# Synopsys, INC. 401(k) Plan
Source: https://planprovider.pro/companies/synopsys-inc-401k-plan

> Synopsys, INC.&#39;s 401(k) plan: 4,114 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Synopsys, INC.

- **Sponsor EIN:** 561546236

- **Sponsor Address:** 675 ALMANOR AVENUE, SUNNYVALE, CA, 94085

- **Plan Type:** 401(k)

- **Total Participants:** 4,114

- **Total Assets:** $2.7B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|4,114|$2.7B|$14.2M|$114.5M|

| 2023|4,817|$2.4B|$14.3M|$112.0M|

| 2022|4,934|$1.9B|$13.9M|$99.4M|

## 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|

| STRATEGIC ADVISORS, INC.|ADVISOR|$415,062|—|$415,062|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$285,004|—|$285,004|

| THE HYAS GROUP|INVESTMENT ADVISOR|$102,813|—|$102,813|

| TRUCKER HUSS|ATTORNEY/LEGAL|$37,500|—|$37,500|

| MOSS ADAMS, LLP|INVESTMENT ADVISOR|$32,602|—|$32,602|

| CLIFTONLARSONALLEN, LLP|Auditor|$32,602|—|$32,602|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [TRUCKER HUSS](https://planprovider.pro/provider/trucker-huss-apc) — ATTORNEY/LEGAL

- [MOSS ADAMS, LLP](https://planprovider.pro/provider/milliman) — INVESTMENT ADVISOR

- [CLIFTONLARSONALLEN, LLP](https://planprovider.pro/provider/cliftonlarsonallen-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $905,583

- **Estimated Expense Ratio:** 0.033% 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|$650,022|$343,967|—|$32,602|—|

| 2023|$584,883|$191,068|—|$37,000|—|

| 2022|$804,661|$184,735|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/synopsys-inc-401k-plan)

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