# Verisign, INC. 401(k) Plan
Source: https://planprovider.pro/companies/verisign-inc-401k-plan

> Verisign, INC.'s 401(k) plan: 863 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Verisign, INC.

- **Sponsor EIN:** 943221585

- **Sponsor Address:** 12061 BLUEMONT WAY, RESTON, VA, 20190

- **Plan Type:** 401(k)

- **Total Participants:** 863

- **Total Assets:** $568.9M

## 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|863|$568.9M|$6.0M|$16.1M|

| 2023|851|$497.5M|$5.8M|$15.6M|

| 2022|857|$407.6M|$5.5M|$14.2M|

## 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|

| COHNREZNICK LLP|Auditor|$26,400|—|$26,400|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $26,400

- **Estimated Expense Ratio:** 0.005% 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|$164,498|—|—|$26,400|—|

| 2023|$98,229|—|—|$24,300|—|

| 2022|$183,683|—|—|—|$23,300|

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