APPLIED INFORMATION SCIENCES, INC. EMPLOYEES’ 401(K) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of APPLIED INFORMATION SCIENCES, INC. EMPLOYEES’ 401(K) RETIREMENT PLAN is $69,065,821.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in APPLIED INFORMATION SCIENCES, INC. EMPLOYEES’ 401(K) RETIREMENT PLAN is 727

In 2022, the average participant retirement account value for APPLIED INFORMATION SCIENCES, INC. EMPLOYEES’ 401(K) RETIREMENT PLAN is $95,001

In 2022, the estimated average employee contribution amount per participant for APPLIED INFORMATION SCIENCES, INC. EMPLOYEES’ 401(K) RETIREMENT PLAN is $9,060

In 2022, the estimated average employer match for an employee in APPLIED INFORMATION SCIENCES, INC. EMPLOYEES’ 401(K) RETIREMENT PLAN is approximately $3,937

In 2022, APPLIED INFORMATION SCIENCES, INC. EMPLOYEES’ 401(K) RETIREMENT PLAN allocates $2,862,341 to match its employees’ contributions, providing an employer match rate of 50.91% of their contributions

In 2022, the total retirement plan asset growth rate of APPLIED INFORMATION SCIENCES, INC. EMPLOYEES’ 401(K) RETIREMENT PLAN is -7.58%

In 2022, the estimated aggregate retirement account investment gain/loss for APPLIED INFORMATION SCIENCES, INC. EMPLOYEES’ 401(K) RETIREMENT PLAN is -17.18%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of APPLIED INFORMATION SCIENCES, INC. EMPLOYEES’ 401(K) RETIREMENT PLAN is 0.27%.

Enrollment Features

APPLIED INFORMATION SCIENCES, INC. EMPLOYEES’ 401(K) RETIREMENT 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.