BARKBOX, INC. 401(K) PLAN
Overview
Plan Contact
- Address: 120 BROADWAY 12TH FLOOR,NEW YORK,NY
- Contact person: FARRAH SALIBA
- Phone: (221) 822-1737
Plan General Information
At the end of 2022, the total retirement plan assets of BARKBOX, INC. 401(K) PLAN is $10,991,445.This plan was established in 2019.
At the end of 2022, the total number of retirement plan participants in BARKBOX, INC. 401(K) PLAN is 744
In 2022, the average participant retirement account value for BARKBOX, INC. 401(K) PLAN is $14,773
In 2022, the estimated average employee contribution amount per participant for BARKBOX, INC. 401(K) PLAN is $4,355
In 2022, the estimated average employer match for an employee in BARKBOX, INC. 401(K) PLAN is approximately $193
In 2022, BARKBOX, INC. 401(K) PLAN allocates $143,629 to match its employees’ contributions, providing an employer match rate of 4.72% of their contributions
In 2022, the total retirement plan asset growth rate of BARKBOX, INC. 401(K) PLAN is 4.91%
In 2022, the estimated aggregate retirement account investment gain/loss for BARKBOX, INC. 401(K) PLAN is -16.42%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of BARKBOX, INC. 401(K) PLAN is 0.73%.
Enrollment Features
BARKBOX, INC. 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.