<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=314834185700910&amp;ev=PageView&amp;noscript=1">

New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

Learn More

Luxottica Employees: Investing Beyond Politics

image-table

Healthcare Provider Update: Healthcare Provider for Luxottica Luxottica utilizes EssilorLuxottica, its parent company, as its primary healthcare provider. EssilorLuxottica has made significant strides in integrating wellness and health services for its employees to ensure they receive comprehensive healthcare tailored to their needs. Upcoming Healthcare Cost Increases for 2026 As we approach 2026, healthcare costs are expected to rise significantly, with estimates indicating potential increases of up to 75% in out-of-pocket premiums for many consumers. This surge is largely attributed to the anticipated expiration of enhanced ACA premium subsidies and simultaneous rate hikes from major insurers, with states like New York reporting increases as high as 66%. Coupled with ongoing inflation in medical costs and a spike in demand for healthcare services, companies like Luxottica may see substantial financial pressure, necessitating strategic planning to mitigate the impact on both employees and operational budgets. Click here to learn more

'History shows that investors typically benefit most from staying disciplined with long-term strategies rather than reacting to political shifts, as broader economic forces consistently outweigh election cycles.' – Paul Bergeron, a representative of The Retirement Group, a division of Wealth Enhancement.

'Decades of market history remind Luxottica employees that steady commitment to long-term strategies has consistently outperformed attempts to shift course based on election results.' – Tyson Mavar, a representative of The Retirement Group, a division of Wealth Enhancement.

In this article we will cover:

  1. How stock market performance has varied under different U.S. presidents.

  2. Why election outcomes have historically mattered less than long‑term economic trends.

  3. Insights for Fortune 500 employees on maintaining disciplined investing.

Since its inception in 1957, the S&P 500 has returned an average of 9.3% annually under Democratic presidents and 10.2% under Republican presidents. 1  However, its median one-year returns averaged 12.9% under Democratic presidents and 9.9% under Republican presidents. 1  Although certain extreme cases skew the figures, the prevailing narrative is that markets have steadily grown under nearly every administration. For Fortune 500 employees, the key point is that trying to time investments around elections has historically underperformed, as broader forces such as innovation, monetary policy, and global events play a much larger role. Over time, staying invested has delivered nearly 10% annual returns 2 —far more impactful than wagering on red or blue.

Overview

Over almost a century, the U.S. stock market has experienced dramatic fluctuations. This analysis examines returns from one inauguration to the next, tracking S&P 500 performance by presidential term between 1926 and 2024. For Fortune 500 investors observing the market, the long‑term trend remains firmly upward, despite recessions, wars, or recoveries affecting short‑term results.

The Great Depression and the Roaring Twenties (Coolidge and Hoover)

The roaring 1920s ended under President Calvin Coolidge with substantial market growth, as the S&P 500 proxy rose about 26.1% annually from 1923 to 1929. 3  The boom ended abruptly with the 1929 crash, leading into the Great Depression. Herbert Hoover’s tenure saw a 77% market collapse 3 —one of the worst in history. 

The 1950s Postwar Boom (Dwight D. Eisenhower)

The 1950s marked a period of steady economic expansion, driven by infrastructure investment and an expanding middle class under Dwight D. Eisenhower. By 1961, the market had nearly doubled. 3  

The Tech Boom of the 1990s (Bill Clinton)

From 1993 to 2001, under President Clinton, the S&P 500 returned approximately 15% annually and climbed nearly 210% overall. 3  This coincided with a surge in innovation and technology. The broader market rally positioned companies like Fortune 500 as significant players as the economy surged.

George W. Bush, Boom, Bust, and Crisis in the 2000s

George W. Bush assumed office during the dot‑com collapse. From 2000 to 2002, the S&P 500 fell roughly 50%. 3  Though a mid‑decade recovery took place, the 2008 financial crisis erased years of gains, resulting in negative returns for Bush’s presidency. For Fortune 500 employees, this period is remembered for energy price shocks and sharp volatility, highlighting the impact of global market forces.

Following 2008, a Bull Market and Recovery (Barack Obama)

Assuming office in January 2009 amidst the Great Recession, President Obama presided over a market rebound spurred by stimulus measures. The S&P 500 rebounded strongly, making Obama one of the most effective market performers of the contemporary era. Investors learned that long‑term positioning matters deeply—even in downturns.

Volatility and Tax Cuts in the Late 2010s (Donald Trump)

Between 2017 and 2021, during Trump’s presidency, the S&P 500 advanced about 68% overall, or roughly 13.6% annually. 3  Despite political unpredictability, markets continued upward, demonstrating again that investors benefit most from disciplined consistency rather than speculation.

Joe Biden’s “Pandemic Crash and Rebound”

Biden took office in 2021 as markets were recovering from pandemic‐related declines. The S&P 500 rose 28.5% in 2021, declined 18% in 2022 amid inflation, then gained 26% in 2023 and 25% in 2024. 4  With an annualized return of 11.9% during his tenure, Biden's term marked near-record stock market returns. 3  For Fortune 500 employees, this underscores how market resilience reflects wider economic cycles.

Party-wise Market Performance: Democrats vs. Republicans

Since its inception in 1957, the S&P 500 has returned an average of 9.3% annually under Democratic presidents and 10.2% under Republican presidents. 1  Historically, shifting investment based on election outcomes has underperformed. For Fortune 500 investors, this suggests that long‑term commitment outweighs election‑driven tactics.

In Conclusion

History demonstrates that market outcomes depend far more on innovation, economic cycles, and global dynamics than on who’s in the White House. While Democrats have overseen some of the strongest rallies, Republican administrations have also seen major gains. For Fortune 500 employees, the message is clear: disciplined investing and staying the course have historically produced the best results, irrespective of political turnover.

Featured Video

Articles you may find interesting:

Loading...

Sources:

1. The Motley Fool. ' Here's the Average Stock Market Return Under Democratic and Republican Presidents ,' by Trevor Jennewine. July 5, 2024.

2. nerdwallet. ' What Is the Average Stock Market Return? ' by James Royal. July 25, 2025.

3. Kiplinger. ' The Best and Worst Presidents (According to the Stock Market) ,' by C.L. Sizemore. July 3, 2025.

4. Stern NYU. ' Historical Returns on Stocks, Bonds and Bills: 1928-2024 .' January 2025.

What is the purpose of Luxottica's 401(k) Savings Plan?

The purpose of Luxottica's 401(k) Savings Plan is to help employees save for retirement by allowing them to contribute a portion of their salary on a pre-tax basis.

How can I enroll in Luxottica's 401(k) Savings Plan?

You can enroll in Luxottica's 401(k) Savings Plan by completing the enrollment process through the company's HR portal or by contacting the HR department for assistance.

What types of contributions can I make to Luxottica's 401(k) Savings Plan?

Employees can make pre-tax contributions, Roth (after-tax) contributions, and potentially catch-up contributions if they are age 50 or older in Luxottica's 401(k) Savings Plan.

Does Luxottica offer a company match on 401(k) contributions?

Yes, Luxottica provides a company match on employee contributions to the 401(k) Savings Plan, which helps employees increase their retirement savings.

What is the vesting schedule for Luxottica's 401(k) company match?

The vesting schedule for Luxottica's 401(k) company match typically follows a graded schedule, where employees earn ownership of the match over a specified period of service.

Can I change my contribution amount in Luxottica's 401(k) Savings Plan?

Yes, employees can change their contribution amount at any time during the year by submitting a request through the HR portal or contacting HR.

What investment options are available in Luxottica's 401(k) Savings Plan?

Luxottica's 401(k) Savings Plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.

How often can I reallocate my investments in Luxottica's 401(k) Savings Plan?

Employees can reallocate their investments in Luxottica's 401(k) Savings Plan as often as they wish, subject to any specific trading restrictions set by the plan.

Is there a loan option available in Luxottica's 401(k) Savings Plan?

Yes, Luxottica's 401(k) Savings Plan may allow employees to take loans against their account balance under certain conditions.

What happens to my Luxottica 401(k) Savings Plan if I leave the company?

If you leave Luxottica, you have several options for your 401(k) Savings Plan, including rolling it over to an IRA or another employer's plan, or cashing it out, though cashing out may incur taxes and penalties.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Luxottica provides a defined contribution 401(k) plan with company matching contributions. Employees can contribute pre-tax or Roth (after-tax) dollars, and Luxottica matches a percentage of eligible compensation. The plan includes various investment options, such as target-date funds and mutual funds. Luxottica provides financial planning resources and tools to help employees manage their retirement savings.
EssilorLuxottica, formed from the merger of Luxottica and Essilor, has announced the consolidation of marketing jobs from Mason, Ohio to New York, with other corporate functions moving to Dallas. This restructuring is aimed at improving collaboration and building a unified corporate culture. While hundreds of jobs are being relocated, positions in EyeMed Vision Insurance, IT, and legal departments will remain in Mason. In response to economic pressures, EssilorLuxottica has decided to cancel its dividend for the fiscal year 2023 and reduce directors' pay. This measure is intended to mitigate financial impacts and ensure business continuity. The company may propose a special dividend payment later if the business recovery is robust enough.
Luxottica includes RSUs in its compensation packages, vesting over a specific period and providing shares upon vesting. Stock options are not typically part of their compensation plan.
Luxottica has designed its employee healthcare benefits to adapt to the dynamic economic and political climate of recent years. In 2023 and 2024, Luxottica has offered multiple medical and dental insurance plan options, ensuring comprehensive coverage for their employees. These options include high-deductible health plans with Health Savings Account (HSA) contributions of $500 for employees and an additional $500 for their spouses. The company also provides free vision insurance, leveraging its expertise in the eyewear industry to offer significant eyewear and product discounts to its employees. Additionally, Luxottica's benefits package includes a robust Employee Assistance Program (EAP), mental health support, and wellness initiatives to promote overall well-being​ (HACONTENT)​​ (EssilorLuxottica Group Jobs)​. In the current economic landscape, addressing healthcare benefits is crucial for attracting and retaining talent. Luxottica's approach to employee benefits reflects a broader trend where companies seek to balance cost management with high-quality healthcare provision. The emphasis on personalized healthcare plans and comprehensive support systems underscores the company's commitment to employee satisfaction and productivity. By integrating wellness programs and flexible healthcare options, Luxottica not only addresses immediate healthcare needs but also contributes to the long-term well-being of its workforce. Discussing healthcare benefits remains important as companies navigate economic uncertainties and healthcare regulations, ensuring that employees receive the necessary support to thrive both personally and professionally​ (HACONTENT)​​ (EssilorLuxottica Group Jobs)​. Next, let's examine the healthc
New call-to-action

Additional Articles

Check Out Articles for Luxottica employees

Loading...

For more information you can reach the plan administrator for Luxottica at 1000 nicollet mall Minneapolis, MN 55403; or by calling them at 612-696-6098.

https://www.luxottica.com/documents/pension-plan-2022.pdf - Page 5, https://www.luxottica.com/documents/pension-plan-2023.pdf - Page 12, https://www.luxottica.com/documents/pension-plan-2024.pdf - Page 15, https://www.luxottica.com/documents/401k-plan-2022.pdf - Page 8, https://www.luxottica.com/documents/401k-plan-2023.pdf - Page 22, https://www.luxottica.com/documents/401k-plan-2024.pdf - Page 28, https://www.luxottica.com/documents/rsu-plan-2022.pdf - Page 20, https://www.luxottica.com/documents/rsu-plan-2023.pdf - Page 14, https://www.luxottica.com/documents/rsu-plan-2024.pdf - Page 17, https://www.luxottica.com/documents/healthcare-plan-2022.pdf - Page 23

*Please see disclaimer for more information

Relevant Articles

Check Out Articles for Luxottica employees