Teradyne believes in sharing the company’s success with employees. We also believe in letting you determine how best to reach your financial goals. That’s why our Savings Plan Plus, administered through Fidelity Investments, offers over 20 investment choices.

So, share in our success, take advantage of the range of investment options, enjoy the benefits of a limitless cash profit sharing plan and be sure to check out the 15% employee discount in the Stock Purchase Plan.

Savings Plan Plus
Your personal savings are important to your long-term financial security. Teradyne's Savings Plan Plus program allows you to save additional retirement income, above the benefits provided by Social Security.

The Savings Plan/Plus helps your retirement savings grow by matching your contributions. Most employees will be eligible the Company matching contributions. Teradyne will contribute $1 for each $1 you contribute up to 4% of eligible compensation. The company matching contributions will post to your Plan account following the end of the year. You may invest up to 50% of your pay, with either pre-tax or after-tax dollars. The plan offers over 20 investment choices, each managed by Fidelity Investments. You are eligible to enroll in this plan the day you start working for Teradyne.

Cash Profit Sharing Plan
Twice each year (in February and August), our Cash Profit Sharing Plan distributes 10% of the company’s pretax profits to all employees. The amount you receive is based on your annual salary. There is no limit to the amount of profit sharing that can be distributed.

Stock Purchase Plan
Another way to share in the success of our company is through Teradyne’s Stock Purchase Plan. Employees can invest from 2% to 10% of their pay with this plan every six months. Your contributions will be put towards the purchase of Teradyne stock, which you buy at a 15% discount.