CONVERGE TECHNOLOGY SOLUTIONS US 401(K) PLAN Contribution & Employer Match

How CONVERGE TECHNOLOGY SOLUTIONS US, LLC Supports Your Retirement Savings

CONVERGE TECHNOLOGY SOLUTIONS US, LLC provides retirement savings benefits through CONVERGE TECHNOLOGY SOLUTIONS US 401(K) PLAN. Understanding your employer’s contribution structure is essential — it directly affects how quickly your retirement nest egg grows. Below you will find the plan’s average account values and contribution patterns based on publicly filed data.

CONVERGE TECHNOLOGY SOLUTIONS US 401(K) PLAN Average Participant Retirement Account Value

In 2024, the average participant retirement account value for CONVERGE TECHNOLOGY SOLUTIONS US 401(K) PLAN is $98,800.00

CONVERGE TECHNOLOGY SOLUTIONS US 401(K) PLAN Estimated Average Employee Contribution Amount

In 2024, the estimated average employee contribution amount per participant for CONVERGE TECHNOLOGY SOLUTIONS US 401(K) PLAN is $13,719.00. If you contribute an amount exceeding this, you have saved more than your colleagues. Congratulations! Keep up the good work. Otherwise, you might want to consider contributing more to ensure a better retirement future.
878,037.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 13,719.00 in CONVERGE TECHNOLOGY SOLUTIONS US 401(K) PLAN, assuming a 10%* annual return.

* Data are from public filings.

Employer Match in CONVERGE TECHNOLOGY SOLUTIONS US 401(K) PLAN

An employer match is one of the most valuable benefits in any 401(k) plan — it is essentially free money added to your retirement savings. Your employer contributes additional funds based on a percentage of your own contributions. Missing out on the full match is one of the most common and costly retirement mistakes employees make.

* Data are from public filings.

Are You Leaving Dollars on the Table?

If you are not contributing enough to capture the maximum employer match, you are literally turning down part of your compensation. For many plans, this can mean thousands of dollars per year in lost employer contributions — money that would compound over decades.

Use the policy details and calculator below to find out exactly how much you need to contribute to capture every dollar of employer matching.

CONVERGE TECHNOLOGY SOLUTIONS US 401(K) PLAN Contribution & Match Policy

CONVERGE TECHNOLOGY SOLUTIONS US 401(K) PLAN Plan Policies

CONVERGE TECHNOLOGY SOLUTIONS US 401(K) PLAN Contribution, Match and Other Plan Policies

  • Each participant may make pre-tax contributions and/or after-tax Roth contributions of up to 95% of eligible compensation, as defined by the Plan document, not to exceed a maximum of $23,000 in 2024, plus up to an additional $7,500 for participants who have reached at least 50 years of age by the end of the Plan year.
  • Upon satisfying the eligibility requirements, participants are automatically enrolled in the Plan at 3% of eligible compensation, unless the employee elects otherwise.
  • Participants may also contribute amounts representing distributions from other qualified defined benefit or defined contribution plans (rollovers).
  • The Company may elect to make a discretionary matching contribution.
  • The Company elected to make a discretionary matching contribution of 25% of each participant’s contribution to the Plan, up to a maximum of 6% of the participant’s total eligible compensation for the year ended December 31, 2024.
  • Participants are fully vested in their contributions and rollovers plus actual earnings and losses thereon.
  • Vesting in the Company contributions portion of their accounts is based on years of continuous service.
  • A participant vests 33% per year and is fully vested after three years of credited service.
  • All amounts become fully vested upon the participant’s attainment of normal retirement age, disability or death.

2025 IRS 401(k) Contribution Limits

The IRS sets annual limits on how much you and your employer can contribute to a 401(k) plan. Knowing these limits helps you maximize tax-advantaged savings. Here are the current limits:

 20242025
Employee elective deferrals (pretax + Roth)$23,000$23,500
Employee + employer contributions combined$69,000$70,000
Catch-up contributions (age 50+)$7,500$7,500
Enhanced catch-up (ages 60–63, SECURE 2.0)N/A$11,250

The power of maxing out: If you contribute the full $23,500 annually for 20 years at a 10% average annual return, you would accumulate approximately $1,505,256. If you can maximize the combined employee+employer limit of $70,000 per year, that grows to roughly $4,480,385 over the same period — more than triple.

Use the 401(k) Savings Calculator to model your specific contribution scenario and see how your savings can grow over time.

Get Key Insights for This Plan

Join our community and get data-driven insights about CONVERGE TECHNOLOGY SOLUTIONS US 401(K) PLAN. See how it compares to peer companies in fees, match generosity, and investment quality as soon as our new ranking reports go live.

Notify Me When Ratings Go Live

Explore More Plan Resources

Plan Login Directory Employer Match Guide Rollover Options Hub

Recent Articles

More Articles

Puzzled on what to invest?

  • We ask a few questions to decide your personal return and risk expectations
  • We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a  brokerage account
  • We monitor and send timely rebalance emails on what investment funds to buy and sell

Get Started

Looking for ideas to generate income?

  • ETF or mutual fund income portfolios for 4-7% annual income
  • Dividend stock funds
  • Passive real estate investments
  • more …

Click for tips and plans for income

Portfolio Calculator (Simulator)

Quickly enter fund allocation and get a back test result on the performance of this ‘lazy’ portfolio.

Customize Asset Allocation Portfolios

Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.

Retirement Calculator

See how much you can save for retirement.

Investment Calculator

Grow your wealth and see the power of compounding.


Looking for a (forgotten) 401(k)?

Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …

Keep researching CONVERGE TECHNOLOGY SOLUTIONS US 401(K) PLAN

Use the links below to move from this plan page into calculators, related retirement articles, and comparable plans in a similar industry or size band. That gives you a faster way to compare match design, fees, investments, and savings strategy in context.

Related Calculators

Related Plans