NICE SYSTEMS, INC. 401(K) PLAN

  • Address: 461 FROM ROAD, 3RD FLOOR,PARAMUS,NJ
  • Contact person: SELENE RODRIGUEZ
  • Phone: (201) 549-1622

NICE SYSTEMS, INC. 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

At the end of 2022, the total retirement plan assets of NICE SYSTEMS, INC. 401(K) PLAN is $386,055,779.00.This plan was established in 1995.

At the end of 2022, the total number of retirement plan participants in NICE SYSTEMS, INC. 401(K) PLAN is 2910

In 2022, the average participant retirement account value for NICE SYSTEMS, INC. 401(K) PLAN is $132,665.00

In 2022, the estimated average employee contribution amount per participant for NICE SYSTEMS, INC. 401(K) PLAN is $13,767.00

In 2022, the estimated average employer match for an employee in NICE SYSTEMS, INC. 401(K) PLAN is approximately $3,529.00

In 2022, NICE SYSTEMS, INC. 401(K) PLAN allocates $10,272,122.00 to match its employees' contributions, providing an employer match rate of 32.10% of their contributions

In 2022, the total retirement plan asset growth rate of NICE SYSTEMS, INC. 401(K) PLAN is 57.93%

In 2022, the estimated aggregate retirement account investment gain/loss for NICE SYSTEMS, INC. 401(K) PLAN is 54.67%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of NICE SYSTEMS, INC. 401(K) PLAN is 0.21%.

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