APOGEE ENTERPRISES, INC. 401(K) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of APOGEE ENTERPRISES, INC. 401(K) RETIREMENT PLAN is $407,415,278.This plan was established in 1983.

At the end of 2022, the total number of retirement plan participants in APOGEE ENTERPRISES, INC. 401(K) RETIREMENT PLAN is 5520

In 2022, the average participant retirement account value for APOGEE ENTERPRISES, INC. 401(K) RETIREMENT PLAN is $73,807

In 2022, the estimated average employee contribution amount per participant for APOGEE ENTERPRISES, INC. 401(K) RETIREMENT PLAN is $3,303

In 2022, the estimated average employer match for an employee in APOGEE ENTERPRISES, INC. 401(K) RETIREMENT PLAN is approximately $1,422

In 2022, APOGEE ENTERPRISES, INC. 401(K) RETIREMENT PLAN allocates $7,849,509 to match its employees’ contributions, providing an employer match rate of 41.16% of their contributions

In 2022, the total retirement plan asset growth rate of APOGEE ENTERPRISES, INC. 401(K) RETIREMENT PLAN is -19.31%

In 2022, the estimated aggregate retirement account investment gain/loss for APOGEE ENTERPRISES, INC. 401(K) RETIREMENT PLAN is -15.33%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of APOGEE ENTERPRISES, INC. 401(K) RETIREMENT PLAN is 0.17%.

Enrollment Features

APOGEE ENTERPRISES, INC. 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.