ARXIUM, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 1000 ASBURY DRIVE, SUITE 4,BUFFALO GROVE,IL
  • Contact person: SELENA SAWKA
  • Phone: (847) 808-2600

Plan General Information


At the end of 2022, the total retirement plan assets of ARXIUM, INC. 401(K) PLAN is $12,978,619.This plan was established in 2015.

At the end of 2022, the total number of retirement plan participants in ARXIUM, INC. 401(K) PLAN is 151

In 2022, the average participant retirement account value for ARXIUM, INC. 401(K) PLAN is $85,951

In 2022, the estimated average employee contribution amount per participant for ARXIUM, INC. 401(K) PLAN is $6,074

In 2022, the estimated average employer match for an employee in ARXIUM, INC. 401(K) PLAN is approximately $2,193

In 2022, ARXIUM, INC. 401(K) PLAN allocates $331,173 to match its employees’ contributions, providing an employer match rate of 35.40% of their contributions

In 2022, the total retirement plan asset growth rate of ARXIUM, INC. 401(K) PLAN is -25.85%

In 2022, the estimated aggregate retirement account investment gain/loss for ARXIUM, INC. 401(K) PLAN is -18.76%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ARXIUM, INC. 401(K) PLAN is 0.32%.

Enrollment Features

ARXIUM, INC. 401(K) 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.