Benefits - ADVANTEST CORPORATION
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photo Advantest America offers a complete and competitive package of benefits to all regular employees who work at least 40 hours per week. We continually evaluate our program and explore new options to provide maximum benefits.

Benefit Details
401 (k) Savings Plan Our plan features flexibility and a generous company match:
  • Advantest matches dollar for dollar up to 7% (maximum) of your eligible compensation.
  • Invest your 401 (k) balance across numerous competitive, high-performance funds.
  • The plan loan features allow you to borrow money from yourself!
Cash Bonus Plan Advantest offers a generous cash bonus plan to all regular employees.
Vacation Time Advantest employees accrue up to 25 days of vacation annually, based on length of service. Additionally, we celebrate 11 holidays per year.
Medical Plans One of the "best" Medical Plans—compared to other high-tech companies in the U.S:
  • PPO  
    • Annual deductible: ZERO
    • Plan pays 100% in-network benefits
    • Co-payment $15
  • HMO 
    • Annual deductible: ZERO 
    •  Plan pays 100% in-network benefits
    • Co-payment $10
  • Kaiser
    • HMO health care coverage is also available to you in CA
Prescription Drugs

Drug program through Greatwest  Advance PCS and Kaiser plans

Largest prescription drug company with the most extensive pharmacy network in the US!  Three tiered plan with expanded formulary
Copays of

  • $10 for generic
  • $20 for preferred
  • $40 for Non-preferred name brand
Dental Our dental coverage allows you to visit the dentist of your choice*.
  • Covers 100% Preventive
  • Covers 85% Routine dental care
  • Covers 60% Major dental care/services
  • Covers 50% Orthodontia up to $1,500 (maximum)
Vision Greatwest, a leader in vision care benefits: 
  • No Calendar year deductible
  • Eye Exams/lenses: every 12 months 
  • Frames: every 24 months
Flexible Spending Account Employees may set aside pre-tax dollars to pay for IRS-qualified expenses such as child care and elder care:
  • Health care reimbursement account
  • Dependent care reimbursement account
Employee Assistance Program (EAP) Our comprehensive EAP provides you with the following services that are absolutely free to you (no cost, no co-payment, no deductible)
  • Counseling services
  • Legal consultation
  • Financial consultation
  • Child care/Elder care referrals
  • Federal tax consultation and representation
  • Pre-retirement planning
Other Benefits Additional outstanding benefits include:
  • Educational Assistance (Tuition reimbursement)
  • Group Variable Universal Life Insurance
  • AD&D
  • Short-Term & Long-Term Disability
  • Health Club Reimbursement
  • Technology Credit Union

*Coverage based on reasonable and customary fees and services.
**AdvancePCS Drug Program through NEF for PPO Plan.

This benefits overview provides summary explanations of Advantest America's benefit programs. The governing provisions of the Plans are set forth in formal Plan documents and contracts. If there is any conflict between this statement and any Plan Document, the Plan Document will govern.