KIOXIA AMERICA, INC. 401(K) SAVINGS PLAN

  • Address: 2610 ORCHARD PARKWAY,SAN JOSE,CA
  • Contact person: SANDRA WHITE
  • Phone: (408) 526-2700

KIOXIA AMERICA, INC. 401(K) 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 KIOXIA AMERICA, INC. 401(K) SAVINGS PLAN is $92,738,496.00.This plan was established in 2018.

At the end of 2022, the total number of retirement plan participants in KIOXIA AMERICA, INC. 401(K) SAVINGS PLAN is 574

In 2022, the average participant retirement account value for KIOXIA AMERICA, INC. 401(K) SAVINGS PLAN is $161,565.00

In 2022, the estimated average employee contribution amount per participant for KIOXIA AMERICA, INC. 401(K) SAVINGS PLAN is $12,500.00

In 2022, the estimated average employer match for an employee in KIOXIA AMERICA, INC. 401(K) SAVINGS PLAN is approximately $5,393.00

In 2022, KIOXIA AMERICA, INC. 401(K) SAVINGS PLAN allocates $3,095,670.00 to match its employees' contributions, providing an employer match rate of 43.95% of their contributions

In 2022, the total retirement plan asset growth rate of KIOXIA AMERICA, INC. 401(K) SAVINGS PLAN is -15.60%

In 2022, the estimated aggregate retirement account investment gain/loss for KIOXIA AMERICA, INC. 401(K) SAVINGS PLAN is -18.18%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of KIOXIA AMERICA, INC. 401(K) SAVINGS PLAN is 0.18%.

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