TERADYNE, INC. SAVINGS PLAN

Plan Contact

  • Address: MS 700 2 1,,NORTH READING,MA
  • Contact person: DAVID SHOREY
  • Phone: (978) 370-2700

Plan General Information

TERADYNE, INC. SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of TERADYNE, INC. SAVINGS PLAN is $1,024,040,883.00.This plan was established in 1973.

TERADYNE, INC. SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in TERADYNE, INC. SAVINGS PLAN is 3800

TERADYNE, INC. SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for TERADYNE, INC. SAVINGS PLAN is $269,484.00

TERADYNE, INC. SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for TERADYNE, INC. SAVINGS PLAN is $9,746.00.

TERADYNE, INC. SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in TERADYNE, INC. SAVINGS PLAN is approximately $3,297.00
Investing in this additonal $3,297.00 for 20 years would give you extra $211,025.00, assuming a 10% annual return.

TERADYNE, INC. SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, TERADYNE, INC. SAVINGS PLAN allocates $12,529,625.00 to match its employees' contributions, providing an employer match rate of 34.94% of their contributions

TERADYNE, INC. SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of TERADYNE, INC. SAVINGS PLAN is 15.93%.

TERADYNE, INC. SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for TERADYNE, INC. SAVINGS PLAN is 19.04%. This measures the effectiveness of the plan participants' investments in the year.

TERADYNE, INC. SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of TERADYNE, INC. SAVINGS PLAN is 0.06%.

Enrollment Features

TERADYNE, INC. SAVINGS 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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