BAKKT 401(K) PLAN
Overview
Plan Contact
- Address: 5900 WINDWARD PARKWAY #450,ALPHARETTA,GA
- Contact person: KIM JIMENEZ
- Phone: (678) 534-5849
Plan General Information
At the end of 2022, the total retirement plan assets of BAKKT 401(K) PLAN is $27,172,044.This plan was established in 2017.
At the end of 2022, the total number of retirement plan participants in BAKKT 401(K) PLAN is 672
In 2022, the average participant retirement account value for BAKKT 401(K) PLAN is $40,434
In 2022, the estimated average employee contribution amount per participant for BAKKT 401(K) PLAN is $8,871
In 2022, the estimated average employer match for an employee in BAKKT 401(K) PLAN is approximately $4,638
In 2022, BAKKT 401(K) PLAN allocates $3,117,022 to match its employees’ contributions, providing an employer match rate of 71.27% of their contributions
In 2022, the total retirement plan asset growth rate of BAKKT 401(K) PLAN is 1.49%
In 2022, the estimated aggregate retirement account investment gain/loss for BAKKT 401(K) PLAN is -16.70%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of BAKKT 401(K) PLAN is 0.21%.
Enrollment Features
BAKKT 401(K) 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.