ACTIAN 401(K) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of ACTIAN 401(K) RETIREMENT PLAN is $43,705,553.This plan was established in 2006.

At the end of 2022, the total number of retirement plan participants in ACTIAN 401(K) RETIREMENT PLAN is 345

In 2022, the average participant retirement account value for ACTIAN 401(K) RETIREMENT PLAN is $126,682

In 2022, the estimated average employee contribution amount per participant for ACTIAN 401(K) RETIREMENT PLAN is $8,442

In 2022, the estimated average employer match for an employee in ACTIAN 401(K) RETIREMENT PLAN is approximately $1,128

In 2022, ACTIAN 401(K) RETIREMENT PLAN allocates $389,291 to match its employees’ contributions, providing an employer match rate of 13.35% of their contributions

In 2022, the total retirement plan asset growth rate of ACTIAN 401(K) RETIREMENT PLAN is -14.45%

In 2022, the estimated aggregate retirement account investment gain/loss for ACTIAN 401(K) RETIREMENT PLAN is -17.42%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ACTIAN 401(K) RETIREMENT PLAN is 0.24%.

Enrollment Features

ACTIAN 401(K) RETIREMENT 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.