VERIFONE, INC. 401(K) RETIREMENT SAVINGS & INVESTMENT PLAN
- Address: 2744 UNIVERSITY DRIVE,CORAL SPRINGS,FL
- Contact person: RACHEL ANSTAETT
- Phone: (800) 873-4366
VERIFONE, INC. 401(K) RETIREMENT SAVINGS & INVESTMENT 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.
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.
At the end of 2022, the total retirement plan assets of VERIFONE, INC. 401(K) RETIREMENT SAVINGS & INVESTMENT PLAN is $145,074,628.00.This plan was established in 2001.
At the end of 2022, the total number of retirement plan participants in VERIFONE, INC. 401(K) RETIREMENT SAVINGS & INVESTMENT PLAN is 1485
In 2022, the average participant retirement account value for VERIFONE, INC. 401(K) RETIREMENT SAVINGS & INVESTMENT PLAN is $97,693.00
In 2022, the estimated average employee contribution amount per participant for VERIFONE, INC. 401(K) RETIREMENT SAVINGS & INVESTMENT PLAN is $3,877.00
In 2022, the estimated average employer match for an employee in VERIFONE, INC. 401(K) RETIREMENT SAVINGS & INVESTMENT PLAN is approximately $1,690.00
In 2022, VERIFONE, INC. 401(K) RETIREMENT SAVINGS & INVESTMENT PLAN allocates $2,511,053.00 to match its employees' contributions, providing an employer match rate of 42.63% of their contributions
In 2022, the total retirement plan asset growth rate of VERIFONE, INC. 401(K) RETIREMENT SAVINGS & INVESTMENT PLAN is -22.32%
In 2022, the estimated aggregate retirement account investment gain/loss for VERIFONE, INC. 401(K) RETIREMENT SAVINGS & INVESTMENT PLAN is -17.63%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of VERIFONE, INC. 401(K) RETIREMENT SAVINGS & INVESTMENT PLAN is 0.11%.
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