ASKO PROCESSING, INC. EMPLOYEES’ RETIREMENT PLAN AND TRUST

At the end of 2022, the total retirement plan assets of ASKO PROCESSING, INC. EMPLOYEES’ RETIREMENT PLAN AND TRUST is $7,761,123.This plan was established in 1973.

At the end of 2022, the total number of retirement plan participants in ASKO PROCESSING, INC. EMPLOYEES’ RETIREMENT PLAN AND TRUST is 203

In 2022, the average participant retirement account value for ASKO PROCESSING, INC. EMPLOYEES’ RETIREMENT PLAN AND TRUST is $38,232

In 2022, the estimated average employee contribution amount per participant for ASKO PROCESSING, INC. EMPLOYEES’ RETIREMENT PLAN AND TRUST is $1,574

In 2022, the total retirement plan asset growth rate of ASKO PROCESSING, INC. EMPLOYEES’ RETIREMENT PLAN AND TRUST is -39.59%

In 2022, the estimated aggregate retirement account investment gain/loss for ASKO PROCESSING, INC. EMPLOYEES’ RETIREMENT PLAN AND TRUST is -16.18%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ASKO PROCESSING, INC. EMPLOYEES’ RETIREMENT PLAN AND TRUST is 0.65%.

Enrollment Features

ASKO PROCESSING, INC. EMPLOYEES’ RETIREMENT PLAN AND TRUST 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.