CONDUENT SAVINGS PLAN
Plan Contact
- Address: 100 CAMPUS DRIVE, SUITE 200,FLORHAM PARK,NJ
- Phone: (844) 663-2638
Plan General Information
CONDUENT SAVINGS PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of CONDUENT SAVINGS PLAN is $1,004,025,353.00.This plan was established in 1989.
CONDUENT SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in CONDUENT SAVINGS PLAN is 34360
CONDUENT SAVINGS PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for CONDUENT SAVINGS PLAN is $29,220.00
CONDUENT SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for CONDUENT SAVINGS PLAN is $1,304.00.
CONDUENT SAVINGS PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in CONDUENT SAVINGS PLAN is approximately $161.00
Investing in this additonal $161.00 for 20 years would give you extra $10,341.00, assuming a 10% annual return.
Investing in this additonal $161.00 for 20 years would give you extra $10,341.00, assuming a 10% annual return.
CONDUENT SAVINGS PLAN Total Employer Contribution and Match Rate
In 2023, CONDUENT SAVINGS PLAN allocates $5,552,198.00 to match its employees' contributions, providing an employer match rate of 11.71% of their contributions
CONDUENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of CONDUENT SAVINGS PLAN is 2.18%.
CONDUENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for CONDUENT SAVINGS PLAN is 9.18%. This measures the effectiveness of the plan participants' investments in the year.
CONDUENT SAVINGS PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of CONDUENT SAVINGS PLAN is 0.10%.
Enrollment Features
CONDUENT SAVINGS PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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