ARMALY BRANDS 401(K) PLAN

At the end of 2022, the total retirement plan assets of ARMALY BRANDS 401(K) PLAN is $3,345,909.This plan was established in 2022.

At the end of 2022, the total number of retirement plan participants in ARMALY BRANDS 401(K) PLAN is 148

In 2022, the average participant retirement account value for ARMALY BRANDS 401(K) PLAN is $22,607

In 2022, the estimated average employee contribution amount per participant for ARMALY BRANDS 401(K) PLAN is $2,747

In 2022, the estimated average employer match for an employee in ARMALY BRANDS 401(K) PLAN is approximately $496

In 2022, ARMALY BRANDS 401(K) PLAN allocates $73,473 to match its employees’ contributions, providing an employer match rate of 18.07% of their contributions

In 2022, the total retirement plan asset growth rate of ARMALY BRANDS 401(K) PLAN is -7.25%

In 2022, the estimated aggregate retirement account investment gain/loss for ARMALY BRANDS 401(K) PLAN is -15.72%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ARMALY BRANDS 401(K) PLAN is 0.46%.

Enrollment Features

ARMALY BRANDS 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.