IQVIA Benefits Handbook
BACKGROUND ON THE 401(K) PLAN
The IQVIA 401(k) Plan was created effective January 1, 2018 by the merger of the IMS Health Incorporated Savings Plan (the "IMS 401(k)") with and into the Quintiles 401(k) Plan (the "Quintiles 401(k)") following the merger of the two companies. The merged 401(k) Plan was renamed the IQVIA 401(k) Plan with all legacy IMS and Quintiles employees now participating in the single 401(k) plan. As part of the plan merger, all IMS 401(k) Plan accounts were automatically transferred to the IQVIA 401(k) Plan effective January 1, 2018.
In connection with the merger of the IMS and Quintiles 401(k) Plans, certain aspects of both plans were amended under the new IQVIA 401(k) Plan. This summary describes those changes and the overall operation of the IQVIA 401(k) Plan.
In addition, assets from the Q Squared 401(k) Plan were merged in to the IQVIA 401(k) Plan as of May 6, 2022.
For information about your legal rights under ERISA and other important administrative details, see the Administrative Information section. The Administrative Information section on the 401(k) Plan along with the 401(k) Plan information included here form an ERISA Summary Plan Description (SPD) for the 401(k) Plan. To contact the Plan Administrator, use the information listed in the Contacts section. To see the summary annual report for the 401(k) Plan, it can be found in the employee handbook on the IQ intranet site.