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FORM 5500 DATA

Computer Sciences Corporation Matched Asset Plan

Overview

Plan Information

  • Plan Year01/01/2015 — 12/31/2015
  • Date of Plan02/01/1967
  • Net Assets as of 12/31/2015 $2,570,741,933
  • Plan Number1
  • Plan Type Multiple Employer
  • Is the plan collectively bargained?Yes
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2015

  • Active (Eligible) Participants22,779
  • Retired or separated participants receiving benefits408
  • Other retired or separated participants entitled to future benefits19,198
  • Subtotal42,385
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits366
  • Total42,751
  • Total number of participants as of 01/01/201557,974
  • Number of participants with account balances31,937
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested542

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address1775 Tysons Blvd, Suite 900
  • CityTysons
  • StateVA
  • Zip22102
  • Telephone(703) 876-1000
  • EIN95-2043126
  • Industry Code541519
  • Named AdministratorEduardo Nunez
  • Named Plan SponsorNeil Manna

Plan Administrator Information

  • Administrator NameCsc Employee Benefits Fiduciary Committee
  • Address1775 Tysons Blvd, Suite 900
  • CityTysons
  • StateVA
  • Zip22102
  • Telephone(703) 876-1000
  • Administrator EIN91-2079975

Audit Information

  • Audit StatusAudited
  • AuditorJohnson Lambert, LLP
  • Auditor EIN52-1446779
  • Audit OpinionUnqualified
  • Audit Type Full Audit

Benefits Provided Under the Plan

Code Benefit Description
2H Partial participant-directed account plan Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J Code section 401(k) feature A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
2K Code section 401(m) arrangement Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
2O ESOP other than a leveraged ESOP An Employee Stock Ownership Plan (ESOP) is a type of employee benefit plan designed to invest primarily in employer stock.
2R Brokerage Window Participant-directed brokerage accounts provided as an investment option under the plan.
2S Automatic Enrollment Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? Yes $433
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $15,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $239,684,255
Contributions $206,886,030
Cash Contributions $206,886,030
Cash from Employers $29,183,615
Cash from Participants $164,867,345
Others (including rollovers) $12,835,070
Noncash Contributions $0
Total Earnings on Investments $32,798,225
Total Interest $7,669,450
Interest-Bearing Cash $0
U.S. Government Securities $2,320,071
Corporate Debt Instruments $3,607,691
Loans (other than to participants) $0
Participant Loans $1,575,859
Interest from Other Investments $165,829
Total Dividends $62,210,514
Preferred Stock $0
Common Stock $62,210,514
Rents $0
Net gain (loss) on sale of assets $9,939,780
Aggregate Proceeds $3,002,973,542
Aggregate Carrying Amount $2,993,033,762
Total Unrealized Appreciation (depreciation) of assets $126,298,160
Real Estate $0
Other $126,298,160
Net investment gain (loss) from common/collective trusts $-173,319,679
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $0
Other Income $0
Expenses $525,205,721
Total Benefit Payments $522,313,398
Directly to participants or beneficiaries, including direct rollovers $522,313,398
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $2,892,323
Professional Fees $0
Contract Administrator Fees $874,195
Investment Advisory and management fees $1,867,835
Other Administrative Fees $150,293
Net Income $-285,521,466
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $1,023,201,299

Asset and Liability Statement

12/31/2015 12/31/2014 Change YOY
Total Assets $2,595,586,866 $3,937,151,090 -34.07%
Total noninterest-bearing cash $0 $93,144 -100.00%
Receivables $24,490,369 $81,765,213 -70.05%
Employer Contributions $20,241,123 $0 0.0%
Participant Contributions $0 $0 0.0%
Other Contributions $4,249,246 $81,765,213 -94.80%
General Investments $309,790,408 $384,148,297 -19.36%
Interest-bearing cash $213,209,240 $288,019,341 -25.97%
U.S. Government Securities $96,581,168 $96,128,956 0.47%
Corporate Debt Instruments $80,265,233 $136,313,540 -41.12%
Preferred $0 $0 0.0%
All Other $80,265,233 $136,313,540 -41.12%
Corporate Stocks $250,652,282 $174,707,605 43.47%
Preferred $0 $0 0.0%
Common $250,652,282 $174,707,605 43.47%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $24,565,683 $46,135,799 -46.75%
Value of interest in common/collective trusts $1,627,294,467 $2,579,174,878 -36.91%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $69,881,840 $0 0.0%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $20,342,365 $5,628,289 261.43%
Employer-related Investments $188,304,219 $529,184,325 -64.42%
Employer Securities $188,304,219 $529,184,325 -64.42%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $24,844,933 $57,686,392 -56.93%
Benefit Claims Payable (1) $2,902,807 $9,070,441 -68.00%
Operating Payables (1) $1,947,104 $1,074,787 81.16%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $19,995,022 $47,541,164 -57.94%
Net Assets $2,570,741,933 $3,879,464,698 -33.73%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • T.Rowe Price Trust Company
  • Hewitt Financial Services LLC
  • Pershing, LLC
  • Pacific Investment Management Co.
  • Grantham, Mayo Van Otterloo & Co.

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
State Street Global Advisors Custodial (other than securities), Custodial (securities), Direct payment from the plan, Investment management fees paid directly by plan, Investment management fees paid indirectly by plan, Other fees NONE $728,735 $0 $728,735
Hewitt Associates, LLC Recordkeeping and information management (computing, tabulating, data processing, etc.), Direct payment from the plan NONE $589,526 $0 $589,526
Black Rock Financial Management Inc Investment management, Direct payment from the plan, Investment management fees paid directly by plan NONE $421,512 $0 $421,512
Mellon Capital Management Corp. Investment management, Direct payment from the plan, Investment management fees paid directly by plan, Securities brokerage commissions and fees NONE $256,252 $0 $256,252
Epoch Investment Partners Investment management, Direct payment from the plan, Investment management fees paid directly by plan, Soft dollars commissions NONE $243,764 $0 $243,764
Pyramis Global Advisors Investment management, Direct payment from the plan, Investment management fees paid directly by plan, Account maintenance fees, Soft dollars commissions NONE $240,405 $0 $240,405
Russell Trust Company Investment management, Direct payment from the plan, Investment management fees paid directly by plan NONE $164,203 $0 $164,203
Nepc, LLC Investment advisory (plan), Direct payment from the plan NONE $97,633 $0 $97,633
Total $2,742,030 $0 $2,742,030

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Eb Daily Liquidity Enhanced Asset Mellon Capital Management Corp DFE: Common/Collective Trust $319,792,147
Eb Daily Liquidity Stock Index Mellon Capital Management Corp DFE: Common/Collective Trust $287,180,148
Ssga Target Retirement 2025 Sl State Street Global Advisors DFE: Common/Collective Trust $163,806,706
Ssga Target Retirement 2020 Sl State Street Global Advisors DFE: Common/Collective Trust $149,449,854
Ssga Target Retirement 2030 Sl State Street Global Advisors DFE: Common/Collective Trust $127,001,688
Pyramis Select Global Equity Fidelity Institutional Asset Management Trust Company DFE: Common/Collective Trust $100,987,013
Ssga Target Retirement 2035 Sl State Street Global Advisors DFE: Common/Collective Trust $88,146,411
Ssga Target Retirement 2015 Sl State Street Global Advisors DFE: Common/Collective Trust $78,128,099
Eb Daily Liq Market Completion Fund Mellon Capital Management Corp DFE: Common/Collective Trust $64,606,507
Ssga Target Retirement 2040 Sl State Street Global Advisors DFE: Common/Collective Trust $58,922,888
Ssga Target Retirement Income Sl State Street Global Advisors DFE: Common/Collective Trust $48,943,697
Eb Dl Non Sl Tips Mellon Capital Management Corp DFE: Common/Collective Trust $47,392,634
Blackrock Global Allocation Blackrock DFE: Common/Collective Trust $36,585,807
Ssga Target Retirement 2045 Sl State Street Global Advisors DFE: Common/Collective Trust $27,609,386
Ssga Target Retirement 2050 Sl State Street Global Advisors DFE: Common/Collective Trust $22,590,203
Stable Value Common Trust Fund T. Rowe Price DFE: Common/Collective Trust $3,041,414
Ssga Target Retirement 2060 Sl State Street Global Advisors DFE: Common/Collective Trust $1,848,609
Ssga Target Retirement 2055 Sl State Street Global Advisors DFE: Common/Collective Trust $1,261,256
Ssga Target Retirement 2010 Sl State Street Global Advisors DFE: Common/Collective Trust $0
U.S. Inflation Pro Bond State Street Global Advisors DFE: Common/Collective Trust $0
Russell Equity I Fund Russell Trust Company DFE: Common/Collective Trust $0
Total $1,627,294,467

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.