Plan Ledger DOL Form 5500 · updated monthly

Verint Systems Inc.401(k)

VERINT SYSTEMS INC. 401(K) SAVINGS PLAN · MELVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Verint Systems Inc. reported $125,197 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,716 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.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.032%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other information & media employers. By assets it is the 258th-largest of 5,648 plans among New York employers on file, and the 114th of 2,199 in information & media. In 2024, employees put in $8.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$415,358,682
Participants with balances2,205
Active participants1,385
Employer contributions$2,376,554
Employee contributions$20,050,810
Employer contribution per active participant$1,716
Average account balance$188,371
Benefits paid to participants$38,694,279
Plan auditUnmodified (clean) audit opinion
AuditorBORIS BENIC AND ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$415.4M · 2,205 accts · $2.4M emplr
2023$362.0M · 2,230 accts · $2.4M emplr
2022$310.7M · 2,365 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,864
Investment management$84,333
Total administrative$125,197
The Verint Systems Inc. 401(k) match · 2024
Employer contribution per active participant$1,716
Median for plans this size$4,294
2024$1,716 per active participant
2023$1,765 per active participant
2022$1,720 per active participant

Verint Systems Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$84,333
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,664
CURCIO WEBB · Consulting$15,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$125,197 · 0.03%
2023$129,638 · 0.04%
2022$115,925 · 0.03%
Same employer
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Informa USA, Inc. NY$763.3M · 0.09%
Scholastic Corporation NY$626.6M · 0.07%
Macmillan Holdings, LLC NY$592.5M · 0.04%
A&E Television Networks, LLC NY$399.2M · 0.01%
Nbcuniversal, LLC NY$397.5M · 0.09%
Rainbow Media Holdings LLC NY$320.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113200514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.