Plan Ledger DOL Form 5500 · updated monthly

Verisign, Inc.401(k)

VERISIGN, INC. 401(K) PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Verisign, Inc. reported $164,498 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,985 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 2 years on file its reported administrative ratio fell from 0.04% to 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 65th-largest of 2,266 plans among Virginia employers on file, and the 519th of 13,661 in manufacturing. In 2024, employees put in $2.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$568,894,899
Participants with balances1,792
Active participants863
Employer contributions$6,028,273
Employee contributions$16,136,594
Employer contribution per active participant$6,985
Average account balance$317,464
Benefits paid to participants$30,160,515
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$568.9M · 1,792 accts · $6.0M emplr
2023$497.5M · 1,856 accts · $5.8M emplr
2022$407.6M · 1,891 accts · $5.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$137,298
Audit (IQPA)$26,400
Total administrative$164,498
The Verisign, Inc. 401(k) match · 2024
Employer contribution per active participant$6,985
Median for plans this size$4,294
2024$6,985 per active participant
2023$6,841 per active participant
2022$6,396 per active participant

Verisign, Inc.'s 2024 employer contribution ran above the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
T ROWE PRICE RPS INC · Recordkeeping · Trustee$137,298
COHNREZNICK LLP · Accounting / audit$26,400

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$164,498 · 0.03%
2023$98,229 · 0.02%
2022$183,683 · 0.04%
Same employer
Similar plansManufacturing · Virginia
Rolls Royce N.A. Inc. VA$1.9B · 0.04%
Leonardo Drs, Inc. VA$1.3B · 0.13%
Stihl Incorporated VA$398.3M · 0.09%
Carpenter Co. VA$348.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943221585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.