Employers › Gen Digital
Recordkeeping fees per participant · Gen Digital Inc. 401(k) Plan · plan year 2024
$40.13
Higher than 65% of the 790 plans over $1B that report it.
= $219,204 / 5,462
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008155201NAL0005785265001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008155201NAL0005785265001, received 2025-10-08
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-08.
Administrative expenses excluding investment management, per participant
$79.86
Higher than 84% of the 1,045 plans over $1B that report it.
= $436,207 / 5,462
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008155201NAL0005785265001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008155201NAL0005785265001, received 2025-10-08
Administrative expenses per participant
$79.86
Higher than 59% of the 1,076 plans over $1B that report it.
= $436,207 / 5,462
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008155201NAL0005785265001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008155201NAL0005785265001, received 2025-10-08
Administrative expenses as a share of assets
0.040%
Higher than 44% of the 1,076 plans over $1B that report it.
= $436,207 / $1,078,505,824
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008155201NAL0005785265001, received 2025-10-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008155201NAL0005785265001, received 2025-10-08
Employer contributions per participant
$740
Higher than 3% of the 1,135 plans over $1B that report it.
= $4,043,596 / 5,462
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008155201NAL0005785265001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008155201NAL0005785265001, received 2025-10-08
Employer share of total contributions
19.1%
Higher than 9% of the 1,135 plans over $1B that report it.
= $4,043,596 / $21,143,968
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008155201NAL0005785265001, received 2025-10-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008155201NAL0005785265001, received 2025-10-08
Employer match
“We match the first 3.5% of a participant’s eligible compensation up to $6,000 in a calendar year.”
Form 10-K filed 2026-05-21, for the year ended 2026-04-03 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2026-04-03. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251008155201NAL0005785265001, received 2025-10-08
| Field | Value | Source |
|---|---|---|
| Plan sponsor | GEN DIGITAL INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Plan name | GEN DIGITAL INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Sponsor EIN / plan number | 77-0181864 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Sponsor location | TEMPE, AZ | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Industry (business code) | 541519, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Filing received | 2025-10-08 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Participants, beginning of year | 6,354 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Active participants | 982 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Participants, end of year | 5,512 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Participants with an account balance | 5,462 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Total assets, beginning of year | $995,834,111 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Total assets, end of year | $1,078,505,824 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Net assets, end of year | $1,078,502,074 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Total income | $183,786,455 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Net income | $82,676,899 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Employer contributions | $4,043,596 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Participant contributions | $15,124,169 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Other contributions (incl. rollovers) | $1,976,203 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Total contributions | $21,143,968 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Benefit payments | $100,688,279 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Total expenses (incl. benefit payments) | $101,109,556 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Total administrative expenses | $436,207 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Contract administrator fees | $4,200 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Recordkeeping fees | $219,204 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| IQPA audit fees | $47,250 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Administrative expenses excluding investment management | $436,207 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Held in common/collective trusts | $606,764,665 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Held in mutual funds | $436,999,137 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251008155201NAL0005785265001, received 2025-10-08 |
| Independent auditor | BAKER TILLY US LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251008155201NAL0005785265001, received 2025-10-08 |
Position = column in the DOL layout for form year 2024. Filing 20251008155201NAL0005785265001, received 2025-10-08.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $227,084 | yes |
| MORGAN STANLEY CAPITAL MANAGEMENT, | CONSULTANT | 16 Consulting (general) | $83,059 | no |
| VENABLE LLP | LEGAL | 29 Legal | $76,494 | no |
| MOSS ADAMS LLP | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $47,250 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251008155201NAL0005785265001, received 2025-10-08.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $995,834,111 | $1,078,505,824 | 8.3% |
| Participants with a balance | 6,226 | 5,462 | -12.3% |
| Administrative expenses | $364,439 | $436,207 | 19.7% |
| Recordkeeping fees per participant | $36.21 | $40.13 | 10.8% |
| Employer contributions | $3,150,915 | $4,043,596 | 28.3% |
Prior filing 20241011141447NAL0011009523001, received 2024-10-11; the plan years are contiguous.
Sponsor name as filed: GEN DIGITAL INC.; SEC registrant: Gen Digital Inc. (CIK 849399, matched by EIN; display name from the Form 10-K cover).