Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

Convergys Corporation Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Concentrix Cvg Corporation · Ohio · Management of Enterprises

What the 2023 filing shows

Convergys Corporation Pension Plan holds $115M for 640 participants — about $179,877 per participant, down 2.7% over the 2024 plan year.

$115M
total plan assets (2024 EOY)
640
covered participants
$179,877
avg assets per participant
-2.7%
assets change YoY

The plan reported a net loss of $3M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$115M
Participants
640
State
Industry
Management of Enterprises

What the Filing Says About Convergys Corporation Pension Plan

Convergys Corporation Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Concentrix Cvg Corporation, headquartered in Ohio. As of the 2024 Form 5500 filing, the plan reports $115M in total end-of-year assets and covers 640 participants across the Management of Enterprises industry. The sponsor's EIN on file with the U.S. Department of Labor is 831746894, and the plan has been effective since 1999-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $118M at the beginning of 2024 to $115M at year-end — a decline of 2.7%. Net assets (after liabilities) closed the year at $115M, with reported net income of $-3,151,974 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$118M
Total Assets (End of Year)$115M
Net Assets (End of Year)$115M
Net Income$-3,151,974
Plan TypeDefined Benefit (Pension)
Employer EIN831746894
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Concentrix Cvg Corporation)

Year Plans Participants Total Assets
2022 2 19,312 $756M
2023 2 16,391 $916M
2024 2 17,387 $995M

Nearby Defined Benefit (Pension) Plans in Ohio

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Frequently Asked Questions

How much money is in the Convergys Corporation Pension Plan?
As of the 2024 Form 5500 filing, Convergys Corporation Pension Plan holds $115M in total assets with 640 participants. It is sponsored by Concentrix Cvg Corporation.
What type of plan is Convergys Corporation Pension Plan?
Convergys Corporation Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1999-01-01. The plan is filed with the U.S. Department of Labor under EIN 831746894.
Who sponsors the Convergys Corporation Pension Plan?
Convergys Corporation Pension Plan is sponsored by Concentrix Cvg Corporation, located in Ohio. The sponsor's EIN is 831746894 and the plan operates in the Management of Enterprises industry.
How did Convergys Corporation Pension Plan perform in 2024?
Convergys Corporation Pension Plan declined by 2.7% during 2024, moving from $118M to $115M in total assets. Net income was $-3,151,974.
Where can I find official filings for Convergys Corporation Pension Plan?
Official Form 5500 filings for Convergys Corporation Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 831746894 or plan name at efast.dol.gov.
How does Convergys Corporation Pension Plan compare to other plans?
You can compare Convergys Corporation Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 831746894.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.