AKUMIN 401(K) PLAN

At the end of 2022, the total retirement plan assets of AKUMIN 401(K) PLAN is $136,887,385.This plan was established in 1990.

At the end of 2022, the total number of retirement plan participants in AKUMIN 401(K) PLAN is 4330

In 2022, the average participant retirement account value for AKUMIN 401(K) PLAN is $31,613

In 2022, the estimated average employee contribution amount per participant for AKUMIN 401(K) PLAN is $924

In 2022, the estimated average employer match for an employee in AKUMIN 401(K) PLAN is approximately $179

In 2022, AKUMIN 401(K) PLAN allocates $775,093 to match its employees’ contributions, providing an employer match rate of 26.92% of their contributions

In 2022, the total retirement plan asset growth rate of AKUMIN 401(K) PLAN is 764.88%

In 2022, the estimated aggregate retirement account investment gain/loss for AKUMIN 401(K) PLAN is 735.14%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AKUMIN 401(K) PLAN is 0.19%.

Enrollment Features

AKUMIN 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.
    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.