2023 Form 5500 filing — The Cengage Learning, Inc. 401(K) Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240919110259NAL0005852625001) for The Cengage Learning, Inc. 401(K) Savings Plan, reported by Cengage Learning, Inc. under EIN 59-2124491 and plan number 001. It reports 5,663 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240919110259NAL0005852625001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cengage Learning, Inc.
- EIN
- 59-2124491
- Plan number
- 001
- Location
- Mason, OH
- Participants
- 5,663
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $595,638,547
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $595,638,547
- Employer contributions
- $11,696,857
- Participant contributions
- $31,187,840
- Total income / additions
- $140,085,991
- Benefits paid
- $49,439,945
- Administrative expenses
- $397,922
- Total expenses
- $49,844,729
- Net increase / (decrease)
- $90,241,262
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $184,579 | $0 |
| Strategic Advisors, Inc. | ADVISOR | $93,943 | not reported in the loaded dataset |
| Captrust Financial Advisors | INVESTMENT ADVISOR | $90,000 | not reported in the loaded dataset |
| Cohnreznick Llp | ACCOUNTANT/AUDITOR | $29,400 | not reported in the loaded dataset |