BABCOCK LABORATORIES, INC. 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of BABCOCK LABORATORIES, INC. 401(K) PROFIT SHARING PLAN is $10,095,287.This plan was established in 1992.

At the end of 2022, the total number of retirement plan participants in BABCOCK LABORATORIES, INC. 401(K) PROFIT SHARING PLAN is 135

In 2022, the average participant retirement account value for BABCOCK LABORATORIES, INC. 401(K) PROFIT SHARING PLAN is $74,779

In 2022, the estimated average employee contribution amount per participant for BABCOCK LABORATORIES, INC. 401(K) PROFIT SHARING PLAN is $1,914

In 2022, the estimated average employer match for an employee in BABCOCK LABORATORIES, INC. 401(K) PROFIT SHARING PLAN is approximately $248

In 2022, BABCOCK LABORATORIES, INC. 401(K) PROFIT SHARING PLAN allocates $33,557 to match its employees’ contributions, providing an employer match rate of 13.03% of their contributions

In 2022, the total retirement plan asset growth rate of BABCOCK LABORATORIES, INC. 401(K) PROFIT SHARING PLAN is -17.60%

In 2022, the estimated aggregate retirement account investment gain/loss for BABCOCK LABORATORIES, INC. 401(K) PROFIT SHARING PLAN is -19.13%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BABCOCK LABORATORIES, INC. 401(K) PROFIT SHARING PLAN is 0.03%.

Enrollment Features

BABCOCK LABORATORIES, INC. 401(K) PROFIT SHARING 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.