VARIAN MEDICAL SYSTEMS, INC. RETIREMENT PLAN

  • Address: 3100 HANSEN WAY,PALO ALTO,CA
  • Contact person: MATTHIAS PLATSCH
  • Phone: (650) 493-4000

VARIAN MEDICAL SYSTEMS, INC. RETIREMENT 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 VARIAN MEDICAL SYSTEMS, INC. RETIREMENT PLAN is $1,168,537,636.00.This plan was established in 1955.

At the end of 2022, the total number of retirement plan participants in VARIAN MEDICAL SYSTEMS, INC. RETIREMENT PLAN is 5079

In 2022, the average participant retirement account value for VARIAN MEDICAL SYSTEMS, INC. RETIREMENT PLAN is $230,072.00

In 2022, the estimated average employee contribution amount per participant for VARIAN MEDICAL SYSTEMS, INC. RETIREMENT PLAN is $10,136.00

In 2022, the estimated average employer match for an employee in VARIAN MEDICAL SYSTEMS, INC. RETIREMENT PLAN is approximately $5,397.00

In 2022, VARIAN MEDICAL SYSTEMS, INC. RETIREMENT PLAN allocates $27,411,671.00 to match its employees' contributions, providing an employer match rate of 53.58% of their contributions

In 2022, the total retirement plan asset growth rate of VARIAN MEDICAL SYSTEMS, INC. RETIREMENT PLAN is -21.74%

In 2022, the estimated aggregate retirement account investment gain/loss for VARIAN MEDICAL SYSTEMS, INC. RETIREMENT PLAN is -19.82%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of VARIAN MEDICAL SYSTEMS, INC. RETIREMENT PLAN is 0.03%.

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