Plan Snapshot
- Plan Sponsor: Cyient, INC.
- Sponsor EIN: 330867496
- Sponsor Address: 99 EAST RIVER DRIVE, HARTFORD, CT, 06108
- Plan Type: 401(k)
- Total Participants: 958
- Total Assets: $89.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 958 | $89.5M | $1.0M | $6.9M |
| 2023 | 962 | $80.0M | $1.2M | $6.9M |
| 2022 | 1,011 | $67.0M | $1.4M | $6.7M |
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 |
|---|---|---|---|---|
| CHUGH CPAS, LLP | Auditor | $55,826 | — | $55,826 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,826
- Estimated Expense Ratio: 0.062% 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 | $209,245 | $13,614 | — | $55,826 | — |
| 2023 | $159,009 | $26,396 | $300 | — | — |
| 2022 | $223,831 | — | — | — | — |