ASENSUS SURGICAL, INC. 401(K) PLAN

At the end of 2021, the total retirement plan assets of ASENSUS SURGICAL, INC. 401(K) PLAN is $4,565,818.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in ASENSUS SURGICAL, INC. 401(K) PLAN is 115

In 2021, the average participant retirement account value for ASENSUS SURGICAL, INC. 401(K) PLAN is $39,702

In 2021, the estimated average employee contribution amount per participant for ASENSUS SURGICAL, INC. 401(K) PLAN is $4,284

In 2021, the estimated average employer match for an employee in ASENSUS SURGICAL, INC. 401(K) PLAN is approximately $555

In 2021, ASENSUS SURGICAL, INC. 401(K) PLAN allocates $63,915 to match its employees’ contributions, providing an employer match rate of 12.97% of their contributions

In 2021, the total retirement plan asset growth rate of ASENSUS SURGICAL, INC. 401(K) PLAN is 17.67%

In 2021, the estimated aggregate retirement account investment gain/loss for ASENSUS SURGICAL, INC. 401(K) PLAN is 16.06%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of ASENSUS SURGICAL, INC. 401(K) PLAN is 0.78%.

Enrollment Features

ASENSUS SURGICAL, 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.