Plan Ledger DOL Form 5500 · updated monthly

Nuance Communications, Inc.401(k)

NUANCE COMMUNICATIONS, INC. 401(K) PLAN · BURLINGTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.08%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Nuance Communications, Inc. reported $538,829 in plan administrative expenses for 2022: 0.08% of average plan assets, above the peer median. Employer contributions averaged $3,643 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other manufacturing employers. By assets it is the 99th-largest of 2,726 plans among Massachusetts employers on file, and the 482nd of 13,661 in manufacturing. In 2022, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$629,216,782
Participants with balances6,981
Active participants5,016
Employer contributions$18,271,462
Employee contributions$43,723,527
Employer contribution per active participant$3,643
Average account balance$90,133
Benefits paid to participants$49,726,032
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $12.4M emplr
2022$629.2M · 6,981 accts · $18.3M emplr
The Nuance Communications, Inc. 401(k) match · 2022
Employer contribution per active participant$3,643
Median for plans this size$4,065

Nuance Communications, Inc.'s 2022 employer contribution ran below the $4,065 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$538,829 · 0.08%
Same employer
Similar plansManufacturing · Massachusetts
Ccl Label, Inc. MA$645.3M · 0.09%
Netscout Systems, Inc. MA$645.1M · 0.06%
Acushnet Company MA$637.7M · 0.05%
Instrumentation Laboratory MA$537.6M · 0.04%
Hp Hood LLC MA$452.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943156479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.