AFFINIPAY 401(K) PLAN

At the end of 2022, the total retirement plan assets of AFFINIPAY 401(K) PLAN is $17,943,933.This plan was established in 2009.

At the end of 2022, the total number of retirement plan participants in AFFINIPAY 401(K) PLAN is 260

In 2022, the average participant retirement account value for AFFINIPAY 401(K) PLAN is $69,015

In 2022, the estimated average employee contribution amount per participant for AFFINIPAY 401(K) PLAN is $9,574

In 2022, the estimated average employer match for an employee in AFFINIPAY 401(K) PLAN is approximately $6,173

In 2022, AFFINIPAY 401(K) PLAN allocates $1,605,205 to match its employees’ contributions, providing an employer match rate of 70.74% of their contributions

In 2022, the total retirement plan asset growth rate of AFFINIPAY 401(K) PLAN is 3.69%

In 2022, the estimated aggregate retirement account investment gain/loss for AFFINIPAY 401(K) PLAN is -14.67%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AFFINIPAY 401(K) PLAN is 0.38%.

Enrollment Features

AFFINIPAY 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.