Verint Systems Inc. 401(K) Savings Plan — Form 5500 plan (Verint Systems Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Verint Systems Inc. 401(K) Savings Plan is a benefit plan reported by Verint Systems Inc. under EIN 11-3200514 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,432 participants and $362,000,195 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Verint Systems Inc.
EIN
11-3200514
Plan number
001
Plan type
2
Location
Melville, NY
Latest filing year
2023
Participants
2,432
End-of-year plan assets
$362,000,195

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,432H, C20240730161422NAL0013614995001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$362,000,195
Total liabilities (EOY)
$0
Net assets (EOY)
$362,000,195
Net assets (BOY)
$310,663,692

Income & contributions

Employer contributions
$2,384,392
Participant contributions
$19,474,471
Total contributions
$22,945,784
Total income / additions
$86,701,589

Expenses & distributions

Benefits paid
$35,223,050
Administrative expenses
$129,638
Total expenses
$35,365,086
Net increase / (decrease)
$51,336,503

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$106,312not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$23,326$02023

Related Form 5500 pages