ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN

Plan Contact

  • Address: 2820 ORCHARD PARKWAY,SAN JOSE,CA
  • Contact person: STUART HOCKRIDGE
  • Phone: (408) 470-1000

Plan General Information

ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is $337,973,303.00.This plan was established in 1998.

ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is 2854

ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is $118,420.00

ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is $13,250.00.

ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is approximately $3,181.00
Investing in this additonal $3,181.00 for 20 years would give you extra $203,615.00, assuming a 10% annual return.

ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN Total Employer Contribution and Match Rate

In 2023, ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN allocates $9,079,994.00 to match its employees' contributions, providing an employer match rate of 28.48% of their contributions

ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is 28.18%.

ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is 19.26%. This measures the effectiveness of the plan participants' investments in the year.

ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is 0.11%.

Enrollment Features

ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING 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.


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