8X8, INC. 401K SAVINGS PLAN

  • Address: 675 CREEKSIDE WAY,CAMPBELL,CA
  • Contact person: SUZY SEANDEL
  • Phone: (408) 707-9928
Investment Options of 8X8, INC. 401K SAVINGS PLAN (as of 2022)
PUTN LG CP VAL TR IA (PUTNAM FIDUCIARY TRUST COMPANY)
FA STABLE VALUE III (FIDELITY MANAGEMENT TRUST COMPANY)

8X8, INC. 401K SAVINGS 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.

At the end of 2022, the total retirement plan assets of 8X8, INC. 401K SAVINGS PLAN is $112,088,828.00.This plan was established in 1991.

At the end of 2022, the total number of retirement plan participants in 8X8, INC. 401K SAVINGS PLAN is 1424

In 2022, the average participant retirement account value for 8X8, INC. 401K SAVINGS PLAN is $78,714.00

In 2022, the estimated average employee contribution amount per participant for 8X8, INC. 401K SAVINGS PLAN is $9,413.00

In 2022, the estimated average employer match for an employee in 8X8, INC. 401K SAVINGS PLAN is approximately $2,197.00

In 2022, 8X8, INC. 401K SAVINGS PLAN allocates $3,129,078.00 to match its employees' contributions, providing an employer match rate of 23.01% of their contributions

In 2022, the total retirement plan asset growth rate of 8X8, INC. 401K SAVINGS PLAN is -9.01%

In 2022, the estimated aggregate retirement account investment gain/loss for 8X8, INC. 401K SAVINGS PLAN is -18.62%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of 8X8, INC. 401K SAVINGS PLAN is 0.18%.

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