Avid Technology 401(k) match, vesting and fees
What Avid Technology's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Cbiz Cpas P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.
| Avid Technology: employer contribution per participant | $1,664 | |
| Peer median | $2,038 |
| Avid Technology: average balance | $281,856 | |
| Peer median | $72,907 |
| Avid Technology: admin expenses ÷ assets | 0.01% | |
| Peer median | 0.20% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $266M at the end of plan year 2021 to $242M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 910 | $242M | $1.4M | $1,664 | 0.01% | Not published | Form 5500 ↗ |
| 2023 | 1,033 | $239M | $1.9M | $1,937 | — | Not published | Form 5500 ↗ |
| 2022 | 1,118 | $207M | $1.9M | $1,834 | <0.01% | Not published | Form 5500 ↗ |
| 2021 | 1,130 | $266M | $728K | $703 | — | Not published | Form 5500 ↗ |
Common questions
Does Avid Technology match 401(k) contributions?
The match terms for the Avid Technology, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.4M in employer contributions, about $1,664 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Avid Technology 401(k) match vested?
The vesting schedule for the Avid Technology, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Avid Technology 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Avid Technology, Inc..
I left Avid Technology. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Avid Technology, Inc., (978) 640-3029) or the recordkeeper, Fidelity Investments Institutional. The Avid Technology old 401(k) page lists the contacts from every plan filing. Find an old Avid Technology 401(k)
Data from the public Form 5500 annual reports Avid Technology filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Avid Technology. Not financial advice. Report a correction · Methodology