FANUC AMERICA CORPORATION SAVINGS PLAN

Overview

Plan Contact

  • Address: 3900 W. HAMLIN ROAD,ROCHESTER HILLS,MI
  • Contact person: NICOLE LOGAN
  • Phone: (248) 377-7403

Plan General Information


At the end of 2022, the total retirement plan assets of FANUC AMERICA CORPORATION SAVINGS PLAN is $348,983,419.This plan was established in 1990.

At the end of 2022, the total number of retirement plan participants in FANUC AMERICA CORPORATION SAVINGS PLAN is 1394

In 2022, the average participant retirement account value for FANUC AMERICA CORPORATION SAVINGS PLAN is $250,346

In 2022, the estimated average employee contribution amount per participant for FANUC AMERICA CORPORATION SAVINGS PLAN is $10,489

In 2022, the estimated average employer match for an employee in FANUC AMERICA CORPORATION SAVINGS PLAN is approximately $5,383

In 2022, FANUC AMERICA CORPORATION SAVINGS PLAN allocates $7,505,066 to match its employees’ contributions, providing an employer match rate of 52.65% of their contributions

In 2022, the total retirement plan asset growth rate of FANUC AMERICA CORPORATION SAVINGS PLAN is -16.34%

In 2022, the estimated aggregate retirement account investment gain/loss for FANUC AMERICA CORPORATION SAVINGS PLAN is -16.98%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of FANUC AMERICA CORPORATION SAVINGS PLAN is 0.00%.

Enrollment Features

FANUC AMERICA CORPORATION 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.