CREDENCE SYSTEMS CORPORATION SAVINGS & RETIREMENT PLAN
Plan Contact
- Address: 5975 NW PINEFARM PL,HILLSBORO,OR
- Contact person: JILL BARRES
- Phone: (503) 466-7000
Plan General Information
CREDENCE SYSTEMS CORPORATION SAVINGS & RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2009, the total number of retirement plan participants in CREDENCE SYSTEMS CORPORATION SAVINGS & RETIREMENT PLAN is 873
CREDENCE SYSTEMS CORPORATION SAVINGS & RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2009, the estimated average employee contribution amount per participant for CREDENCE SYSTEMS CORPORATION SAVINGS & RETIREMENT PLAN is $3,780.00.
CREDENCE SYSTEMS CORPORATION SAVINGS & RETIREMENT PLAN Estimated Average Employer Match
In 2009, the estimated average employer match for an employee in CREDENCE SYSTEMS CORPORATION SAVINGS & RETIREMENT PLAN is approximately $484.00
Investing in this additonal $484.00 for 20 years would give you extra $31,026.00, assuming a 10% annual return.
Investing in this additonal $484.00 for 20 years would give you extra $31,026.00, assuming a 10% annual return.
CREDENCE SYSTEMS CORPORATION SAVINGS & RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2009, CREDENCE SYSTEMS CORPORATION SAVINGS & RETIREMENT PLAN allocates $423,225.00 to match its employees' contributions, providing an employer match rate of 25.65% of their contributions
Enrollment Features
CREDENCE SYSTEMS CORPORATION SAVINGS & RETIREMENT PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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