BANKER INDUSTRIES, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of BANKER INDUSTRIES, INC. 401(K) PLAN is $382,564.This plan was established in 2018.

At the end of 2022, the total number of retirement plan participants in BANKER INDUSTRIES, INC. 401(K) PLAN is 217

In 2022, the average participant retirement account value for BANKER INDUSTRIES, INC. 401(K) PLAN is $1,762

In 2022, the estimated average employee contribution amount per participant for BANKER INDUSTRIES, INC. 401(K) PLAN is $534

In 2022, the estimated average employer match for an employee in BANKER INDUSTRIES, INC. 401(K) PLAN is approximately $8

In 2022, BANKER INDUSTRIES, INC. 401(K) PLAN allocates $1,871 to match its employees’ contributions, providing an employer match rate of 1.64% of their contributions

In 2022, the total retirement plan asset growth rate of BANKER INDUSTRIES, INC. 401(K) PLAN is -23.98%

In 2022, the estimated aggregate retirement account investment gain/loss for BANKER INDUSTRIES, INC. 401(K) PLAN is -17.40%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BANKER INDUSTRIES, INC. 401(K) PLAN is 2.62%.

Enrollment Features

BANKER INDUSTRIES, 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.