PANASONIC RETIREMENT SAVINGS AND INVESTMENT PLAN

  • Address: 2 RIVERFRONT PLAZA,,NEWARK,NJ
  • Contact person: GORDON KYVIK
  • Phone: (201) 392-6077

PANASONIC RETIREMENT SAVINGS AND INVESTMENT 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.

At the end of 2022, the total retirement plan assets of PANASONIC RETIREMENT SAVINGS AND INVESTMENT PLAN is $1,329,216,205.00.This plan was established in 1984.

At the end of 2022, the total number of retirement plan participants in PANASONIC RETIREMENT SAVINGS AND INVESTMENT PLAN is 13567

In 2022, the average participant retirement account value for PANASONIC RETIREMENT SAVINGS AND INVESTMENT PLAN is $97,974.00

In 2022, the estimated average employee contribution amount per participant for PANASONIC RETIREMENT SAVINGS AND INVESTMENT PLAN is $5,487.00

In 2022, the estimated average employer match for an employee in PANASONIC RETIREMENT SAVINGS AND INVESTMENT PLAN is approximately $2,075.00

In 2022, PANASONIC RETIREMENT SAVINGS AND INVESTMENT PLAN allocates $28,161,795.00 to match its employees' contributions, providing an employer match rate of 38.98% of their contributions

In 2022, the total retirement plan asset growth rate of PANASONIC RETIREMENT SAVINGS AND INVESTMENT PLAN is -21.24%

In 2022, the estimated aggregate retirement account investment gain/loss for PANASONIC RETIREMENT SAVINGS AND INVESTMENT PLAN is -20.26%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of PANASONIC RETIREMENT SAVINGS AND INVESTMENT PLAN is 0.06%.

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