NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN

Plan Contact

  • Address: 2880 SCOTT BLVD, M/S SC1300,SANTA CLARA,CA
  • Contact person: SHARON MAIDEN
  • Phone: (408) 588-6000

Plan General Information

NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2009, the total retirement plan assets of NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN is $172,287,950.00.This plan was established in 2003.

NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2009, the total number of retirement plan participants in NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN is 1812

NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN Average Participant Retirement Account Value

In 2009, the average participant retirement account value for NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN is $95,081.00

NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2009, the estimated average employee contribution amount per participant for NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN is $5,375.00.

NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN Estimated Average Employer Match

In 2009, the estimated average employer match for an employee in NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN is approximately $719.00
Investing in this additonal $719.00 for 20 years would give you extra $46,027.00, assuming a 10% annual return.

NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2009, NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN allocates $1,303,149.00 to match its employees' contributions, providing an employer match rate of 26.76% of their contributions

NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2009, the total retirement plan asset growth rate of NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN is 10.27%.

NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2009, the estimated aggregate retirement account investment gain/loss for NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN is 17.79%. This measures the effectiveness of the plan participants' investments in the year.

NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN Expense Ratio

In 2009, the investment and administrative expense ratio of NEC ELECTRONICS AMERICA, INC. SAVINGS & RETIREMENT PLAN is 0.01%.

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