MATTSON TECHNOLOGY, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 47131 BAYSIDE PKWAY,FREMONT,CA
  • Contact person: JOHN GERBRACHT
  • Phone: (510) 657-5900

Plan General Information


At the end of 2022, the total retirement plan assets of MATTSON TECHNOLOGY, INC. 401(K) PLAN is $50,807,775.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in MATTSON TECHNOLOGY, INC. 401(K) PLAN is 384

In 2022, the average participant retirement account value for MATTSON TECHNOLOGY, INC. 401(K) PLAN is $132,311

In 2022, the estimated average employee contribution amount per participant for MATTSON TECHNOLOGY, INC. 401(K) PLAN is $10,281

In 2022, the estimated average employer match for an employee in MATTSON TECHNOLOGY, INC. 401(K) PLAN is approximately $1,383

In 2022, MATTSON TECHNOLOGY, INC. 401(K) PLAN allocates $531,346 to match its employees’ contributions, providing an employer match rate of 13.71% of their contributions

In 2022, the total retirement plan asset growth rate of MATTSON TECHNOLOGY, INC. 401(K) PLAN is -19.19%

In 2022, the estimated aggregate retirement account investment gain/loss for MATTSON TECHNOLOGY, INC. 401(K) PLAN is -20.17%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of MATTSON TECHNOLOGY, INC. 401(K) PLAN is 0.21%.

Enrollment Features

MATTSON TECHNOLOGY, INC. 401(K) 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.