APPLIED UNDERWRITERS, INC. RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of APPLIED UNDERWRITERS, INC. RETIREMENT SAVINGS PLAN is $58,427,308.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in APPLIED UNDERWRITERS, INC. RETIREMENT SAVINGS PLAN is 908

In 2022, the average participant retirement account value for APPLIED UNDERWRITERS, INC. RETIREMENT SAVINGS PLAN is $64,347

In 2022, the estimated average employee contribution amount per participant for APPLIED UNDERWRITERS, INC. RETIREMENT SAVINGS PLAN is $4,117

In 2022, the estimated average employer match for an employee in APPLIED UNDERWRITERS, INC. RETIREMENT SAVINGS PLAN is approximately $2,156

In 2022, APPLIED UNDERWRITERS, INC. RETIREMENT SAVINGS PLAN allocates $1,958,439 to match its employees’ contributions, providing an employer match rate of 50.28% of their contributions

In 2022, the total retirement plan asset growth rate of APPLIED UNDERWRITERS, INC. RETIREMENT SAVINGS PLAN is -12.71%

In 2022, the estimated aggregate retirement account investment gain/loss for APPLIED UNDERWRITERS, INC. RETIREMENT SAVINGS PLAN is -17.19%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of APPLIED UNDERWRITERS, INC. RETIREMENT SAVINGS PLAN is 0.02%.

Enrollment Features

APPLIED UNDERWRITERS, INC. RETIREMENT SAVINGS 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.