VeriSign, Inc. 401(k) Plan
Plan Name | VeriSign, Inc. 401(k) Plan |
Location | Reston, VA |
Asset Size | $322MM |
Number of Participants | 1,000 – 4,999 |
Business | Technology / Computers / Software |
Participation rate | 93.3% |
Avg. deferral rate | 9.5% |
No. of funds offered | 24 |
Investment Review | Quarterly |
True-up feature | Yes |
Match Vesting Period | Immediate |
Eligibility | Immediate |
Default deferral rate | 6.0% |
Default investment | Retail Target-Date Fund (Indexed) |
Auto-escalation | Opt-Out |
Systematic withdrawals | No |
Fee equalization | Yes |
Match Rate | 50% of first 6% of salary |
% receiving full match | 90% or more |
Max Employer Contribution | 3.0% |
Financial education: | |
Saving/budgeting | Yes |
Investing strategies | Yes |
College saving | Yes |
Credit/debt mgt | Yes |
Tax/estate planning | Yes |
Retiree health costs/savings options | Yes |
Recordkeeper | T. Rowe Price |