Benchmarking 8x8, Inc. 401k Savings Plan in Campbell, CA against all plans
8x8, Inc. 401k Savings Plan in Campbell, CA has the 2nd-highest average participant cash contribution per active participant ($17,456) of the 29 plans whose industry group is Telecommunications. That $17,456 compares to an average of $9,355 across those 29 plans.
Beating the average of $9,355 means an extra $6,310,292 in participant cash contributions.
Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants
8x8, Inc. 401k Savings Plan has these standings among those 29 peer plans:
Beating the average of $9,355 means an extra $6,310,292 in participant cash contributions.
Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants
8x8, Inc. 401k Savings Plan has these standings among those 29 peer plans:
- average participant cash contribution per active participant = $17,456 (2nd-highest)
- cash contributions from participants = $13,597,844 (5th-most)
- active participants = 779 (15th-most)
Visualize
Peers
Vodafone US Retirement Plan in Denver, CO is first with $18,697.
beat Blackberry Corporation 401(K) Retirement Savings Plan in Irving, TX ($14,105), Vonage 401(K) Retirement Plan in Holmdel, NJ ($13,635), T-Systems North America, Inc. 401(K) Retirement Plan in Rochester Hills, MI ($13,060), and Tata Communications 401(K) Plan in Matawan, NJ ($13,044), and 23 others, ending with Pioneer Telephone Cooperative, Inc. 401(K) Plan in Kingfisher, OK ($2,443).
beat Blackberry Corporation 401(K) Retirement Savings Plan in Irving, TX ($14,105), Vonage 401(K) Retirement Plan in Holmdel, NJ ($13,635), T-Systems North America, Inc. 401(K) Retirement Plan in Rochester Hills, MI ($13,060), and Tata Communications 401(K) Plan in Matawan, NJ ($13,044), and 23 others, ending with Pioneer Telephone Cooperative, Inc. 401(K) Plan in Kingfisher, OK ($2,443).
References
- whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- average participant cash contribution per active participant. Higher values are better. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.