LUXOFT USA, INC. 401(K) PLAN
Plan Contact
- Address: 100 WALL STREET, SUITE 503,NEW YORK,NY
- Contact person: ANDREA STANOWIEC
- Phone: (212) 964-9900
Plan General Information
LUXOFT USA, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2020, the total retirement plan assets of LUXOFT USA, INC. 401(K) PLAN is $26,101,303.00.This plan was established in 2006.
LUXOFT USA, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2020, the total number of retirement plan participants in LUXOFT USA, INC. 401(K) PLAN is 572
LUXOFT USA, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2020, the average participant retirement account value for LUXOFT USA, INC. 401(K) PLAN is $45,631.00
LUXOFT USA, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2020, the estimated average employee contribution amount per participant for LUXOFT USA, INC. 401(K) PLAN is $8,557.00.
LUXOFT USA, INC. 401(K) PLAN Estimated Average Employer Match
In 2020, the estimated average employer match for an employee in LUXOFT USA, INC. 401(K) PLAN is approximately $919.00
Investing in this additonal $919.00 for 20 years would give you extra $58,828.00, assuming a 10% annual return.
Investing in this additonal $919.00 for 20 years would give you extra $58,828.00, assuming a 10% annual return.
LUXOFT USA, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2020, LUXOFT USA, INC. 401(K) PLAN allocates $525,776.00 to match its employees' contributions, providing an employer match rate of 21.48% of their contributions
LUXOFT USA, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2020, the total retirement plan asset growth rate of LUXOFT USA, INC. 401(K) PLAN is 104.02%.
LUXOFT USA, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2020, the estimated aggregate retirement account investment gain/loss for LUXOFT USA, INC. 401(K) PLAN is 88.53%. This measures the effectiveness of the plan participants' investments in the year.
LUXOFT USA, INC. 401(K) PLAN Expense Ratio
In 2020, the investment and administrative expense ratio of LUXOFT USA, INC. 401(K) PLAN is 0.40%.
Enrollment Features
LUXOFT USA, INC. 401(K) PLAN 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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