ASHLAND EMPLOYEE SAVINGS PLAN

At the end of 2022, the total retirement plan assets of ASHLAND EMPLOYEE SAVINGS PLAN is $1,201,689,819.This plan was established in 1964.

At the end of 2022, the total number of retirement plan participants in ASHLAND EMPLOYEE SAVINGS PLAN is 6007

In 2022, the average participant retirement account value for ASHLAND EMPLOYEE SAVINGS PLAN is $200,048

In 2022, the estimated average employee contribution amount per participant for ASHLAND EMPLOYEE SAVINGS PLAN is $6,031

In 2022, the estimated average employer match for an employee in ASHLAND EMPLOYEE SAVINGS PLAN is approximately $2,562

In 2022, ASHLAND EMPLOYEE SAVINGS PLAN allocates $15,394,190 to match its employees’ contributions, providing an employer match rate of 84.98% of their contributions

In 2022, the total retirement plan asset growth rate of ASHLAND EMPLOYEE SAVINGS PLAN is -21.87%

In 2022, the estimated aggregate retirement account investment gain/loss for ASHLAND EMPLOYEE SAVINGS PLAN is -14.81%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ASHLAND EMPLOYEE SAVINGS PLAN is 0.05%.

Enrollment Features

ASHLAND EMPLOYEE SAVINGS 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.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.