LENOVO SAVINGS PLAN

At the end of 2022, the total retirement plan assets of LENOVO SAVINGS PLAN is $2,025,855,385.This plan was established in 2005.

At the end of 2022, the total number of retirement plan participants in LENOVO SAVINGS PLAN is 9378

In 2022, the average participant retirement account value for LENOVO SAVINGS PLAN is $216,022

In 2022, the estimated average employee contribution amount per participant for LENOVO SAVINGS PLAN is $8,594

In 2022, the estimated average employer match for an employee in LENOVO SAVINGS PLAN is approximately $5,292

In 2022, LENOVO SAVINGS PLAN allocates $49,631,001 to match its employees’ contributions, providing an employer match rate of 62.28% of their contributions

In 2022, the total retirement plan asset growth rate of LENOVO SAVINGS PLAN is -16.52%

In 2022, the estimated aggregate retirement account investment gain/loss for LENOVO SAVINGS PLAN is -16.83%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LENOVO SAVINGS PLAN is 0.03%.

Enrollment Features

LENOVO 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.