AVANTOR RETIREMENT SAVINGS 401(K) PLAN AND TRUST

At the end of 2022, the total retirement plan assets of AVANTOR RETIREMENT SAVINGS 401(K) PLAN AND TRUST is $508,174,067.This plan was established in 1986.

At the end of 2022, the total number of retirement plan participants in AVANTOR RETIREMENT SAVINGS 401(K) PLAN AND TRUST is 8344

In 2022, the average participant retirement account value for AVANTOR RETIREMENT SAVINGS 401(K) PLAN AND TRUST is $60,902

In 2022, the estimated average employee contribution amount per participant for AVANTOR RETIREMENT SAVINGS 401(K) PLAN AND TRUST is $4,475

In 2022, the estimated average employer match for an employee in AVANTOR RETIREMENT SAVINGS 401(K) PLAN AND TRUST is approximately $2,205

In 2022, AVANTOR RETIREMENT SAVINGS 401(K) PLAN AND TRUST allocates $18,406,192 to match its employees’ contributions, providing an employer match rate of 52.04% of their contributions

In 2022, the total retirement plan asset growth rate of AVANTOR RETIREMENT SAVINGS 401(K) PLAN AND TRUST is -14.17%

In 2022, the estimated aggregate retirement account investment gain/loss for AVANTOR RETIREMENT SAVINGS 401(K) PLAN AND TRUST is -16.19%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AVANTOR RETIREMENT SAVINGS 401(K) PLAN AND TRUST is 0.11%.

Enrollment Features

AVANTOR RETIREMENT SAVINGS 401(K) 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.
    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.