BAMBOO HR LLC 401(K) PLAN

Overview

Plan Contact

  • Address: 335 SOUTH 560 WEST,LINDON,UT
  • Contact person: KIMBERLY STOUT
  • Phone: (801) 724-6600

Plan General Information


At the end of 2022, the total retirement plan assets of BAMBOO HR LLC 401(K) PLAN is $40,837,275.This plan was established in 2013.

At the end of 2022, the total number of retirement plan participants in BAMBOO HR LLC 401(K) PLAN is 1184

In 2022, the average participant retirement account value for BAMBOO HR LLC 401(K) PLAN is $34,490

In 2022, the estimated average employee contribution amount per participant for BAMBOO HR LLC 401(K) PLAN is $7,356

In 2022, the estimated average employer match for an employee in BAMBOO HR LLC 401(K) PLAN is approximately $4,693

In 2022, BAMBOO HR LLC 401(K) PLAN allocates $5,557,678 to match its employees’ contributions, providing an employer match rate of 75.89% of their contributions

In 2022, the total retirement plan asset growth rate of BAMBOO HR LLC 401(K) PLAN is 13.56%

In 2022, the estimated aggregate retirement account investment gain/loss for BAMBOO HR LLC 401(K) PLAN is -16.95%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BAMBOO HR LLC 401(K) PLAN is 0.51%.

Enrollment Features

BAMBOO HR LLC 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.