NISUM TECHNOLOGIES, INC. 401K PLAN Contribution & Employer Match

How NISUM TECHNOLOGIES, INC. Supports Your Retirement Savings

NISUM TECHNOLOGIES, INC. provides retirement savings benefits through NISUM TECHNOLOGIES, INC. 401K 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.

* 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.

NISUM TECHNOLOGIES, INC. 401K PLAN Contribution & Match Policy

1. Employee Contribution Rates: Employees can contribute up to 100 percent of their compensation, or a fixed amount determined annually by the Internal Revenue Service.

2. Employer Match/Contribution Conditions: The employer matches 50% of the first 3% of the Participant’s salary with a $3,000 cap annually. If participants contribute less than 3%, the employer matches 50% of their deferral contribution with a $3,000 cap annually.

3. Vesting Schedule/Eligibility: Employer matching contributions vest according to the following schedule: less than 2 years of service – 0%, 2 years – 20%, 3 years or more – 100%. Eligibility requires employees to be at least 21 years old and have completed three months of service.