Convergys Corporation 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2017. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Convergys Corporation 401(k) Plan Facts (plan year 2017)

Plan name
CONVERGYS CORPORATION RETIREMENT AND SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CONVERGYS CORPORATION
Participants
34,079 (21,505 active employees)
Former employees with a balance
6,564
Plan assets
$498,490,587 at Dec 31, 2017
Average account balance
$46,510 across 10,718 accounts
Employer contributions
$6,948,079 in plan year 2017 (30% of all contributions)
Plan year
Jan 1, 2017 – Dec 31, 2017
Plan established
Jan 1, 1981
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2017 (Jan 1, 2017 – Dec 31, 2017), filed Jul 2, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2017

  • $22.9 million went into the plan in contributions, $6.95 million of it from the employer (30%).
  • $46.3 million was paid out to participants.
  • Investment and other income added $76.7 million.
  • Administrative expenses were $660,275, about $62 per account.

How the Convergys Corporation 401(k) changed, 2012–2017

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201241,135$414.7 million$5.89 million$117.3 million
201339,503$446.4 million$5.00 million$70.8 million
201432,385$433.1 million$6.70 million$58.8 million
201531,779$434.4 million$7.41 million$47.6 million
201639,665$445.8 million$7.35 million$44.3 million
201734,079$498.5 million$6.95 million$46.3 million

Convergys Corporation 401(k) Contact Information

Phone
513-723-7000
Mailing address
201 EAST FOURTH ST., CINCINNATI OH 45202
Plan sponsor
CONVERGYS CORPORATION
Employer identification number (EIN)
31-1598292
Plan number
002

Questions about the Convergys Corporation 401(k)

Is the Convergys Corporation 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2017, and no later filing was found under this employer's EIN.

Does Convergys Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2017 the employer contributed $6.95 million, 30% of all contributions.

Does the Convergys Corporation 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Convergys Corporation 401(k) plan?

34,079 participants at the start of plan year 2017, 21,505 of them active employees, and 6,564 former employees who still had money in the plan.

What is the average 401(k) balance at Convergys Corporation?

About $46,510 per account: $498.5 million in plan assets across 10,718 accounts with a balance at the end of plan year 2017.

Who manages the Convergys Corporation 401(k) accounts?

Fidelity NetBenefits is the plan's recordkeeper, which is where participants log in to see their balance.

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