BARRICK RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of BARRICK RETIREMENT PLAN is $1,028,962,022.This plan was established in 1987.

At the end of 2022, the total number of retirement plan participants in BARRICK RETIREMENT PLAN is 9138

In 2022, the average participant retirement account value for BARRICK RETIREMENT PLAN is $112,602

In 2022, the estimated average employee contribution amount per participant for BARRICK RETIREMENT PLAN is $6,970

In 2022, the estimated average employer match for an employee in BARRICK RETIREMENT PLAN is approximately $6,573

In 2022, BARRICK RETIREMENT PLAN allocates $60,064,580 to match its employees’ contributions, providing an employer match rate of 99.18% of their contributions

In 2022, the total retirement plan asset growth rate of BARRICK RETIREMENT PLAN is -20.35%

In 2022, the estimated aggregate retirement account investment gain/loss for BARRICK RETIREMENT PLAN is -16.98%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of BARRICK RETIREMENT PLAN is 0.11%.

Enrollment Features

BARRICK RETIREMENT 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.