GLOBAL PAYMENTS INC. 401(K) PLAN
Plan Contact
- Address: 5995 WINDWARD PARKWAY,ALPHARETTA,GA
- Contact person: CY HARRISON
- Phone: (770) 829-8000
Plan General Information
GLOBAL PAYMENTS INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of GLOBAL PAYMENTS INC. 401(K) PLAN is $2,053,764,531.00.This plan was established in 2001.
GLOBAL PAYMENTS INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in GLOBAL PAYMENTS INC. 401(K) PLAN is 19865
GLOBAL PAYMENTS INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for GLOBAL PAYMENTS INC. 401(K) PLAN is $103,386.00
GLOBAL PAYMENTS INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for GLOBAL PAYMENTS INC. 401(K) PLAN is $6,429.00.
GLOBAL PAYMENTS INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in GLOBAL PAYMENTS INC. 401(K) PLAN is approximately $2,712.00
Investing in this additonal $2,712.00 for 20 years would give you extra $173,596.00, assuming a 10% annual return.
Investing in this additonal $2,712.00 for 20 years would give you extra $173,596.00, assuming a 10% annual return.
GLOBAL PAYMENTS INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, GLOBAL PAYMENTS INC. 401(K) PLAN allocates $53,882,574.00 to match its employees' contributions, providing an employer match rate of 53.80% of their contributions
GLOBAL PAYMENTS INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of GLOBAL PAYMENTS INC. 401(K) PLAN is 16.62%.
GLOBAL PAYMENTS INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for GLOBAL PAYMENTS INC. 401(K) PLAN is 19.78%. This measures the effectiveness of the plan participants' investments in the year.
GLOBAL PAYMENTS INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of GLOBAL PAYMENTS INC. 401(K) PLAN is 0.03%.
Enrollment Features
GLOBAL PAYMENTS 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.
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