VeriSign, Inc. 401(k) Plan

Plan Name VeriSign, Inc. 401(k) Plan
Location Reston, VA
Asset Size $322MM
Number of Participants 1,000 – 4,999
Business Technology / Computers / Software
Participation rate 93.3%
Avg. deferral rate 9.5%
No. of funds offered 24
Investment Review Quarterly
True-up feature Yes
Match Vesting Period Immediate
Eligibility Immediate
Default deferral rate 6.0%
Default investment Retail Target-Date Fund (Indexed)
Auto-escalation Opt-Out
Systematic withdrawals No
Fee equalization Yes
Match Rate 50% of first 6% of salary
% receiving full match 90% or more
Max Employer Contribution 3.0%
   
Financial education:  
Saving/budgeting Yes
Investing strategies Yes
College saving Yes
Credit/debt mgt Yes
Tax/estate planning Yes
Retiree health costs/savings options Yes
   
Recordkeeper T. Rowe Price
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