE | $230,000 | — | $230,000 |
| UBS FINANCIAL SERVICES INC | NONE | $82,500 | — | $82,500 |
| NEWPORT GROUP INC | NONE | $42,500 | — | $42,500 |
| MOSS ADAMS LLP | NONE | $15,000 | — | $15,000 |
| BAKER TILLY US, LLP | Auditor | $15,000 | — | $15,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN LEWIS & BOCKIUS LLP — NONE
- MOSS ADAMS LLP — NONE
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,729,383
- Estimated Expense Ratio: 0.090% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,714,383 | $82,500 | $32,654 | $15,000 | — |
| 2023 | $2,237,973 | $245,126 | — | — | — |
| 2022 | $1,963,953 | $87,795 | $1,350,277 | — | $82,998 |