AURUBIS BUFFALO, INC. 401(K) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of AURUBIS BUFFALO, INC. 401(K) RETIREMENT PLAN is $39,766,158.This plan was established in 1986.

At the end of 2022, the total number of retirement plan participants in AURUBIS BUFFALO, INC. 401(K) RETIREMENT PLAN is 196

In 2022, the average participant retirement account value for AURUBIS BUFFALO, INC. 401(K) RETIREMENT PLAN is $202,888

In 2022, the estimated average employee contribution amount per participant for AURUBIS BUFFALO, INC. 401(K) RETIREMENT PLAN is $6,740

In 2022, the estimated average employer match for an employee in AURUBIS BUFFALO, INC. 401(K) RETIREMENT PLAN is approximately $3,403

In 2022, AURUBIS BUFFALO, INC. 401(K) RETIREMENT PLAN allocates $667,125 to match its employees’ contributions, providing an employer match rate of 53.21% of their contributions

In 2022, the total retirement plan asset growth rate of AURUBIS BUFFALO, INC. 401(K) RETIREMENT PLAN is -25.78%

In 2022, the estimated aggregate retirement account investment gain/loss for AURUBIS BUFFALO, INC. 401(K) RETIREMENT PLAN is -18.84%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AURUBIS BUFFALO, INC. 401(K) RETIREMENT PLAN is 0.08%.

Enrollment Features

AURUBIS BUFFALO, INC. 401(K) RETIREMENT 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.