BAKER SERVICES RETIREMENT PLAN AND TRUST

At the end of 2022, the total retirement plan assets of BAKER SERVICES RETIREMENT PLAN AND TRUST is $2,313,650.This plan was established in 2013.

At the end of 2022, the total number of retirement plan participants in BAKER SERVICES RETIREMENT PLAN AND TRUST is 294

In 2022, the average participant retirement account value for BAKER SERVICES RETIREMENT PLAN AND TRUST is $7,869

In 2022, the estimated average employee contribution amount per participant for BAKER SERVICES RETIREMENT PLAN AND TRUST is $397

In 2022, the estimated average employer match for an employee in BAKER SERVICES RETIREMENT PLAN AND TRUST is approximately $323

In 2022, BAKER SERVICES RETIREMENT PLAN AND TRUST allocates $95,000 to match its employees’ contributions, providing an employer match rate of 75.91% of their contributions

In 2022, the total retirement plan asset growth rate of BAKER SERVICES RETIREMENT PLAN AND TRUST is -18.08%

In 2022, the estimated aggregate retirement account investment gain/loss for BAKER SERVICES RETIREMENT PLAN AND TRUST is -15.02%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BAKER SERVICES RETIREMENT PLAN AND TRUST is 1.16%.

Enrollment Features

BAKER SERVICES RETIREMENT PLAN AND TRUST has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.