ABRIGO EMPLOYEE SAVINGS PLAN

At the end of 2022, the total retirement plan assets of ABRIGO EMPLOYEE SAVINGS PLAN is $41,456,940.This plan was established in 2006.

At the end of 2022, the total number of retirement plan participants in ABRIGO EMPLOYEE SAVINGS PLAN is 661

In 2022, the average participant retirement account value for ABRIGO EMPLOYEE SAVINGS PLAN is $62,718

In 2022, the estimated average employee contribution amount per participant for ABRIGO EMPLOYEE SAVINGS PLAN is $10,284

In 2022, the estimated average employer match for an employee in ABRIGO EMPLOYEE SAVINGS PLAN is approximately $5,498

In 2022, ABRIGO EMPLOYEE SAVINGS PLAN allocates $3,634,368 to match its employees’ contributions, providing an employer match rate of 60.30% of their contributions

In 2022, the total retirement plan asset growth rate of ABRIGO EMPLOYEE SAVINGS PLAN is 0.47%

In 2022, the estimated aggregate retirement account investment gain/loss for ABRIGO EMPLOYEE SAVINGS PLAN is -17.80%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ABRIGO EMPLOYEE SAVINGS PLAN is 0.40%.

Enrollment Features

ABRIGO EMPLOYEE SAVINGS 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.