Plan Snapshot
- Plan Sponsor: Nice Systems, INC.
- Sponsor EIN: 770250126
- Sponsor Address: 221 RIVER ST, 10TH FL, HOBOKEN, NJ, 07030
- Plan Type: 401(k)
- Total Participants: 3,290
- Total Assets: $545.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,290 | $545.1M | $11.0M | $36.6M |
| 2023 | 3,162 | $469.4M | $10.1M | $34.0M |
| 2022 | 3,176 | $386.1M | $10.3M | $32.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $413,963 | — | $413,963 |
| RESOURCES INVESTMENT ADVISORS | NONE | $353,503 | — | $353,503 |
| MORNINGSTAR INC | NONE | $207,966 | — | $207,966 |
| TRAVELLER AND COMPANY, LLC | NONE | $14,195 | — | $14,195 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- RESOURCES INVESTMENT ADVISORS — NONE
- MORNINGSTAR INC — NONE
- TRAVELLER AND COMPANY, LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $989,627
- Estimated Expense Ratio: 0.182% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $989,990 | $700,188 | — | $14,195 | — |
| 2023 | $897,753 | $605,238 | $41,730 | — | — |
| 2022 | $791,459 | $425,983 | — | — | $42,521 |