GEN DIGITAL INC. 401(K) PLAN

Plan Contact

  • Address: 60 E. RIO SALADO PARKWAY,,TEMPE,AZ
  • Contact person: KRISTEN FORGET
  • Phone: (800) 457-1664

Plan General Information

GEN DIGITAL INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of GEN DIGITAL INC. 401(K) PLAN is $995,834,111.00.This plan was established in 1988.

GEN DIGITAL INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in GEN DIGITAL INC. 401(K) PLAN is 6777

GEN DIGITAL INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for GEN DIGITAL INC. 401(K) PLAN is $146,943.00

GEN DIGITAL INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for GEN DIGITAL INC. 401(K) PLAN is $4,709.00.

GEN DIGITAL INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in GEN DIGITAL INC. 401(K) PLAN is approximately $464.00
Investing in this additonal $464.00 for 20 years would give you extra $29,756.00, assuming a 10% annual return.

GEN DIGITAL INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, GEN DIGITAL INC. 401(K) PLAN allocates $3,150,915.00 to match its employees' contributions, providing an employer match rate of 19.75% of their contributions

GEN DIGITAL INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of GEN DIGITAL INC. 401(K) PLAN is 9.97%.

GEN DIGITAL INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for GEN DIGITAL INC. 401(K) PLAN is 19.37%. This measures the effectiveness of the plan participants' investments in the year.

GEN DIGITAL INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of GEN DIGITAL INC. 401(K) PLAN is 0.04%.

Enrollment Features

GEN DIGITAL INC. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.

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