ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2
Plan Contact
- Address: 12 HARBOR PARK DRIVE,PORT WASHINGTON,NY
- Contact person: ALISON DALESSANDRO
- Phone: (866) 431-8484
Plan General Information
ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 is $742,413,724.00.This plan was established in 1984.
ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 is 7665
ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 Average Participant Retirement Account Value
In 2023, the average participant retirement account value for ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 is $96,857.00
ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 is $4,207.00.
ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 is approximately $932.00
Investing in this additonal $932.00 for 20 years would give you extra $59,708.00, assuming a 10% annual return.
Investing in this additonal $932.00 for 20 years would give you extra $59,708.00, assuming a 10% annual return.
ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 Total Employer Contribution and Match Rate
In 2023, ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 allocates $7,151,056.00 to match its employees' contributions, providing an employer match rate of 44.35% of their contributions
ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 is 13.24%.
ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 is 18.81%. This measures the effectiveness of the plan participants' investments in the year.
ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 Expense Ratio
In 2023, the investment and administrative expense ratio of ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 is 0.02%.
Enrollment Features
ESSILORLUXOTTICA RETIREMENT SAVINGS PLAN 2 has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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