VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN
Plan Contact
- Address: 1678 SOUTH PIONEER ROAD,SALT LAKE CITY,UT
- Contact person: JOSH CAMPBELL
- Phone: (801) 972-5000
Plan General Information
VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN is $141,070,749.00.This plan was established in 2017.
VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN is 1764
VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN is $79,972.00
VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN is $12,615.00.
VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN is approximately $2,610.00
Investing in this additonal $2,610.00 for 20 years would give you extra $167,073.00, assuming a 10% annual return.
Investing in this additonal $2,610.00 for 20 years would give you extra $167,073.00, assuming a 10% annual return.
VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN allocates $4,604,954.00 to match its employees' contributions, providing an employer match rate of 41.39% of their contributions
VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN is 25.87%.
VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN is 16.94%. This measures the effectiveness of the plan participants' investments in the year.
VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN is 0.10%.
Enrollment Features
VAREX IMAGING CORPORATION 401(K) RETIREMENT PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
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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