AALTO SCIENTIFIC, LTD. 401(K) PLAN

At the end of 2022, the total retirement plan assets of AALTO SCIENTIFIC, LTD. 401(K) PLAN is $1,977,034.This plan was established in 2018.

At the end of 2022, the total number of retirement plan participants in AALTO SCIENTIFIC, LTD. 401(K) PLAN is 188

In 2022, the average participant retirement account value for AALTO SCIENTIFIC, LTD. 401(K) PLAN is $10,516

In 2022, the estimated average employee contribution amount per participant for AALTO SCIENTIFIC, LTD. 401(K) PLAN is $2,335

In 2022, the estimated average employer match for an employee in AALTO SCIENTIFIC, LTD. 401(K) PLAN is approximately $662

In 2022, AALTO SCIENTIFIC, LTD. 401(K) PLAN allocates $124,508 to match its employees’ contributions, providing an employer match rate of 32.22% of their contributions

In 2022, the total retirement plan asset growth rate of AALTO SCIENTIFIC, LTD. 401(K) PLAN is -4.06%

In 2022, the estimated aggregate retirement account investment gain/loss for AALTO SCIENTIFIC, LTD. 401(K) PLAN is -16.29%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AALTO SCIENTIFIC, LTD. 401(K) PLAN is 0.20%.

Enrollment Features

AALTO SCIENTIFIC, LTD. 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.