401(k) · DOL Form 5500 · 2023

Mphasis Corporation 401(k) Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
5,633
Participants Above avg headcount
89th
Percentile by assets National rank
$12,425
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mphasis Corporation 401(k) Plan · Sponsored by Mphasis Corporation · Florida · Professional & Technical Services

$70M in assets, 5,633 participants

Mphasis Corporation's Mphasis Corporation 401(k) Plan reported $70M in total assets and 5,633 participants in its 2023 DOL Form 5500 filing, ranking in the 89th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #18,250 in Professional & Technical Services (20,321 peers)

Coverage in Florida

Mphasis Corporation 401(k) Plan covers 5,633 participants in Florida, 9.0x the typical Florida plan (state average ~628 per filing). Assets: $70M.

#18,250
in Professional & Technical Services (20,321 peers)
+46.1%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Mphasis Corporation 401(k) Plan's outsized position by total assets

Mphasis Corporation 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$69,988,238 Top 11% higher than 89% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Mphasis Corporation 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mphasis Corporation 401(k) Plan lands in the large band (5,633 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mphasis Corporation 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Mphasis Corporation 401(k) Plan end-of-year assets rose from $48M in the plan year 2022 filing to $70M in the plan year 2023 filing.
  • Mphasis Corporation 401(k) Plan reported participants rose from 4,361 in the plan year 2022 filing to 5,633 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 954759720 · Mphasis Corporation PY 2023 · 401(k)

Mphasis Corporation 401(k) Plan · $70M · 5,633 · 89th

  • EIN $70M
  • RANK 5,633
  • PHOTO 89th
  • IND 401(k)
  • EOY near Equipment & Controls, Inc. 401(k) Retirement Plan
  • 5500 ind #18250

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Florida →

Mphasis Corporation 401(k) Plan in the asset neighbourhood

Vigor Industrial LLC Savings PlanVigor Industrial LLC Savings…$70MMphasis Corporation 401(k) PlanMphasis Corporation 401(k) P…$70MEquipment & Controls, Inc. 401(k) Retirement PlanEquipment & Controls, Inc. 4…$70MProfit Sharing & 401(k) Retirement Plan Local 567Profit Sharing & 401(k) Reti…$70MVera Bradley Designs, Inc. Profit Sharing 401(k) PlanVera Bradley Designs, Inc. P…$70M
End-of-year total assets ($M) among Mphasis Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$70M
Net Income$16M
Employer EIN954759720
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mphasis Corporation)

Sponsor-wide plan assets over time

All Mphasis Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$85M 77.3334607983828% vs 2022
2024 filing year
$40M$60M$80M$100M 202220232024 $47.9M $85M ▲ +77.3%
Year Plans Participants Total Assets
2022 1 4,361 $48M
2023 1 5,633 $70M
2024 1 3,782 $85M

Nearby 401(k) Plans in Florida

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Mphasis Corporation 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Mphasis Corporation 401(k) Plan, Total assets ($B): 0.069988238 · Participants: 5633Mphasis Corporation 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Mphasis Corporation 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Scale composition for Mphasis Corporation 401(k) Plan

Mphasis Corporation 401(k) Plan reports $70M in end-of-year assets across 5,633 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $12,425 per participant (9% of the national average assets-per-participant) . Net income for plan year 2023 was $16M.

This plan identity (EIN 954759720, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $48M to $85M (+77.3%) while covered participants moved from 4,361 to 3,782 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,361 $48M Open filing
2023 5,633 $70M This page
2024 · index core 3,782 $85M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Mphasis Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Equipment & Controls, Inc. 401(k) Retirement Plan in PA ($70M); by covered participants it is Ingenovis Health 401(k) Plan in CO (5,635 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,633 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mphasis Corporation 401(k) Plan assets move in 2023?
Mphasis Corporation 401(k) Plan surged - up 46.1% during 2023, from $48M to $70M. Reported net income was $16M.
How have Mphasis Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Mphasis Corporation's sponsor-wide assets grew 77.3%, from $48M to $85M.
Where does Mphasis Corporation 401(k) Plan rank by assets among Form 5500 filers?
Mphasis Corporation 401(k) Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mphasis Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Equipment & Controls, Inc. 401(k) Retirement Plan in PA ($70M, 310 participants).
Which 401(k) plans cover a similar participant headcount to Mphasis Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Ingenovis Health 401(k) Plan in CO (5,635 participants, $51M in assets).