Your 2024 Benefits Resource

401(k) Retirement Plan

Setting aside a little bit of each paycheck can make a world of difference to the funds available to you in retirement. Consider depositing pre-tax (traditional 401(k) option) or post-tax dollars (Roth option) into the Genesys 401(k) retirement plan. There are a large number of investment funds to choose from, and a portion of your contributions are matched by Genesys to help your money grow faster.


Eligible employees can enroll in the plan, make payroll deferral changes and change investment elections at any time by contacting Fidelity directly at or (800) 835-5097. Note that enrollment and any changes take up to two (2) payroll periods to be processed.

Traditional 401(k) and Roth 401(k)

Genesys employees may elect to contribute pre-tax (Traditional) or post-tax (Roth) earnings to the Genesys Retirement Savings Plan. The maximum employee contribution is 60% of eligible earnings on a pre-tax basis not to exceed $23,000, and 35% of annual earnings on an after-tax basis (up to an additional $39, 500). You can split your annual elective deferrals between designated Roth contributions and traditional pre-tax contributions, but your combined contributions can’t exceed the deferral limit. Employees age 50 or older may also contribute an additional “catch-up” amount of $7,500.

After-tax Contribution

The After-tax contribution is not eligible for the employer match, so participants should first take advantage of the Traditional and/or Roth options to the annual limit in order to be eligible for the maximum employer match. The after-tax contribution limit is an additional $39,500. After-tax contributions are limited to 35% of post-tax earnings.

Employer Matching Contribution

The employer 401(k) match is another way that Genesys — much like its effort to offer HDHPs and HSAs — is helping you save for your future. The match is calculated every pay period and provides an employer match of $.50 for every $1.00 you contribute. The maximum matching contribution is $4,000 annually. Matched funds will vest after one year of service.


Genesys is continuously monitoring the performance of the investment funds we offer. The standard investment lineup can be accessed at

In addition, 401(k) participants can choose to participate in Fidelity BrokerageLink, which offers you the flexibility to select from numerous other investment options. The option enables you to create a customized retirement portfolio to match your personal situation, including your goals, time horizon and risk tolerance. Note, however, that if you’re not up for actively managing your account, it may not be right for you.

Summary Annual Report (“SAR”) for the Genesys Retirement Savings Plan (the “Plan”).

The purpose of this SAR is to provide a basic summary of the Plan’s financial information, plan expenses, value of plan assets and employer and employee contribution amounts. Click here to view a current copy of the SAR. You also have the right to request a paper copy of the SAR, free of charge, by contacting the Genesys Benefits team at [email protected].