Synopsys, Inc. Short Term Disability Benefit Plan — Form 5500 plan (Synopsys, Inc.)
Plain-English plan 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, Synopsys, Inc. Short Term Disability Benefit Plan is a benefit plan reported by Synopsys, Inc. under EIN 56-1546236 and plan number 526. The latest loaded filing year is 2023. The filing reports 2,214 participants and $1,504,185 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$1.4MPlan net assets, end of year$1,403,585
Participants2.2KCovered participants reported2,214
Assets / participant$679Computed: assets ÷ participants$679 (computed)
Provider compensation$91K2 Schedule C provider row(s)$90,987
- Plan sponsor
- Synopsys, Inc.
- EIN
- 56-1546236
- Plan number
- 526
- Plan type
- 2
- Location
- Sunnyvale, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,214 | H, C | 20241012094550NAL0023358545004 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$1.5M total assets
Net assets$1.4MLiabilities$100.6K
Full reported line items
Net assets
- Total assets (EOY)
- $1,504,185
- Total liabilities (EOY)
- $100,600
- Net assets (EOY)
- $1,403,585
- Net assets (BOY)
- $967,487
Income & contributions
- Participant contributions
- $1,202,547
- Total contributions
- $1,202,547
- Total income / additions
- $1,202,547
Expenses & distributions
- Benefits paid
- $675,462
- Administrative expenses
- $90,987
- Total expenses
- $766,449
- Net increase / (decrease)
- $436,098
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets55%Computed ratio
Benefits paid ÷ total income56%Computed ratio
Provider comp. ÷ net assets6%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Larkin Company | N/A | $60,599 | not reported in the loaded dataset | 2023 |
| Moss Adams Llp | N/A | $30,388 | not reported in the loaded dataset | 2023 |