How big is Hexaware Technologies, Incorporated's plan?

Hexaware Technologies, Incorporated's plan reported $34.7M in assets and 1,880 participants for 2024.

Original filing (PDF)20250905095439NAL0010281171001

Hexaware Technologies, Incorporated

Name: Hexaware Technologies, Incorporated — Hexaware, Form 5500 (2024)
Creator: Hexaware Technologies, Incorporated
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Hexaware Technologies, Incorporated Retirement Plan

401(k) retirement plan · Hexaware Technologies, Incorporated's Hexaware Technologies, Incorporated Retirement Plan held $34.7M in plan assets for 1,880 participants in 2024, with Empower as recordkeeper.

Signals · 2

29% in single holdingCorrective distributions issued

Active participants

1,880

Accounts w/ balance

896

Plan assets (EOY)

$34.7M

Net assets (EOY)

$34.7M

People on this filing

Kalpesh Bhatt signed Hexaware Technologies, Incorporated's 2024 Form 5500 as plan administrator.

Kalpesh Bhatt — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Hexaware Technologies, Incorporated's EIN is 22-3301374.

EIN 22-3301374

Plan number 001

Plan year 2024

ACK ID 20250905095439NAL0010281171001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Hexaware Technologies, Incorporated from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Hexaware Technologies, Incorporated's plan includes ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for HEXAWARE TECHNOLOGIES, INCORPORATED.

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How this plan invests

This plan

27 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Corrective distributions issued (likely failed ADP/ACP testing).
Total administrative cost in the bottom quartile of peers (18th percentile).
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (5th percentile).
Bottom-decile employer contributions per participant (5th percentile).

Plan sponsor

Name

HEXAWARE TECHNOLOGIES, INCORPORATED

EIN

all filings

Address

101 WOOD AVENUE SOUTH · SUITE 600 · ISELIN, NJ · 08830

Phone

(609) 409-6950

Industry

Custom Computer Programming· Professional & Technical Services

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-09-05

Pension benefit codes

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

3H · Sponsor in controlled / affiliated group

Audit & trust (Schedule H)

Service providers (Schedule C)

5 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
EMPOWER ANNUITY INS CO OF AMERICA	—	GREENWOOD VILLAGE, CO	RECORDKEEPER	$109K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
EMPOWER ADVISORY GROUP	—	GREENWOOD VILLAGE, CO	INVESTMENT MANAGEMENT	$69K

Investments

27 direct securities· $32.7M(94% of reported assets)

Mutual Funds

$20.5M

9 holdings

Other securities

$9.7M

15 holdings

Common Collective Trusts

$1.4M

1 holding

Stable Value

$889K

1 holding

Bonds / Notes

$296K

1 holding

					% of plan
Vanguard Large Cap Index Adm Mutual Fund	Mutual Funds	—	—	$10.0M	28.9%
Vanguard Small Cap Index Adm Mutual Fund	Mutual Funds	—	—	$2.8M	8.2%
Vanguard Total Bond Market Index Adm Mutual Fund	Mutual Funds	—	—	$2.1M	6.1%
American Funds Europacific Gr R6 Mutual Fund	Mutual Funds	—	—	$2.0M	5.8%
Pioneer Fundamental Growth K Mutual Fund	Other securities	—	—	$1.5M	4.4%
American Funds New Perspective R6 Mutual Fund	Mutual Funds	—	—	$1.5M	4.3%
Empower International Value Instl Mutual Fund	Other securities	—	—	$1.4M	4.1%
Blackrock Lifepath Index 2045 K Mutual Fund	Common Collective Trusts	—	—	$1.4M	4.1%
Invesco Diversified Dividend R6 Mutual Fund	Mutual Funds	—	—	$1.0M	2.9%
Blackrock Lifepath Index 2055 K Mutual Fund	Other securities	—	—	$900K	2.6%
T. Rowe Price Dividend Growth I Mutual Fund	Other securities	—	—	$892K	2.6%
Key Guaranteed Portfolio Fund Guaranteed Investment Contract	Stable Value	—	—	$889K	2.6%
American Century Mid Cap Value R6 Mutual Fund	Other securities	—	—	$737K	2.1%
Blackrock Lifepath Index 2035 K Mutual Fund	Other securities	—	—	$719K	2.1%
Blackrock Lifepath Index 2050 K Mutual Fund	Other securities	—	—	$712K	2.1%
Blackrock Lifepath Index 2040 K Mutual Fund	Other securities	—	—	$674K	1.9%
Empower Agg Profile Fund Inst Mutual Fund	Other securities	—	—	$580K	1.7%
Blackrock Lifepath Index Retirement K Mutual Fund	Other securities	—	—	$578K	1.7%
Empower Mod Profile Fund Inst Mutual Fund	Other securities	—	—	$451K	1.3%
Pimco Income Instl Mutual Fund	Mutual Funds	—	—	$432K	1.2%
Notes receivable from participants Bearing interest at 5.25%-9.50% -	Bonds / Notes	—	—	$296K	0.9%
Pimco Total Return Instl Mutual Fund	Mutual Funds	—	—	$286K	0.8%
Janus Henderson Venture I Mutual Fund	Mutual Funds	—	—	$264K	0.8%
Undiscovered Mgrs Behavioral Value R6 Mutual Fund	Other securities	—	—	$211K	0.6%
Columbia Quality Income Instl 3 Mutual Fund	Other securities	—	—	$92K	0.3%
Blackrock Lifepath Index 2030 K Mutual Fund	Other securities	—	—	$80K	0.2%
Empower Con Profile Fund Inst Mutual Fund	Other securities	—	—	$78K	0.2%