ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is $263,667,434.This plan was established in 1998.

At the end of 2022, the total number of retirement plan participants in ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is 2479

In 2022, the average participant retirement account value for ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is $106,360

In 2022, the estimated average employee contribution amount per participant for ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is $14,178

In 2022, the estimated average employer match for an employee in ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is approximately $3,918

In 2022, ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN allocates $9,713,340 to match its employees’ contributions, providing an employer match rate of 30.87% of their contributions

In 2022, the total retirement plan asset growth rate of ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is -9.57%

In 2022, the estimated aggregate retirement account investment gain/loss for ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is -17.67%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN is 0.14%.

Enrollment Features

ALIGN TECHNOLOGY, INC. 401(K) PROFIT SHARING 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.