Defined Benefit (Pension) · DOL Form 5500 · 2024

Concentrix Cvg Corporation Pension Plan

Data updated 2026-08-06

$115M
Total assets
640
Participants
91st
Percentile by assets
$179,877
Avg per participant
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Official DOL plan name: Convergys Corporation Pension Plan · Sponsored by Concentrix Cvg Corporation · Ohio · Management of Enterprises

$115M in assets, 640 participants

Concentrix Cvg Corporation's Convergys Corporation Pension Plan reported $115M in total assets and 640 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 116,472 plans)
  • #849 in Management of Enterprises (1,094 peers)

Where Convergys Corporation Pension Plan sits by assets

Convergys Corporation Pension Plan sits in the top 10% of all filed plans by assets, $115M for 640 participants (~$179,877/participant), down 2.7% in 2024.

$115M
total plan assets (2024 EOY)
640
covered participants
91st
percentile by assets (of 116,472 plans)
$179,877
avg assets per participant

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.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Convergys Corporation Pension Plan reported net income fell from $3M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
  • Convergys Corporation Pension Plan reported participants fell from 700 in the plan year 2023 filing to 640 in the plan year 2024 filing.
  • Convergys Corporation Pension Plan end-of-year assets fell from $118M in the plan year 2023 filing to $115M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Convergys Corporation Pension Plan vs the 2024 asset distribution

By assets, Convergys Corporation Pension Plan outranks 91% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.2x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

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

Sponsor Plan History (Concentrix Cvg Corporation)

$700M$800M$900M$1,000M$1,100M 202220232024 $756M $995M ▲ +31.5%
Total plan assets by year, all Concentrix Cvg Corporation plans on file
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

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Convergys Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Convergys Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants Convergys Corporatio…GE Aerospace Pension…Firstenergy Corp. Ma…American Electric Po…Parker Defined Benef…Nationwide Retiremen…
Convergys Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Convergys Corporation Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Convergys Corporation Pension Plan assets move in 2024?
Convergys Corporation Pension Plan edged down modestly - down 2.7% during 2024, from $118M to $115M. Reported net income was -$3M.
How have Concentrix Cvg Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Concentrix Cvg Corporation's sponsor-wide assets grew 31.5%, from $756M to $995M.
Where does Convergys Corporation Pension Plan rank by assets among Form 5500 filers?
Convergys Corporation Pension Plan ranks in the 91st percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Convergys Corporation Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Exeter Health Resources, Inc. Account Balance Pension Plan in NH ($115M, 1,331 participants).

Next read for Convergys Corporation Pension Plan

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