BALANCE TECHNOLOGY, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of BALANCE TECHNOLOGY, INC. 401(K) PLAN is $15,304,071.This plan was established in 1985.

At the end of 2022, the total number of retirement plan participants in BALANCE TECHNOLOGY, INC. 401(K) PLAN is 151

In 2022, the average participant retirement account value for BALANCE TECHNOLOGY, INC. 401(K) PLAN is $101,351

In 2022, the estimated average employee contribution amount per participant for BALANCE TECHNOLOGY, INC. 401(K) PLAN is $4,834

In 2022, the estimated average employer match for an employee in BALANCE TECHNOLOGY, INC. 401(K) PLAN is approximately $1,129

In 2022, BALANCE TECHNOLOGY, INC. 401(K) PLAN allocates $170,581 to match its employees’ contributions, providing an employer match rate of 25.20% of their contributions

In 2022, the total retirement plan asset growth rate of BALANCE TECHNOLOGY, INC. 401(K) PLAN is -20.29%

In 2022, the estimated aggregate retirement account investment gain/loss for BALANCE TECHNOLOGY, INC. 401(K) PLAN is -18.46%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BALANCE TECHNOLOGY, INC. 401(K) PLAN is 0.49%.

Enrollment Features

BALANCE TECHNOLOGY, INC. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.