ALLSPRING 401(K) PLAN

At the end of 2022, the total retirement plan assets of ALLSPRING 401(K) PLAN is $125,933,015.This plan was established in 2021.

At the end of 2022, the total number of retirement plan participants in ALLSPRING 401(K) PLAN is 1219

In 2022, the average participant retirement account value for ALLSPRING 401(K) PLAN is $103,308

In 2022, the estimated average employee contribution amount per participant for ALLSPRING 401(K) PLAN is $32,326

In 2022, the estimated average employer match for an employee in ALLSPRING 401(K) PLAN is approximately $13,840

In 2022, ALLSPRING 401(K) PLAN allocates $16,871,104 to match its employees’ contributions, providing an employer match rate of 85.63% of their contributions

In 2022, the total retirement plan asset growth rate of ALLSPRING 401(K) PLAN is 34.36%

In 2022, the estimated aggregate retirement account investment gain/loss for ALLSPRING 401(K) PLAN is -15.54%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ALLSPRING 401(K) PLAN is 0.01%.

Enrollment Features

ALLSPRING 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.