ADOBE INC. 401(K) RETIREMENT SAVINGS PLAN
Overview
Plan Contact
- Address: 345 PARK AVE,SAN JOSE,CA
- Contact person: LANI HARRIS
- Phone: (408) 536-6000
Plan General Information
At the end of 2022, the total retirement plan assets of ADOBE INC. 401(K) RETIREMENT SAVINGS PLAN is $3,206,998,504.This plan was established in 1986.
At the end of 2022, the total number of retirement plan participants in ADOBE INC. 401(K) RETIREMENT SAVINGS PLAN is 18177
In 2022, the average participant retirement account value for ADOBE INC. 401(K) RETIREMENT SAVINGS PLAN is $176,431
In 2022, the estimated average employee contribution amount per participant for ADOBE INC. 401(K) RETIREMENT SAVINGS PLAN is $15,332
In 2022, the estimated average employer match for an employee in ADOBE INC. 401(K) RETIREMENT SAVINGS PLAN is approximately $4,320
In 2022, ADOBE INC. 401(K) RETIREMENT SAVINGS PLAN allocates $78,524,680 to match its employees’ contributions, providing an employer match rate of 30.08% of their contributions
In 2022, the total retirement plan asset growth rate of ADOBE INC. 401(K) RETIREMENT SAVINGS PLAN is -11.13%
In 2022, the estimated aggregate retirement account investment gain/loss for ADOBE INC. 401(K) RETIREMENT SAVINGS PLAN is -17.60%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ADOBE INC. 401(K) RETIREMENT SAVINGS PLAN is 0.02%.
Enrollment Features
ADOBE INC. 401(K) RETIREMENT 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.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.