AXCELIS TECHNOLOGIES, INC. LONG-TERM INVESTMENT PLAN
Overview
Plan Contact
- Address: 108 CHERRY HILL DRIVE,BEVERLY,MA
- Contact person: JILL FRENETTE
- Phone: (978) 787-4347
Plan General Information
At the end of 2022, the total retirement plan assets of AXCELIS TECHNOLOGIES, INC. LONG-TERM INVESTMENT PLAN is $202,173,430.This plan was established in 2001.
At the end of 2022, the total number of retirement plan participants in AXCELIS TECHNOLOGIES, INC. LONG-TERM INVESTMENT PLAN is 1109
In 2022, the average participant retirement account value for AXCELIS TECHNOLOGIES, INC. LONG-TERM INVESTMENT PLAN is $182,302
In 2022, the estimated average employee contribution amount per participant for AXCELIS TECHNOLOGIES, INC. LONG-TERM INVESTMENT PLAN is $8,780
In 2022, the estimated average employer match for an employee in AXCELIS TECHNOLOGIES, INC. LONG-TERM INVESTMENT PLAN is approximately $2,433
In 2022, AXCELIS TECHNOLOGIES, INC. LONG-TERM INVESTMENT PLAN allocates $2,699,198 to match its employees’ contributions, providing an employer match rate of 28.76% of their contributions
In 2022, the total retirement plan asset growth rate of AXCELIS TECHNOLOGIES, INC. LONG-TERM INVESTMENT PLAN is -19.37%
In 2022, the estimated aggregate retirement account investment gain/loss for AXCELIS TECHNOLOGIES, INC. LONG-TERM INVESTMENT PLAN is -17.32%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of AXCELIS TECHNOLOGIES, INC. LONG-TERM INVESTMENT PLAN is 0.05%.
Enrollment Features
AXCELIS TECHNOLOGIES, INC. LONG-TERM 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.
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.