AWANA 401(K) SAVINGS PLAN

At the end of 2022, the total retirement plan assets of AWANA 401(K) SAVINGS PLAN is $11,227,229.This plan was established in 2000.

At the end of 2022, the total number of retirement plan participants in AWANA 401(K) SAVINGS PLAN is 237

In 2022, the average participant retirement account value for AWANA 401(K) SAVINGS PLAN is $47,372

In 2022, the estimated average employee contribution amount per participant for AWANA 401(K) SAVINGS PLAN is $3,115

In 2022, the estimated average employer match for an employee in AWANA 401(K) SAVINGS PLAN is approximately $815

In 2022, AWANA 401(K) SAVINGS PLAN allocates $193,325 to match its employees’ contributions, providing an employer match rate of 25.54% of their contributions

In 2022, the total retirement plan asset growth rate of AWANA 401(K) SAVINGS PLAN is -18.17%

In 2022, the estimated aggregate retirement account investment gain/loss for AWANA 401(K) SAVINGS PLAN is -17.02%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AWANA 401(K) SAVINGS PLAN is 0.03%.

Enrollment Features

AWANA 401(K) 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.